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EconPulse

Local economy signal dashboard

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PLACEThriving

Greenwood, LA

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

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Overall score77out of 100
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47
100
41
87
92

Population

3,110

Data freshness

Unknown

GDP / Output

+1.2% YoY

47

$17.9B

Output changed +1.2% in 2024.

Vintage date unknown

State growth3.5%
U.S. growth5.3%

Jobs

Unemployment rate

100

1.3%

Unemployment is 1.3% for Latest available.

Vintage date unknown

State avg4.4%
U.S. avg5.2%

Population

-1.4% 5-year

41

3,110

Population moved -1.4% over the latest ACS window.

Vintage date unknown

State population4,611,961
U.S. population334,922,499

Housing

Rent share of income

87

9.1%

Median rent consumes 9.1% 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

$7.1K per resident

92

$1.7B

$1.7B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$59.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.7B

$7.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.2B
2. Department of Veterans Affairs$218.5M
3. Department of Transportation$59.8M

Top recipients

Dollars
1. TRANSPORTATION & DEVELOPMENT LOUISIANA D$46.7M
2. SHREVEPORT HOUSING AUTHORITY$29.4M
3. STEPHENSON STELLAR CORPORATION$26.9M

Affordable

Housing Affordability

9.1%

of median income

1BR estimate$398
2BR estimate$524
Median income$64,063
Median home value$241,600

ACS context

Quick Facts

Population

3,110

Median age

53.5

Bachelor's degree+

25.0%

Poverty rate

3.7%

Labor force participation

50.6%

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

2026-07-31

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

-0.3%

GDP CAGR

+7.1%

Federal flow

5 years

Population (5 years)
20203,155
20213,155
20223,149
20233,123
20243,110
GDP (5 years)
2020$12.7B
2021$15.0B
2022$17.3B
2023$17.7B
2024$17.9B

2-year linear forecast

Predictive Outlook

Population forecast

20243,110
20253,102 *
20263,090 *

R² = 87.2% · * projected

GDP forecast

2024$17.9B
2025$20.1B *
2026$21.4B *

R² = 86.4% · * 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$64,063/yr
Median rent$485/mo
Rent share of income9.1%
Est. mortgage (30yr, 6.5%)$14,660/yr
Mortgage share of income22.9%

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

employment snapshot

Job Market

Unemployment rate1.3%
State avg4.4%
U.S. avg5.2%
Labor force participation50.6%
Poverty rate3.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$241,600
Median monthly rent$485
Price-to-rent ratio41.5x

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

composite score

Investment Climate

Investment climateModerate
Composite score67/100
Economic growth47/100
Labor market100/100
Population momentum41/100
Overall stability77/100

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

Location Context

Greenwood town, Louisiana

City/Town

Part of

Shreveport-Bossier City, LA

Nearby locations

Waskom, TXLakeview, LAShreveport, LABlanchard, LAStonewall, LA