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EconPulse

Local economy signal dashboard

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PLACEThriving

Elliott, MS

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 score73out of 100
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57
100
0
88
94

Population

681

Data freshness

Unknown

GDP / Output

+2.6% YoY

57

$1.2B

Output changed +2.6% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg5.8%
U.S. avg5.2%

Population

-11.3% 5-year

0

681

Population moved -11.3% over the latest ACS window.

Vintage date unknown

State population2,946,779
U.S. population334,922,499

Housing

Rent share of income

88

8.7%

Median rent consumes 8.7% of median household income: Affordable.

Vintage date unknown

State rent$954
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.3K per resident

94

$158.7M

$158.7M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$38.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$158.7M

$7.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$135.5M
2. Department of Veterans Affairs$13.3M
3. Department of the Interior$4.0M

Top recipients

Dollars
1. MISSISSIPPI BAND OF CHOCTAW INDIANS$3.8M
2. REDACTED DUE TO PII$1.8M
3. MISSISSIPPI DEPARTMENT OF TRANSPORTATION$858.4K

Affordable

Housing Affordability

8.7%

of median income

1BR estimate$344
2BR estimate$454
Median income$58,045
Median home value$89,000

ACS context

Quick Facts

Population

681

Median age

52.4

Bachelor's degree+

3.4%

Poverty rate

42.1%

Labor force participation

43.9%

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

-2.4%

GDP CAGR

+4.0%

Federal flow

5 years

Population (5 years)
2020768
2021904
2022629
2023645
2024681
GDP (5 years)
2020$968.0M
2021$1.1B
2022$1.1B
2023$1.1B
2024$1.2B

2-year linear forecast

Predictive Outlook

Population forecast

2024681
2025596 *
2026552 *

R² = 36.4% · * projected

GDP forecast

2024$1.2B
2025$1.2B *
2026$1.3B *

R² = 96.6% · * 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$58,045/yr
Median rent$420/mo
Rent share of income8.7%
Est. mortgage (30yr, 6.5%)$5,400/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 rate0.0%
State avg5.8%
U.S. avg5.2%
Labor force participation43.9%
Poverty rate42.1%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$89,000
Median monthly rent$420
Price-to-rent ratio17.7x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score60/100
Economic growth57/100
Labor market100/100
Population momentum0/100
Overall stability73/100

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

Location Context

Elliott CDP, Mississippi

City/Town

Part of

Grenada, MS

Nearby locations

Duck Hill, MSGrenada, MSHolcomb, MSWinona, MSNorth Carrollton, MS