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EconPulse

Local economy signal dashboard

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PLACEThriving

Hartsville, IN

Thriving overall. Federal Funds 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 score71out of 100
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91
80
0
75
100

Population

277

Data freshness

Unknown

GDP / Output

+7.5% YoY

91

$9.3B

Output changed +7.5% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

80

3.1%

Unemployment is 3.1% for Latest available.

Vintage date unknown

State avg3.3%
U.S. avg5.2%

Population

-33.4% 5-year

0

277

Population moved -33.4% over the latest ACS window.

Vintage date unknown

State population6,851,073
U.S. population334,922,499

Housing

Rent share of income

75

18.1%

Median rent consumes 18.1% 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

$9.8K per resident

100

$804.9M

$804.9M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$207.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$804.9M

$9.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$435.1M
2. Department of Defense$154.5M
3. Department of Energy$74.9M

Top recipients

Dollars
1. CUMMINS INC.$154.5M
2. CUMMINS ELECTRIFIED POWER NA INC.$74.9M
3. CITY OF COLUMBUS$18.2M

Affordable

Housing Affordability

18.1%

of median income

1BR estimate$797
2BR estimate$1,050
Median income$64,375
Median home value$147,300

ACS context

Quick Facts

Population

277

Median age

33.5

Bachelor's degree+

14.9%

Poverty rate

7.2%

Labor force participation

68.2%

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

-7.8%

GDP CAGR

+6.7%

Federal flow

5 years

Population (5 years)
2020416
2021318
2022289
2023281
2024277
GDP (5 years)
2020$6.7B
2021$7.1B
2022$7.7B
2023$8.6B
2024$9.3B

2-year linear forecast

Predictive Outlook

Population forecast

2024277
2025222 *
2026190 *

R² = 73.6% · * projected

GDP forecast

2024$9.3B
2025$9.9B *
2026$10.6B *

R² = 97.8% · * 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$64,375/yr
Median rent$972/mo
Rent share of income18.1%
Est. mortgage (30yr, 6.5%)$8,938/yr
Mortgage share of income13.9%

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

employment snapshot

Job Market

Unemployment rate3.1%
State avg3.3%
U.S. avg5.2%
Labor force participation68.2%
Poverty rate7.2%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$147,300
Median monthly rent$972
Price-to-rent ratio12.6x

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

composite score

Investment Climate

Investment climateModerate
Composite score65/100
Economic growth91/100
Labor market80/100
Population momentum0/100
Overall stability71/100

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

Location Context

Hartsville town, Indiana

City/Town

Part of

Columbus, IN

Nearby locations

Schaefer Lake, INNewbern, INHope, INBurney, INPetersville, IN