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EconPulse

Local economy signal dashboard

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PLACEThriving

Charlestown, IN

Thriving overall. GDP / Output is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score80out of 100
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100
80
50
78
88

Population

8,294

Data freshness

Unknown

GDP / Output

+9.1% YoY

100

$8.6B

Output changed +9.1% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

80

2.8%

Unemployment is 2.8% for April 2026.

Vintage date unknown

State avg3.2%
U.S. avg4.3%

Population

+0.0% 5-year

50

8,294

Population moved +0.0% over the latest ACS window.

Vintage date unknown

State population6,851,073
U.S. population334,922,499

Housing

Rent share of income

78

16.0%

Median rent consumes 16.0% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.6K per resident

88

$797.2M

$797.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$207.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$797.2M

$6.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$648.0M
2. Department of Veterans Affairs$80.9M
3. Department of Housing and Urban Development$17.2M

Top recipients

Dollars
1. INDIANA DEPARTMENT OF TRANSPORTATION$15.1M
2. CITY OF JEFFERSONVILLE$8.1M
3. COMMUNITY ACTION OF SOUTHERN INDIANA INC$4.2M

Affordable

Housing Affordability

16.0%

of median income

1BR estimate$847
2BR estimate$1,116
Median income$77,288
Median home value$208,300

ACS context

Quick Facts

Population

8,294

Median age

32.9

Bachelor's degree+

25.7%

Poverty rate

12.5%

Labor force participation

70.3%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-16

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.0%

GDP CAGR

+8.0%

Federal flow

5 years

Population (5 years)
20208,290
20217,859
20227,986
20238,118
20248,294
GDP (5 years)
2020$5.8B
2021$6.5B
2022$7.3B
2023$7.8B
2024$8.6B

2-year linear forecast

Predictive Outlook

Population forecast

20248,294
20258,190 *
20268,216 *

R² = 4.9% · * projected

GDP forecast

2024$8.6B
2025$9.2B *
2026$9.9B *

R² = 99.8% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$77,288/yr
Median rent$1,033/mo
Rent share of income16.0%
Est. mortgage (30yr, 6.5%)$12,639/yr
Mortgage share of income16.4%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate2.8%
State avg3.2%
U.S. avg4.3%
Labor force participation70.3%
Poverty rate12.5%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$208,300
Median monthly rent$1,033
Price-to-rent ratio16.8x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score80/100
Economic growth100/100
Labor market80/100
Population momentum50/100
Overall stability80/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Charlestown city, Indiana

City/Town

Part of

Louisville/Jefferson County, KY-IN

Nearby locations

Goshen, KYRiver Bluff, KYSellersburg, INUtica, INProspect, KY