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EconPulse

Local economy signal dashboard

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PLACEThriving

Correctionville, IA

Thriving overall. Jobs is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score68out of 100
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55
100
0
72
88

Population

761

Data freshness

Unknown

GDP / Output

+2.3% YoY

55

$7.0B

Output changed +2.3% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg3.6%
U.S. avg4.2%

Population

-22.5% 5-year

0

761

Population moved -22.5% over the latest ACS window.

Vintage date unknown

State population3,210,507
U.S. population334,922,499

Housing

Rent share of income

72

20.3%

Median rent consumes 20.3% of median household income: Affordable.

Vintage date unknown

State rent$972
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.7K per resident

88

$706.3M

$706.3M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$36.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$706.3M

$6.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$468.4M
2. Department of Health and Human Services$42.1M
3. Department of Veterans Affairs$42.1M

Top recipients

Dollars
1. REDACTED DUE TO PII$41.2M
2. REGENCY CONSULTING INC$23.8M
3. IOWA DEPARTMENT OF TRANSPORTATION$21.6M

Affordable

Housing Affordability

20.3%

of median income

1BR estimate$697
2BR estimate$918
Median income$50,192
Median home value$84,700

ACS context

Quick Facts

Population

761

Median age

33.3

Bachelor's degree+

14.0%

Poverty rate

15.2%

Labor force participation

50.8%

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

-5.0%

GDP CAGR

+5.1%

Federal flow

5 years

Population (5 years)
2020982
2021902
2022810
2023768
2024761
GDP (5 years)
2020$5.5B
2021$6.0B
2022$6.5B
2023$6.9B
2024$7.0B

2-year linear forecast

Predictive Outlook

Population forecast

2024761
2025672 *
2026614 *

R² = 91.6% · * projected

GDP forecast

2024$7.0B
2025$7.6B *
2026$8.0B *

R² = 97.1% · * 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$50,192/yr
Median rent$850/mo
Rent share of income20.3%
Est. mortgage (30yr, 6.5%)$5,139/yr
Mortgage share of income10.2%

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

employment snapshot

Job Market

Unemployment rate0.0%
State avg3.6%
U.S. avg4.2%
Labor force participation50.8%
Poverty rate15.2%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$84,700
Median monthly rent$850
Price-to-rent ratio8.3x

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

composite score

Investment Climate

Investment climateModerate
Composite score59/100
Economic growth55/100
Labor market100/100
Population momentum0/100
Overall stability68/100

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

Location Context

Correctionville city, Iowa

City/Town

Part of

Sioux City, IA-NE-SD

Nearby locations

Cushing, IAPierson, IAAnthon, IAWashta, IAKingsley, IA