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EconPulse

Local economy signal dashboard

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PLACEThriving

Hillsville, PA

Thriving overall. Jobs is the clearest support signal, while gdp / output needs the most attention. Housing reads as strained for a median-income household.

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Overall score73out of 100
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42
100
NA
55
96

Population

400

Data freshness

Unknown

GDP / Output

+0.5% YoY

42

$4.2B

Output changed +0.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg3.9%
U.S. avg4.1%

Population

Unavailable 5-year

NA

400

Population trend is unavailable.

Vintage date unknown

State population13,018,639
U.S. population334,922,499
Population trend temporarily unavailable.

Housing

Rent share of income

55

31.9%

Median rent consumes 31.9% of median household income: Strained.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
Population trend temporarily unavailable.

Federal Funds

$7.6K per resident

96

$652.4M

$652.4M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$281.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$652.4M

$7.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$552.0M
2. Department of Veterans Affairs$45.8M
3. Department of Housing and Urban Development$13.7M

Top recipients

Dollars
1. PENNSYLVANIA DEPARTMENT OF TRANSPORTATION$7.2M
2. HOUSING AUTHORITY OF COUNTY OF LAWRE$7.2M
3. DAIRY FARMERS OF AMERICA, INC.$5.8M

Strained

Housing Affordability

31.9%

of median income

1BR estimate$841
2BR estimate$1,107
Median income$38,571
Median home value$105,800

ACS context

Quick Facts

Population

400

Median age

48.2

Bachelor's degree+

10.6%

Poverty rate

1.5%

Labor force participation

54.8%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-15

HUD Fair Market Rent

Latest available

Data notes
  • Population trend temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

Unavailable

GDP CAGR

+4.9%

Federal flow

5 years

GDP (5 years)
2020$3.3B
2021$3.7B
2022$3.9B
2023$4.2B
2024$4.2B

2-year linear forecast

Predictive Outlook

GDP forecast

2024$4.2B
2025$4.5B *
2026$4.8B *

R² = 94.4% · * 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$38,571/yr
Median rent$1,025/mo
Rent share of income31.9%
Est. mortgage (30yr, 6.5%)$6,420/yr
Mortgage share of income16.6%

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

employment snapshot

Job Market

Unemployment rate0.0%
State avg3.9%
U.S. avg4.1%
Labor force participation54.8%
Poverty rate1.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$105,800
Median monthly rent$1,025
Price-to-rent ratio8.6x

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

composite score

Investment Climate

Investment climateStrong
Composite score70/100
Economic growth42/100
Labor market100/100
Population momentumN/A
Overall stability73/100

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

Location Context

Hillsville CDP, Pennsylvania

City/Town

Part of

Pittsburgh, PA

Nearby locations

Bessemer, PAEdinburg, PALowellville, OHMount Jackson, PANew Middletown, OH