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EconPulse

Local economy signal dashboard

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PLACEThriving

Cornwall-On-Hudson, NY

Thriving 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 score77out of 100
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78
71
73
82
85

Population

3,037

Data freshness

Unknown

GDP / Output

+5.5% YoY

78

$27.7B

Output changed +5.5% in 2024.

Vintage date unknown

State growth6.4%
U.S. growth5.3%

Jobs

Unemployment rate

71

3.7%

Unemployment is 3.7% for April 2026.

Vintage date unknown

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

Population

+3.8% 5-year

73

3,037

Population moved +3.8% over the latest ACS window.

Vintage date unknown

State population19,852,366
U.S. population334,922,499

Housing

Rent share of income

82

12.6%

Median rent consumes 12.6% of median household income: Affordable.

Vintage date unknown

State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.3K per resident

85

$2.5B

$2.5B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$262.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$2.5B

$6.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.8B
2. Department of Defense$279.1M
3. Department of Veterans Affairs$165.2M

Top recipients

Dollars
1. DEPARTMENT OF TRANSPORTATION NEW YORK$100.8M
2. DOBCO INC$34.2M
3. U.T.A. MESIVTA OF KIRYAS JOEL$24.4M

Affordable

Housing Affordability

12.6%

of median income

1BR estimate$1,206
2BR estimate$1,589
Median income$140,208
Median home value$471,200

ACS context

Quick Facts

Population

3,037

Median age

46.6

Bachelor's degree+

53.7%

Poverty rate

3.6%

Labor force participation

67.9%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-16

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

+0.7%

GDP CAGR

+5.5%

Federal flow

5 years

Population (5 years)
20202,926
20213,059
20223,044
20233,046
20243,037
GDP (5 years)
2020$21.2B
2021$22.9B
2022$24.7B
2023$26.3B
2024$27.7B

2-year linear forecast

Predictive Outlook

Population forecast

20243,037
20253,085 *
20263,106 *

R² = 36.8% · * projected

GDP forecast

2024$27.7B
2025$29.5B *
2026$31.2B *

R² = 99.9% · * 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$140,208/yr
Median rent$1,471/mo
Rent share of income12.6%
Est. mortgage (30yr, 6.5%)$28,592/yr
Mortgage share of income20.4%

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

employment snapshot

Job Market

Unemployment rate3.7%
State avg4.6%
U.S. avg5.2%
Labor force participation67.9%
Poverty rate3.6%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$471,200
Median monthly rent$1,471
Price-to-rent ratio26.7x

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

composite score

Investment Climate

Investment climateStrong
Composite score75/100
Economic growth78/100
Labor market71/100
Population momentum73/100
Overall stability77/100

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

Location Context

Cornwall-on-Hudson village, New York

City/Town

Part of

Kiryas Joel-Poughkeepsie-Newburgh, NY

Nearby locations

Firthcliffe, NYVails Gate, NYNew Windsor, NYCold Spring, NYNelsonville, NY