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EconPulse

Local economy signal dashboard

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PLACEStable

Crosbyton, TX

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

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Overall score52out of 100
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0
56
38
78
100

Population

1,774

Data freshness

Unknown

GDP / Output

-19.4% YoY

0

$259.2M

Output changed -19.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

56

4.7%

Unemployment is 4.7% for June 2026.

Vintage date unknown

State avg5.3%
U.S. avg5.2%

Population

-2.0% 5-year

38

1,774

Population moved -2.0% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

78

15.9%

Median rent consumes 15.9% of median household income: Affordable.

Vintage date unknown

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

Federal Funds

$14.3K per resident

100

$73.6M

$73.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$73.6M

$14.3K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Agriculture$41.7M
2. Social Security Administration$28.0M
3. Department of Veterans Affairs$2.6M

Top recipients

Dollars
1. REDACTED DUE TO PII$40.2M
2. LORENZO FARM HSG$466.2K
3. GREER FARMS LLC$325.7K

Affordable

Housing Affordability

15.9%

of median income

1BR estimate$420
2BR estimate$553
Median income$38,684
Median home value$59,200

ACS context

Quick Facts

Population

1,774

Median age

33.9

Bachelor's degree+

9.9%

Poverty rate

26.9%

Labor force participation

47.3%

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

2026-07-31

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

-0.4%

GDP CAGR

+3.9%

Federal flow

5 years

Population (5 years)
20201,810
20211,597
20221,657
20231,718
20241,774
GDP (5 years)
2020$213.6M
2021$285.5M
2022$334.3M
2023$321.5M
2024$259.2M

2-year linear forecast

Predictive Outlook

Population forecast

20241,774
20251,726 *
20261,731 *

R² = 0.8% · * projected

GDP forecast

2024$259.2M
2025$321.0M *
2026$333.7M *

R² = 17.0% · * 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$38,684/yr
Median rent$512/mo
Rent share of income15.9%
Est. mortgage (30yr, 6.5%)$3,592/yr
Mortgage share of income9.3%

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

employment snapshot

Job Market

Unemployment rate4.7%
State avg5.3%
U.S. avg5.2%
Labor force participation47.3%
Poverty rate26.9%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$59,200
Median monthly rent$512
Price-to-rent ratio9.6x

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

composite score

Investment Climate

Investment climateModerate
Composite score35/100
Economic growth0/100
Labor market56/100
Population momentum38/100
Overall stability52/100

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

Location Context

Crosbyton city, Texas

City/Town

Part of

Lubbock, TX

Nearby locations

Ralls, TXLorenzo, TXDickens, TXFloydada, TXSpur, TX