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EconPulse

Local economy signal dashboard

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PLACEThriving

Grand Island, NE

Thriving 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 score68out of 100
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67
57
69
75
82

Population

52,884

Data freshness

Unknown

GDP / Output

+4.0% YoY

67

$5.3B

Output changed +4.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

57

4.6%

Unemployment is 4.6% for Latest available.

Vintage date unknown

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

Population

+3.2% 5-year

69

52,884

Population moved +3.2% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

75

17.8%

Median rent consumes 17.8% 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

$5.9K per resident

82

$372.3M

$372.3M 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

$372.3M

$5.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$262.6M
2. Department of Veterans Affairs$39.7M
3. Department of Agriculture$17.2M

Top recipients

Dollars
1. REDACTED DUE TO PII$17.0M
2. HORNADY MANUFACTURING COMPANY$10.5M
3. CENTRAL COMMUNITY COLLEGE$9.5M

Affordable

Housing Affordability

17.8%

of median income

1BR estimate$777
2BR estimate$1,023
Median income$63,795
Median home value$218,600

ACS context

Quick Facts

Population

52,884

Median age

34.7

Bachelor's degree+

20.9%

Poverty rate

15.2%

Labor force participation

68.3%

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

+0.6%

GDP CAGR

+7.1%

Federal flow

5 years

Population (5 years)
202051,250
202152,755
202252,822
202352,761
202452,884
GDP (5 years)
2020$3.8B
2021$4.3B
2022$4.6B
2023$5.1B
2024$5.3B

2-year linear forecast

Predictive Outlook

Population forecast

202452,884
202553,477 *
202653,804 *

R² = 55.1% · * projected

GDP forecast

2024$5.3B
2025$5.8B *
2026$6.1B *

R² = 97.4% · * 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$63,795/yr
Median rent$947/mo
Rent share of income17.8%
Est. mortgage (30yr, 6.5%)$13,264/yr
Mortgage share of income20.8%

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

employment snapshot

Job Market

Unemployment rate4.6%
State avg3.0%
U.S. avg5.2%
Labor force participation68.3%
Poverty rate15.2%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$218,600
Median monthly rent$947
Price-to-rent ratio19.2x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score65/100
Economic growth67/100
Labor market57/100
Population momentum69/100
Overall stability68/100

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

Location Context

Grand Island city, Nebraska

City/Town

Part of

Grand Island, NE

Nearby locations

Alda, NEPhillips, NEDoniphan, NESt. Libory, NEChapman, NE