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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Elmo, TX

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

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Overall score56out of 100
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98
47
0
NA
85

Population

1,379

Data freshness

Unknown

GDP / Output

+8.5% YoY

98

$7.0B

Output changed +8.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

47

4.9%

Unemployment is 4.9% for July 2026.

Vintage date unknown

State avg4.5%
U.S. avg4.1%

Population

-20.2% 5-year

0

1,379

Population moved -20.2% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

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

$6.2K per resident

85

$900.8M

$900.8M 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

$900.8M

$6.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$622.1M
2. Department of Veterans Affairs$187.8M
3. Department of Health and Human Services$50.8M

Top recipients

Dollars
1. HEAD START OF GREATER DALLAS INC$43.0M
2. TEXAS DEPARTMENT OF TRANSPORTATION$18.0M
3. CITY OF TERRELL$7.6M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median incomeUnavailable
Median home value$199,200

ACS context

Quick Facts

Population

1,379

Median age

29.5

Bachelor's degree+

8.2%

Poverty rate

0.5%

Labor force participation

66.5%

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

July 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-09

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

-4.4%

GDP CAGR

+10.3%

Federal flow

5 years

Population (5 years)
20201,729
20211,065
20221,002
20231,377
20241,379
GDP (5 years)
2020$4.3B
2021$5.0B
2022$5.8B
2023$6.4B
2024$7.0B

2-year linear forecast

Predictive Outlook

Population forecast

20241,379
20251,194 *
20261,155 *

R² = 4.4% · * projected

GDP forecast

2024$7.0B
2025$7.7B *
2026$8.4B *

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 + income analysis

Cost of Living

Income and housing cost data unavailable for this geography.

employment snapshot

Job Market

Unemployment rate4.9%
State avg4.5%
U.S. avg4.1%
Labor force participation66.5%
Poverty rate0.5%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$199,200

composite score

Investment Climate

Investment climateModerate
Composite score55/100
Economic growth98/100
Labor market47/100
Population momentum0/100
Overall stability56/100

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

Location Context

Elmo CDP, Texas

City/Town

Part of

Dallas-Fort Worth-Arlington, TX

Nearby locations

Terrell, TXWills Point, TXPoetry, TXOak Ridge, TXHawk Cove, TX