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EconPulse

Local economy signal dashboard

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PLACEThriving

Harrod, OH

Thriving overall. Population 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 score78out of 100
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71
69
100
76
87

Population

453

Data freshness

Unknown

GDP / Output

+4.5% YoY

71

$11.2B

Output changed +4.5% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

69

3.8%

Unemployment is 3.8% for June 2026.

Vintage date unknown

State avg4.8%
U.S. avg5.2%

Population

+12.7% 5-year

100

453

Population moved +12.7% over the latest ACS window.

Vintage date unknown

State population11,810,293
U.S. population334,922,499

Housing

Rent share of income

76

17.2%

Median rent consumes 17.2% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.5K per resident

87

$668.3M

$668.3M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$668.3M

$6.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$536.4M
2. Department of Veterans Affairs$49.1M
3. Department of Housing and Urban Development$17.4M

Top recipients

Dollars
1. OHIO DEPARTMENT OF TRANSPORTATION$14.7M
2. ALLEN METROPOLITAN HOUSING AUTHORITY$10.0M
3. REDACTED DUE TO PII$9.1M

Affordable

Housing Affordability

17.2%

of median income

1BR estimate$857
2BR estimate$1,129
Median income$72,813
Median home value$103,400

ACS context

Quick Facts

Population

453

Median age

34.9

Bachelor's degree+

24.1%

Poverty rate

9.7%

Labor force participation

75.4%

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

+2.4%

GDP CAGR

+7.0%

Federal flow

5 years

Population (5 years)
2020402
2021415
2022484
2023467
2024453
GDP (5 years)
2020$7.9B
2021$9.6B
2022$10.9B
2023$10.7B
2024$11.2B

2-year linear forecast

Predictive Outlook

Population forecast

2024453
2025490 *
2026506 *

R² = 49.3% · * projected

GDP forecast

2024$11.2B
2025$12.3B *
2026$13.1B *

R² = 81.3% · * 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$72,813/yr
Median rent$1,045/mo
Rent share of income17.2%
Est. mortgage (30yr, 6.5%)$6,274/yr
Mortgage share of income8.6%

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

employment snapshot

Job Market

Unemployment rate3.8%
State avg4.8%
U.S. avg5.2%
Labor force participation75.4%
Poverty rate9.7%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$103,400
Median monthly rent$1,045
Price-to-rent ratio8.2x

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

composite score

Investment Climate

Investment climateStrong
Composite score78/100
Economic growth71/100
Labor market69/100
Population momentum100/100
Overall stability78/100

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

Location Context

Harrod village, Ohio

City/Town

Part of

Lima, OH

Nearby locations

Westminster, OHLafayette, OHAlger, OHAda, OHMcGuffey, OH