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EconPulse

Local economy signal dashboard

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PLACEThriving

Elmwood, NE

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

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Overall score74out of 100
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19
80
100
84
98

Population

774

Data freshness

Unknown

GDP / Output

-2.8% YoY

19

$1.1B

Output changed -2.8% in 2024.

Vintage date unknown

State growth3.0%
U.S. growth5.3%

Jobs

Unemployment rate

80

3.1%

Unemployment is 3.1% for June 2026.

Vintage date unknown

State avg3.0%
U.S. avg5.2%

Population

+10.4% 5-year

100

774

Population moved +10.4% over the latest ACS window.

Vintage date unknown

State population1,978,707
U.S. population334,922,499

Housing

Rent share of income

84

11.6%

Median rent consumes 11.6% 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

$7.9K per resident

98

$208.9M

$208.9M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$27.7B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$208.9M

$7.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$145.3M
2. Department of Veterans Affairs$34.4M
3. Department of Agriculture$16.1M

Top recipients

Dollars
1. REDACTED DUE TO PII$15.6M
2. NEBRASKA DEPARTMENT OF TRANSPORTATION$3.8M
3. UNITE PRIVATE NETWORKS, L.L.C.$327.9K

Affordable

Housing Affordability

11.6%

of median income

1BR estimate$609
2BR estimate$802
Median income$76,944
Median home value$194,800

ACS context

Quick Facts

Population

774

Median age

37.1

Bachelor's degree+

31.5%

Poverty rate

11.2%

Labor force participation

63.4%

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

+2.0%

GDP CAGR

+6.6%

Federal flow

5 years

Population (5 years)
2020701
2021727
2022744
2023765
2024774
GDP (5 years)
2020$832.9M
2021$989.4M
2022$1.0B
2023$1.2B
2024$1.1B

2-year linear forecast

Predictive Outlook

Population forecast

2024774
2025797 *
2026816 *

R² = 97.8% · * projected

GDP forecast

2024$1.1B
2025$1.3B *
2026$1.4B *

R² = 87.6% · * 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$76,944/yr
Median rent$743/mo
Rent share of income11.6%
Est. mortgage (30yr, 6.5%)$11,820/yr
Mortgage share of income15.4%

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

employment snapshot

Job Market

Unemployment rate3.1%
State avg3.0%
U.S. avg5.2%
Labor force participation63.4%
Poverty rate11.2%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$194,800
Median monthly rent$743
Price-to-rent ratio21.8x

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

composite score

Investment Climate

Investment climateModerate
Composite score64/100
Economic growth19/100
Labor market80/100
Population momentum100/100
Overall stability74/100

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

Location Context

Elmwood village, Nebraska

City/Town

Part of

Omaha, NE-IA

Nearby locations

Alvo, NEMurdock, NEEagle, NEWeeping Water, NEManley, NE