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EconPulse

Local economy signal dashboard

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PLACEThriving

Ellettsville, IN

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 score83out of 100
Compare
74
100
54
84
92

Population

6,698

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$9.3B

Output changed +5.0% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

100

1.3%

Unemployment is 1.3% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

+0.7% 5-year

54

6,698

Population moved +0.7% over the latest ACS window.

Vintage date unknown

State population6,851,073
U.S. population334,922,499

Housing

Rent share of income

84

11.4%

Median rent consumes 11.4% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.2K per resident

92

$1.0B

$1.0B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$207.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.0B

$7.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$585.1M
2. Department of Energy$108.0M
3. Department of Education$57.2M

Top recipients

Dollars
1. HOOSIER ENERGY RURAL ELECTRIC COOPERATIVE INC$117.2M
2. TRUSTEES OF INDIANA UNIVERSITY$104.3M
3. TRUSTEES OF INDIANA UNIVERSITY$50.7M

Affordable

Housing Affordability

11.4%

of median income

1BR estimate$701
2BR estimate$923
Median income$90,213
Median home value$243,600

ACS context

Quick Facts

Population

6,698

Median age

34.5

Bachelor's degree+

36.3%

Poverty rate

5.9%

Labor force participation

70.9%

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

+0.1%

GDP CAGR

+5.2%

Federal flow

5 years

Population (5 years)
20206,650
20216,559
20226,653
20236,653
20246,698
GDP (5 years)
2020$7.3B
2021$7.7B
2022$8.3B
2023$8.9B
2024$9.3B

2-year linear forecast

Predictive Outlook

Population forecast

20246,698
20256,700 *
20266,719 *

R² = 34.9% · * projected

GDP forecast

2024$9.3B
2025$9.9B *
2026$10.5B *

R² = 99.5% · * 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$90,213/yr
Median rent$855/mo
Rent share of income11.4%
Est. mortgage (30yr, 6.5%)$14,781/yr
Mortgage share of income16.4%

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

employment snapshot

Job Market

Unemployment rate1.3%
State avg4.3%
U.S. avg5.2%
Labor force participation70.9%
Poverty rate5.9%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$243,600
Median monthly rent$855
Price-to-rent ratio23.7x

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

composite score

Investment Climate

Investment climateStrong
Composite score79/100
Economic growth74/100
Labor market100/100
Population momentum54/100
Overall stability83/100

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

Location Context

Ellettsville town, Indiana

City/Town

Part of

Bloomington, IN

Nearby locations

Stinesville, INBloomington, INGosport, INSpencer, INStanford, IN