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EconPulse

Local economy signal dashboard

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PLACEThriving

Columbia, MS

Thriving overall. Population 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 score78out of 100
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92
62
100
65
100

Population

6,632

Data freshness

Unknown

GDP / Output

+7.6% YoY

92

$1.1B

Output changed +7.6% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

62

4.3%

Unemployment is 4.3% for June 2026.

Vintage date unknown

State avg5.8%
U.S. avg5.2%

Population

+11.6% 5-year

100

6,632

Population moved +11.6% over the latest ACS window.

Vintage date unknown

State population2,946,779
U.S. population334,922,499

Housing

Rent share of income

65

25.1%

Median rent consumes 25.1% of median household income: Affordable.

Vintage date unknown

State rent$954
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.3K per resident

100

$203.3M

$203.3M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$38.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$203.3M

$8.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$145.0M
2. Department of Transportation$31.0M
3. Department of Veterans Affairs$14.4M

Top recipients

Dollars
1. MISSISSIPPI DEPARTMENT OF TRANSPORTATION$29.7M
2. EAST COLUMBIA APARTMENTS, INC.$6.5M
3. REDACTED DUE TO PII$2.5M

Affordable

Housing Affordability

25.1%

of median income

1BR estimate$661
2BR estimate$870
Median income$38,507
Median home value$131,700

ACS context

Quick Facts

Population

6,632

Median age

41.4

Bachelor's degree+

14.8%

Poverty rate

24.5%

Labor force participation

44.7%

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

June 2026

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

+5.6%

Federal flow

5 years

Population (5 years)
20205,940
20215,998
20225,831
20235,804
20246,632
GDP (5 years)
2020$867.6M
2021$930.7M
2022$991.6M
2023$1.1B
2024$1.1B

2-year linear forecast

Predictive Outlook

Population forecast

20246,632
20256,398 *
20266,517 *

R² = 30.7% · * projected

GDP forecast

2024$1.1B
2025$1.2B *
2026$1.3B *

R² = 99.7% · * 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$38,507/yr
Median rent$806/mo
Rent share of income25.1%
Est. mortgage (30yr, 6.5%)$7,991/yr
Mortgage share of income20.8%

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

employment snapshot

Job Market

Unemployment rate4.3%
State avg5.8%
U.S. avg5.2%
Labor force participation44.7%
Poverty rate24.5%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$131,700
Median monthly rent$806
Price-to-rent ratio13.6x

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

composite score

Investment Climate

Investment climateStrong
Composite score83/100
Economic growth92/100
Labor market62/100
Population momentum100/100
Overall stability78/100

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

Location Context

Columbia city, Mississippi

City/Town

Part of

Mississippi

Nearby locations

Foxworth, MSKokomo, MSBassfield, MSBaxterville, MSSumrall, MS