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EconPulse

Local economy signal dashboard

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PLACEThriving

Grantsville, UT

Thriving overall. GDP / Output 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 score86out of 100
Compare
100
77
100
81
79

Population

14,341

Data freshness

Unknown

GDP / Output

+12.1% YoY

100

$3.2B

Output changed +12.1% in 2024.

Vintage date unknown

State growth5.7%
U.S. growth5.3%

Jobs

Unemployment rate

77

2.9%

Unemployment is 2.9% for Latest available.

Vintage date unknown

State avg3.6%
U.S. avg4.1%

Population

+24.8% 5-year

100

14,341

Population moved +24.8% over the latest ACS window.

Vintage date unknown

State population3,392,331
U.S. population334,922,499

Housing

Rent share of income

81

13.8%

Median rent consumes 13.8% of median household income: Affordable.

Vintage date unknown

State rent$1.5K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$5.6K per resident

79

$403.8M

$403.8M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$29.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$403.8M

$5.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$230.4M
2. Department of Defense$84.1M
3. Department of Veterans Affairs$49.4M

Top recipients

Dollars
1. UTAH DEPARTMENT OF TRANSPORTATION$21.4M
2. AMENTUM TECHNOLOGY, INC.$19.4M
3. DPG SERVICES JV LLP$16.2M

Affordable

Housing Affordability

13.8%

of median income

1BR estimate$956
2BR estimate$1,259
Median income$101,349
Median home value$488,200

ACS context

Quick Facts

Population

14,341

Median age

30.6

Bachelor's degree+

21.3%

Poverty rate

5.9%

Labor force participation

72.5%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-15

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

+4.5%

GDP CAGR

+9.3%

Federal flow

5 years

Population (5 years)
202011,488
202112,331
202212,939
202313,637
202414,341
GDP (5 years)
2020$2.1B
2021$2.4B
2022$2.7B
2023$2.9B
2024$3.2B

2-year linear forecast

Predictive Outlook

Population forecast

202414,341
202515,051 *
202615,752 *

R² = 99.8% · * projected

GDP forecast

2024$3.2B
2025$3.5B *
2026$3.8B *

R² = 99.0% · * 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$101,349/yr
Median rent$1,166/mo
Rent share of income13.8%
Est. mortgage (30yr, 6.5%)$29,623/yr
Mortgage share of income29.2%

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

employment snapshot

Job Market

Unemployment rate2.9%
State avg3.6%
U.S. avg4.1%
Labor force participation72.5%
Poverty rate5.9%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$488,200
Median monthly rent$1,166
Price-to-rent ratio34.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score91/100
Economic growth100/100
Labor market77/100
Population momentum100/100
Overall stability86/100

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

Location Context

Grantsville city, Utah

City/Town

Part of

Salt Lake City-Murray, UT

Nearby locations

Erda, UTStansbury Park, UTTooele, UTLake Point, UTStockton, UT