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EconPulse

Local economy signal dashboard

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PLACEThriving

Eagle Grove, IA

Thriving overall. GDP / Output is the clearest support signal, while housing needs the most attention. Housing reads as affordable for a median-income household.

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Overall score84out of 100
Compare
100
78
82
73
97

Population

3,593

Data freshness

Unknown

GDP / Output

+19.5% YoY

100

$1.2B

Output changed +19.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

78

2.9%

Unemployment is 2.9% for June 2026.

Vintage date unknown

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

Population

+5.4% 5-year

82

3,593

Population moved +5.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

73

18.9%

Median rent consumes 18.9% 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

$7.8K per resident

97

$100.6M

$100.6M 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

$100.6M

$7.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$70.4M
2. Department of Agriculture$18.6M
3. Department of Veterans Affairs$5.0M

Top recipients

Dollars
1. REDACTED DUE TO PII$18.5M
2. IOWA DEPARTMENT OF TRANSPORTATION$4.3M
3. WRIGHT COUNTY HOUSING, INC.$58.9K

Affordable

Housing Affordability

18.9%

of median income

1BR estimate$817
2BR estimate$1,076
Median income$63,125
Median home value$104,600

ACS context

Quick Facts

Population

3,593

Median age

32.5

Bachelor's degree+

21.2%

Poverty rate

30.2%

Labor force participation

61.6%

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

+1.1%

GDP CAGR

+13.5%

Federal flow

5 years

Population (5 years)
20203,410
20213,597
20223,589
20233,588
20243,593
GDP (5 years)
2020$661.4M
2021$823.4M
2022$1.1B
2023$1.0B
2024$1.2B

2-year linear forecast

Predictive Outlook

Population forecast

20243,593
20253,663 *
20263,698 *

R² = 48.1% · * projected

GDP forecast

2024$1.2B
2025$1.4B *
2026$1.5B *

R² = 91.8% · * 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$63,125/yr
Median rent$996/mo
Rent share of income18.9%
Est. mortgage (30yr, 6.5%)$6,347/yr
Mortgage share of income10.1%

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

employment snapshot

Job Market

Unemployment rate2.9%
State avg3.2%
U.S. avg4.2%
Labor force participation61.6%
Poverty rate30.2%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$104,600
Median monthly rent$996
Price-to-rent ratio8.8x

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

composite score

Investment Climate

Investment climateStrong
Composite score87/100
Economic growth100/100
Labor market78/100
Population momentum82/100
Overall stability84/100

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

Location Context

Eagle Grove city, Iowa

City/Town

Part of

Iowa

Nearby locations

Goldfield, IAWoolstock, IAThor, IAVincent, IAClarion, IA