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EconPulse

Local economy signal dashboard

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PLACEStable

Chesterfield, IN

Stable overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score47out of 100
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81
0
24
72
90

Population

2,489

Data freshness

Unknown

GDP / Output

+6.0% YoY

81

$5.5B

Output changed +6.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

11.9%

Unemployment is 11.9% for Latest available.

Vintage date unknown

State avg3.3%
U.S. avg5.2%

Population

-4.3% 5-year

24

2,489

Population moved -4.3% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

72

19.7%

Median rent consumes 19.7% 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

$6.9K per resident

90

$901.4M

$901.4M 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

$901.4M

$6.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$765.2M
2. Department of Veterans Affairs$65.8M
3. Department of Housing and Urban Development$18.9M

Top recipients

Dollars
1. INDIANA DEPARTMENT OF TRANSPORTATION$15.2M
2. HOUSING AUTHORITY OF CITY OF ANDERSO$14.3M
3. TELAMON CORPORATION$9.4M

Affordable

Housing Affordability

19.7%

of median income

1BR estimate$790
2BR estimate$1,041
Median income$58,824
Median home value$113,100

ACS context

Quick Facts

Population

2,489

Median age

39.5

Bachelor's degree+

13.2%

Poverty rate

11.9%

Labor force participation

57.7%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

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

-0.9%

GDP CAGR

+6.5%

Federal flow

5 years

Population (5 years)
20202,601
20212,630
20222,588
20232,733
20242,489
GDP (5 years)
2020$4.0B
2021$4.5B
2022$4.8B
2023$5.2B
2024$5.5B

2-year linear forecast

Predictive Outlook

Population forecast

20242,489
20252,572 *
20262,560 *

R² = 4.8% · * projected

GDP forecast

2024$5.5B
2025$5.9B *
2026$6.3B *

R² = 99.2% · * 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$58,824/yr
Median rent$964/mo
Rent share of income19.7%
Est. mortgage (30yr, 6.5%)$6,863/yr
Mortgage share of income11.7%

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

employment snapshot

Job Market

Unemployment rate11.9%
State avg3.3%
U.S. avg5.2%
Labor force participation57.7%
Poverty rate11.9%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$113,100
Median monthly rent$964
Price-to-rent ratio9.8x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateModerate
Composite score41/100
Economic growth81/100
Labor market0/100
Population momentum24/100
Overall stability47/100

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

Location Context

Chesterfield town, Indiana

City/Town

Part of

Indianapolis-Carmel-Greenwood, IN

Nearby locations

Daleville, INMiddletown, INCountry Club Heights, INAnderson, INWoodlawn Heights, IN