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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Harvey, LA

Stable 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 score64out of 100
Compare
70
59
48
59
100

Population

20,915

Data freshness

Unknown

GDP / Output

+4.5% YoY

70

$31.8B

Output changed +4.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

59

4.5%

Unemployment is 4.5% for June 2026.

Vintage date unknown

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

Population

-0.4% 5-year

48

20,915

Population moved -0.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

59

29.3%

Median rent consumes 29.3% 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

$13.5K per resident

100

$5.9B

$5.9B 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

$5.9B

$13.5K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Health and Human Services$3.0B
2. Social Security Administration$2.1B
3. Department of Veterans Affairs$197.4M

Top recipients

Dollars
1. FLUOR FEDERAL PETROLEUM OPERATIONS, LLC$170.8M
2. TRANSPORTATION & DEVELOPMENT LOUISIANA D$70.0M
3. BIRDON AMERICA INC$59.5M

Affordable

Housing Affordability

29.3%

of median income

1BR estimate$976
2BR estimate$1,285
Median income$48,774
Median home value$200,100

ACS context

Quick Facts

Population

20,915

Median age

41.6

Bachelor's degree+

19.1%

Poverty rate

25.7%

Labor force participation

62.4%

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

-0.1%

GDP CAGR

+5.8%

Federal flow

5 years

Population (5 years)
202020,992
202120,942
202221,485
202321,710
202420,915
GDP (5 years)
2020$24.1B
2021$26.8B
2022$29.0B
2023$30.5B
2024$31.8B

2-year linear forecast

Predictive Outlook

Population forecast

202420,915
202521,393 *
202621,454 *

R² = 7.1% · * projected

GDP forecast

2024$31.8B
2025$34.2B *
2026$36.1B *

R² = 97.5% · * 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$48,774/yr
Median rent$1,190/mo
Rent share of income29.3%
Est. mortgage (30yr, 6.5%)$12,142/yr
Mortgage share of income24.9%

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

employment snapshot

Job Market

Unemployment rate4.5%
State avg4.4%
U.S. avg5.2%
Labor force participation62.4%
Poverty rate25.7%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$200,100
Median monthly rent$1,190
Price-to-rent ratio14.0x

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

composite score

Investment Climate

Investment climateModerate
Composite score61/100
Economic growth70/100
Labor market59/100
Population momentum48/100
Overall stability64/100

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

Location Context

Harvey CDP, Louisiana

City/Town

Part of

New Orleans-Metairie, LA

Nearby locations

Gretna, LATimberlane, LATerrytown, LAMarrero, LAWoodmere, LA