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EconPulse

Local economy signal dashboard

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PLACEThriving

Dresden, NY

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 score70out of 100
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50
100
0
83
97

Population

272

Data freshness

Unknown

GDP / Output

+1.5% YoY

50

$1.3B

Output changed +1.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.8%

Unemployment is 0.8% for Latest available.

Vintage date unknown

State avg4.4%
U.S. avg4.1%

Population

-13.4% 5-year

0

272

Population moved -13.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

83

12.2%

Median rent consumes 12.2% 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

$7.7K per resident

97

$191.5M

$191.5M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$262.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$191.5M

$7.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$151.7M
2. Department of Veterans Affairs$12.1M
3. Department of Transportation$10.6M

Top recipients

Dollars
1. DEPARTMENT OF TRANSPORTATION NEW YORK$9.7M
2. FINGER LAKES COMMUNITY HEALTH, INC$6.3M
3. KEUKA COLLEGE$4.4M

Affordable

Housing Affordability

12.2%

of median income

1BR estimate$589
2BR estimate$775
Median income$70,729
Median home value$110,800

ACS context

Quick Facts

Population

272

Median age

39.3

Bachelor's degree+

19.6%

Poverty rate

25.0%

Labor force participation

51.9%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-15

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

-2.8%

GDP CAGR

+5.7%

Federal flow

5 years

Population (5 years)
2020314
2021308
2022433
2023318
2024272
GDP (5 years)
2020$1.0B
2021$1.2B
2022$1.3B
2023$1.3B
2024$1.3B

2-year linear forecast

Predictive Outlook

Population forecast

2024272
2025307 *
2026299 *

R² = 3.7% · * projected

GDP forecast

2024$1.3B
2025$1.5B *
2026$1.5B *

R² = 84.1% · * 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$70,729/yr
Median rent$718/mo
Rent share of income12.2%
Est. mortgage (30yr, 6.5%)$6,723/yr
Mortgage share of income9.5%

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

employment snapshot

Job Market

Unemployment rate0.8%
State avg4.4%
U.S. avg4.1%
Labor force participation51.9%
Poverty rate25.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$110,800
Median monthly rent$718
Price-to-rent ratio12.9x

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

composite score

Investment Climate

Investment climateModerate
Composite score58/100
Economic growth50/100
Labor market100/100
Population momentum0/100
Overall stability70/100

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

Location Context

Dresden village, New York

City/Town

Part of

New York State

Nearby locations

Penn Yan, NYOvid, NYRomulus, NYLodi, NYKeuka Park, NY