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EconPulse

Local economy signal dashboard

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PLACEStable

Evarts, KY

Stable overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score39out of 100
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59
0
5
67
100

Population

648

Data freshness

Unknown

GDP / Output

+2.9% YoY

59

$759.8M

Output changed +2.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

14.4%

Unemployment is 14.4% for Latest available.

Vintage date unknown

State avg4.7%
U.S. avg5.2%

Population

-7.6% 5-year

5

648

Population moved -7.6% over the latest ACS window.

Vintage date unknown

State population4,534,824
U.S. population334,922,499

Housing

Rent share of income

67

23.7%

Median rent consumes 23.7% of median household income: Affordable.

Vintage date unknown

State rent$967
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.3K per resident

100

$223.1M

$223.1M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$173.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$223.1M

$8.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$176.5M
2. Department of Veterans Affairs$17.7M
3. Department of Education$9.2M

Top recipients

Dollars
1. KENTUCKY COMMUNITY AND TECHNICAL COLLEGE SYSTEM$9.2M
2. EXECUTIVE OFFICE OF THE COMMONWEALTH OF KENTUCKY$7.6M
3. KENTUCKY DEPARTMENT OF MILITARY AFFAIRS$5.1M

Affordable

Housing Affordability

23.7%

of median income

1BR estimate$552
2BR estimate$727
Median income$34,007
Median home value$71,400

ACS context

Quick Facts

Population

648

Median age

40.4

Bachelor's degree+

10.9%

Poverty rate

35.4%

Labor force participation

40.5%

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

-1.6%

GDP CAGR

+8.0%

Federal flow

5 years

Population (5 years)
2020701
2021798
2022874
2023804
2024648
GDP (5 years)
2020$516.1M
2021$570.7M
2022$663.8M
2023$738.4M
2024$759.8M

2-year linear forecast

Predictive Outlook

Population forecast

2024648
2025735 *
2026725 *

R² = 3.1% · * projected

GDP forecast

2024$759.8M
2025$846.3M *
2026$911.8M *

R² = 96.9% · * 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$34,007/yr
Median rent$673/mo
Rent share of income23.7%
Est. mortgage (30yr, 6.5%)$4,332/yr
Mortgage share of income12.7%

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

employment snapshot

Job Market

Unemployment rate14.4%
State avg4.7%
U.S. avg5.2%
Labor force participation40.5%
Poverty rate35.4%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$71,400
Median monthly rent$673
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 climateWeak
Composite score28/100
Economic growth59/100
Labor market0/100
Population momentum5/100
Overall stability39/100

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

Location Context

Evarts city, Kentucky

City/Town

Part of

Kentucky

Nearby locations

Kenvir, KYAges, KYCoxton, KYCawood, KYHarlan, KY