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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Claremont, IL

Stable overall. GDP / Output 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 score45out of 100
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100
0
0
62
93

Population

195

Data freshness

Unknown

GDP / Output

+10.7% YoY

100

$834.2M

Output changed +10.7% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

20.5%

Unemployment is 20.5% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

-10.6% 5-year

0

195

Population moved -10.6% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

62

27.3%

Median rent consumes 27.3% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.2K per resident

93

$114.5M

$114.5M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$114.5M

$7.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$84.0M
2. Department of Agriculture$11.9M
3. Department of Education$7.2M

Top recipients

Dollars
1. REDACTED DUE TO PII$11.4M
2. ILLINOIS EASTERN COMMUNITY COLLEGES DISTRICT 529$7.2M
3. ILLINOIS DEPARTMENT OF TRANSPORTATION$1.7M

Affordable

Housing Affordability

27.3%

of median income

1BR estimate$683
2BR estimate$900
Median income$36,591
Median home value$50,000

ACS context

Quick Facts

Population

195

Median age

28.0

Bachelor's degree+

10.3%

Poverty rate

60.5%

Labor force participation

69.8%

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

-2.2%

GDP CAGR

+7.3%

Federal flow

5 years

Population (5 years)
2020218
2021156
2022159
2023147
2024195
GDP (5 years)
2020$586.9M
2021$651.8M
2022$746.8M
2023$753.3M
2024$834.2M

2-year linear forecast

Predictive Outlook

Population forecast

2024195
2025159 *
2026153 *

R² = 8.3% · * projected

GDP forecast

2024$834.2M
2025$893.5M *
2026$953.1M *

R² = 95.8% · * 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$36,591/yr
Median rent$833/mo
Rent share of income27.3%
Est. mortgage (30yr, 6.5%)$3,034/yr
Mortgage share of income8.3%

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

employment snapshot

Job Market

Unemployment rate20.5%
State avg5.1%
U.S. avg5.2%
Labor force participation69.8%
Poverty rate60.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$50,000
Median monthly rent$833
Price-to-rent ratio5.0x

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 growth100/100
Labor market0/100
Population momentum0/100
Overall stability45/100

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

Location Context

Claremont village, Illinois

City/Town

Part of

Illinois

Nearby locations

Sumner, ILOlney, ILCalhoun, ILParkersburg, ILDundas, IL