Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Garnett, KS

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

Post on XLinkedIn
Overall score63out of 100
Compare
50
60
42
76
100

Population

3,202

Data freshness

Unknown

GDP / Output

+1.6% YoY

50

$500.5M

Output changed +1.6% in 2024.

Vintage date unknown

State growth2.5%
U.S. growth5.3%

Jobs

Unemployment rate

60

4.4%

Unemployment is 4.4% for June 2026.

Vintage date unknown

State avg3.9%
U.S. avg5.2%

Population

-1.3% 5-year

42

3,202

Population moved -1.3% over the latest ACS window.

Vintage date unknown

State population2,947,197
U.S. population334,922,499

Housing

Rent share of income

76

17.1%

Median rent consumes 17.1% 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

$8.3K per resident

100

$65.0M

$65.0M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$31.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$65.0M

$8.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$42.5M
2. Department of Agriculture$12.5M
3. Department of Transportation$5.2M

Top recipients

Dollars
1. REDACTED DUE TO PII$12.3M
2. KANSAS DEPARTMENT OF TRANSPORTATION$4.6M
3. CITY OF GARNETT$668.2K

Affordable

Housing Affordability

17.1%

of median income

1BR estimate$762
2BR estimate$1,003
Median income$65,230
Median home value$149,100

ACS context

Quick Facts

Population

3,202

Median age

34.6

Bachelor's degree+

12.1%

Poverty rate

6.0%

Labor force participation

55.8%

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

-0.3%

GDP CAGR

+9.4%

Federal flow

5 years

Population (5 years)
20203,245
20213,219
20223,219
20233,200
20243,202
GDP (5 years)
2020$319.7M
2021$465.1M
2022$461.0M
2023$492.7M
2024$500.5M

2-year linear forecast

Predictive Outlook

Population forecast

20243,202
20253,186 *
20263,175 *

R² = 84.4% · * projected

GDP forecast

2024$500.5M
2025$564.5M *
2026$603.5M *

R² = 69.9% · * 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$65,230/yr
Median rent$929/mo
Rent share of income17.1%
Est. mortgage (30yr, 6.5%)$9,047/yr
Mortgage share of income13.9%

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

employment snapshot

Job Market

Unemployment rate4.4%
State avg3.9%
U.S. avg5.2%
Labor force participation55.8%
Poverty rate6.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$149,100
Median monthly rent$929
Price-to-rent ratio13.4x

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

composite score

Investment Climate

Investment climateModerate
Composite score54/100
Economic growth50/100
Labor market60/100
Population momentum42/100
Overall stability63/100

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

Location Context

Garnett city, Kansas

City/Town

Part of

Kansas

Nearby locations

Richmond, KSMont Ida, KSWelda, KSGreeley, KSHarris, KS