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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Hillsdale, IL

Stable 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 score43out of 100
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57
0
0
85
100

Population

451

Data freshness

Unknown

GDP / Output

+2.5% YoY

57

$12.6B

Output changed +2.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

12.9%

Unemployment is 12.9% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

-15.1% 5-year

0

451

Population moved -15.1% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

85

11.0%

Median rent consumes 11.0% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$24.5K per resident

100

$3.5B

$3.5B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$3.5B

$24.5K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Health and Human Services$2.4B
2. Social Security Administration$756.4M
3. Department of Defense$198.7M

Top recipients

Dollars
1. VISTA DEFENSE TECHNOLOGIES, LLC$44.7M
2. ILLINOIS DEPARTMENT OF TRANSPORTATION$25.5M
3. TUNISTA LOGISTICS SOLUTIONS, LLC$24.5M

Affordable

Housing Affordability

11.0%

of median income

1BR estimate$651
2BR estimate$858
Median income$86,250
Median home value$99,200

ACS context

Quick Facts

Population

451

Median age

45.4

Bachelor's degree+

12.4%

Poverty rate

10.0%

Labor force participation

63.8%

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

-3.2%

GDP CAGR

+4.0%

Federal flow

5 years

Population (5 years)
2020531
2021532
2022552
2023489
2024451
GDP (5 years)
2020$10.4B
2021$11.0B
2022$11.9B
2023$12.3B
2024$12.6B

2-year linear forecast

Predictive Outlook

Population forecast

2024451
2025450 *
2026430 *

R² = 62.4% · * projected

GDP forecast

2024$12.6B
2025$13.4B *
2026$13.9B *

R² = 96.8% · * 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$86,250/yr
Median rent$794/mo
Rent share of income11.0%
Est. mortgage (30yr, 6.5%)$6,019/yr
Mortgage share of income7.0%

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

employment snapshot

Job Market

Unemployment rate12.9%
State avg5.1%
U.S. avg5.2%
Labor force participation63.8%
Poverty rate10.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$99,200
Median monthly rent$794
Price-to-rent ratio10.4x

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

composite score

Investment Climate

Investment climateWeak
Composite score28/100
Economic growth57/100
Labor market0/100
Population momentum0/100
Overall stability43/100

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

Location Context

Hillsdale village, Illinois

City/Town

Part of

Davenport-Moline-Rock Island, IA-IL

Nearby locations

Joslin, ILErie, ILPort Byron, ILRapids City, ILCordova, IL