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EconPulse

Local economy signal dashboard

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PLACEThriving

Galt, IL

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

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Overall score71out of 100
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73
59
76
NA
96

Population

213

Data freshness

Unknown

GDP / Output

+4.9% YoY

73

$3.0B

Output changed +4.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

59

4.5%

Unemployment is 4.5% for June 2026.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

+4.4% 5-year

76

213

Population moved +4.4% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.6K per resident

96

$423.6M

$423.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$423.6M

$7.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$336.1M
2. Department of Transportation$28.5M
3. Department of Veterans Affairs$24.7M

Top recipients

Dollars
1. ILLINOIS DEPARTMENT OF TRANSPORTATION$28.5M
2. REDACTED DUE TO PII$17.2M
3. TRI-COUNTY OPPORTUNITIES COUNCIL$4.8M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$112,569
Median home valueUnavailable

ACS context

Quick Facts

Population

213

Median age

69.0

Bachelor's degree+

37.0%

Poverty rate

4.2%

Labor force participation

67.1%

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

+0.9%

GDP CAGR

+6.5%

Federal flow

5 years

Population (5 years)
2020204
2021222
2022114
2023163
2024213
GDP (5 years)
2020$2.2B
2021$2.4B
2022$2.7B
2023$2.8B
2024$3.0B

2-year linear forecast

Predictive Outlook

Population forecast

2024213
2025171 *
2026167 *

R² = 2.1% · * projected

GDP forecast

2024$3.0B
2025$3.2B *
2026$3.4B *

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$112,569/yr

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

employment snapshot

Job Market

Unemployment rate4.5%
State avg5.1%
U.S. avg5.2%
Labor force participation67.1%
Poverty rate4.2%

Data from BLS LAUS / CPS. June 2026.

valuation indicators

Real Estate

Home value and rent data unavailable for this geography.

composite score

Investment Climate

Investment climateStrong
Composite score70/100
Economic growth73/100
Labor market59/100
Population momentum76/100
Overall stability71/100

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

Location Context

Galt CDP, Illinois

City/Town

Part of

Sterling, IL

Nearby locations

Como, ILSterling, ILRock Falls, ILNelson, ILColeta, IL