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EconPulse

Local economy signal dashboard

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PLACEThriving

Harker Heights, TX

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 score74out of 100
Compare
87
44
97
76
100

Population

34,128

Data freshness

Unknown

GDP / Output

+6.9% YoY

87

$26.1B

Output changed +6.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

44

5.5%

Unemployment is 5.5% for June 2026.

Vintage date unknown

State avg5.3%
U.S. avg5.2%

Population

+7.8% 5-year

97

34,128

Population moved +7.8% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

76

16.9%

Median rent consumes 16.9% of median household income: Affordable.

Vintage date unknown

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

Federal Funds

$11.9K per resident

100

$4.4B

$4.4B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$4.4B

$11.9K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Veterans Affairs$1.7B
2. Social Security Administration$1.4B
3. Department of Health and Human Services$619.7M

Top recipients

Dollars
1. KILLEEN INDEPENDENT SCHOOL DISTRICT$70.5M
2. SEDONA-NASCO JV2, LLC$43.2M
3. SAW GREENLAND, LLC$36.0M

Affordable

Housing Affordability

16.9%

of median income

1BR estimate$940
2BR estimate$1,238
Median income$81,190
Median home value$287,800

ACS context

Quick Facts

Population

34,128

Median age

33.0

Bachelor's degree+

30.2%

Poverty rate

10.2%

Labor force participation

69.5%

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

2026-07-31

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

+1.5%

GDP CAGR

+7.3%

Federal flow

5 years

Population (5 years)
202031,657
202132,320
202233,036
202333,595
202434,128
GDP (5 years)
2020$18.3B
2021$20.1B
2022$22.1B
2023$24.4B
2024$26.1B

2-year linear forecast

Predictive Outlook

Population forecast

202434,128
202534,812 *
202635,434 *

R² = 99.6% · * projected

GDP forecast

2024$26.1B
2025$28.1B *
2026$30.1B *

R² = 99.8% · * 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$81,190/yr
Median rent$1,146/mo
Rent share of income16.9%
Est. mortgage (30yr, 6.5%)$17,463/yr
Mortgage share of income21.5%

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

employment snapshot

Job Market

Unemployment rate5.5%
State avg5.3%
U.S. avg5.2%
Labor force participation69.5%
Poverty rate10.2%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$287,800
Median monthly rent$1,146
Price-to-rent ratio20.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score75/100
Economic growth87/100
Labor market44/100
Population momentum97/100
Overall stability74/100

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

Location Context

Harker Heights city, Texas

City/Town

Part of

Killeen-Temple, TX

Nearby locations

Nolanville, TXKilleen, TXBelton, TXFort Hood, TXSalado, TX