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EconPulse

Local economy signal dashboard

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PLACEThriving

Cicero, IN

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

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Overall score94out of 100
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100
100
100
82
80

Population

5,509

Data freshness

Unknown

GDP / Output

+8.8% YoY

100

$31.6B

Output changed +8.8% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.8%

Unemployment is 0.8% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

+11.9% 5-year

100

5,509

Population moved +11.9% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

82

13.2%

Median rent consumes 13.2% 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

$5.6K per resident

80

$1.9B

$1.9B 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

$1.9B

$5.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.6B
2. Department of Veterans Affairs$145.3M
3. Department of Justice$46.5M

Top recipients

Dollars
1. SEVEN CORNERS INC$45.9M
2. INDIANA DEPARTMENT OF TRANSPORTATION$42.3M
3. AHEPA AFFORDABLE HOUSING MANAGEMENT CO$12.3M

Affordable

Housing Affordability

13.2%

of median income

1BR estimate$604
2BR estimate$796
Median income$66,934
Median home value$282,100

ACS context

Quick Facts

Population

5,509

Median age

44.5

Bachelor's degree+

41.0%

Poverty rate

11.5%

Labor force participation

62.8%

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

+2.3%

GDP CAGR

+8.2%

Federal flow

5 years

Population (5 years)
20204,921
20215,289
20225,356
20235,441
20245,509
GDP (5 years)
2020$21.4B
2021$24.1B
2022$26.7B
2023$29.1B
2024$31.6B

2-year linear forecast

Predictive Outlook

Population forecast

20245,509
20255,702 *
20265,834 *

R² = 83.8% · * projected

GDP forecast

2024$31.6B
2025$34.2B *
2026$36.8B *

R² = 100.0% · * 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$66,934/yr
Median rent$737/mo
Rent share of income13.2%
Est. mortgage (30yr, 6.5%)$17,117/yr
Mortgage share of income25.6%

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

employment snapshot

Job Market

Unemployment rate0.8%
State avg4.3%
U.S. avg5.2%
Labor force participation62.8%
Poverty rate11.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$282,100
Median monthly rent$737
Price-to-rent ratio31.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score99/100
Economic growth100/100
Labor market100/100
Population momentum100/100
Overall stability94/100

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

Location Context

Cicero town, Indiana

City/Town

Part of

Indianapolis-Carmel-Greenwood, IN

Nearby locations

Riverwood, INArcadia, INNoblesville, INAtlanta, INHortonville, IN