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EconPulse

Local economy signal dashboard

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PLACEStable

City Of Creede, CO

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

Post on XLinkedIn
Overall score42out of 100
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76
0
0
67
100

Population

285

Data freshness

Unknown

GDP / Output

+5.3% YoY

76

$100.1M

Output changed +5.3% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

8.5%

Unemployment is 8.5% for Latest available.

Vintage date unknown

State avg4.6%
U.S. avg5.2%

Population

-20.2% 5-year

0

285

Population moved -20.2% over the latest ACS window.

Vintage date unknown

State population5,862,189
U.S. population334,922,499

Housing

Rent share of income

67

23.8%

Median rent consumes 23.8% of median household income: Affordable.

Vintage date unknown

State rent$1.8K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$28.0K per resident

100

$24.2M

$24.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$70.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$24.2M

$28.0K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Transportation$15.9M
2. Social Security Administration$7.2M
3. Department of Veterans Affairs$572.7K

Top recipients

Dollars
1. COLORADO DEPARTMENT OF TRANSPORTATION$15.9M
2. HDR APTIM LLC$542.3K
3. CREEDE SCHOOL DISTRICT$15.2K

Affordable

Housing Affordability

23.8%

of median income

1BR estimate$748
2BR estimate$985
Median income$45,938
Median home value$376,900

ACS context

Quick Facts

Population

285

Median age

47.5

Bachelor's degree+

40.2%

Poverty rate

22.8%

Labor force participation

68.3%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-15

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

-4.4%

GDP CAGR

+12.3%

Federal flow

5 years

Population (5 years)
2020357
2021312
2022280
2023307
2024285
GDP (5 years)
2020$56.0M
2021$68.6M
2022$89.6M
2023$95.1M
2024$100.1M

2-year linear forecast

Predictive Outlook

Population forecast

2024285
2025264 *
2026249 *

R² = 59.5% · * projected

GDP forecast

2024$100.1M
2025$116.3M *
2026$127.8M *

R² = 93.2% · * 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$45,938/yr
Median rent$912/mo
Rent share of income23.8%
Est. mortgage (30yr, 6.5%)$22,870/yr
Mortgage share of income49.8%

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

employment snapshot

Job Market

Unemployment rate8.5%
State avg4.6%
U.S. avg5.2%
Labor force participation68.3%
Poverty rate22.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$376,900
Median monthly rent$912
Price-to-rent ratio34.4x

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

composite score

Investment Climate

Investment climateWeak
Composite score33/100
Economic growth76/100
Labor market0/100
Population momentum0/100
Overall stability42/100

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

Location Context

City of Creede town, Colorado

City/Town

Part of

Colorado

Nearby locations

Cathedral, COSouth Fork, COAlpine, COGerrard, COLake City, CO