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EconPulse

Local economy signal dashboard

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PLACEThriving

Forest Hill, TX

Thriving overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as strained for a median-income household.

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Overall score73out of 100
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83
56
100
57
100

Population

14,062

Data freshness

Unknown

GDP / Output

+6.2% YoY

83

$178.0B

Output changed +6.2% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

56

4.7%

Unemployment is 4.7% for June 2026.

Vintage date unknown

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

Population

+8.5% 5-year

100

14,062

Population moved +8.5% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

57

30.9%

Median rent consumes 30.9% of median household income: Strained.

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

$20.6K per resident

100

$43.4B

$43.4B 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

$43.4B

$20.6K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Defense$33.0B
2. Social Security Administration$7.6B
3. Department of Veterans Affairs$1.4B

Top recipients

Dollars
1. LOCKHEED MARTIN CORPORATION$30.5B
2. BELL TEXTRON INC$1.5B
3. CAE USA INC.$270.0M

Strained

Housing Affordability

30.9%

of median income

1BR estimate$1,446
2BR estimate$1,904
Median income$68,457
Median home value$187,400

ACS context

Quick Facts

Population

14,062

Median age

37.2

Bachelor's degree+

14.2%

Poverty rate

14.8%

Labor force participation

59.5%

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

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

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

+8.1%

Federal flow

5 years

Population (5 years)
202012,964
202113,797
202213,810
202313,923
202414,062
GDP (5 years)
2020$120.6B
2021$135.4B
2022$152.1B
2023$167.6B
2024$178.0B

2-year linear forecast

Predictive Outlook

Population forecast

202414,062
202514,408 *
202614,640 *

R² = 72.5% · * projected

GDP forecast

2024$178.0B
2025$194.8B *
2026$209.5B *

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$68,457/yr
Median rent$1,763/mo
Rent share of income30.9%
Est. mortgage (30yr, 6.5%)$11,371/yr
Mortgage share of income16.6%

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

employment snapshot

Job Market

Unemployment rate4.7%
State avg5.3%
U.S. avg5.2%
Labor force participation59.5%
Poverty rate14.8%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$187,400
Median monthly rent$1,763
Price-to-rent ratio8.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score77/100
Economic growth83/100
Labor market56/100
Population momentum100/100
Overall stability73/100

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

Location Context

Forest Hill city, Texas

City/Town

Part of

Dallas-Fort Worth-Arlington, TX

Nearby locations

Everman, TXKennedale, TXEdgecliff Village, TXRendon, TXDalworthington Gardens, TX