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EconPulse

Local economy signal dashboard

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PLACEStable

Holly Springs, MS

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 score47out of 100
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69
18
0
71
100

Population

6,704

Data freshness

Unknown

GDP / Output

+4.3% YoY

69

$1.2B

Output changed +4.3% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

18

7.2%

Unemployment is 7.2% for Latest available.

Vintage date unknown

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

Population

-13.2% 5-year

0

6,704

Population moved -13.2% over the latest ACS window.

Vintage date unknown

State population2,946,779
U.S. population334,922,499

Housing

Rent share of income

71

20.4%

Median rent consumes 20.4% of median household income: Affordable.

Vintage date unknown

State rent$954
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

$332.4M

$332.4M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$38.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$332.4M

$9.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$204.0M
2. Department of Health and Human Services$43.7M
3. Department of Transportation$25.5M

Top recipients

Dollars
1. INSTITUTE OF COMMUNITY SERVICES INC$41.2M
2. MISSISSIPPI DEPARTMENT OF TRANSPORTATION$25.5M
3. CITE ARMORED, INC.$18.7M

Affordable

Housing Affordability

20.4%

of median income

1BR estimate$634
2BR estimate$835
Median income$45,462
Median home value$109,600

ACS context

Quick Facts

Population

6,704

Median age

41.3

Bachelor's degree+

13.8%

Poverty rate

31.1%

Labor force participation

47.6%

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

-2.8%

GDP CAGR

+6.8%

Federal flow

5 years

Population (5 years)
20207,727
20216,743
20226,942
20236,861
20246,704
GDP (5 years)
2020$868.1M
2021$930.7M
2022$1.0B
2023$1.2B
2024$1.2B

2-year linear forecast

Predictive Outlook

Population forecast

20246,704
20256,417 *
20266,224 *

R² = 52.7% · * projected

GDP forecast

2024$1.2B
2025$1.3B *
2026$1.4B *

R² = 98.2% · * 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$45,462/yr
Median rent$773/mo
Rent share of income20.4%
Est. mortgage (30yr, 6.5%)$6,650/yr
Mortgage share of income14.6%

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

employment snapshot

Job Market

Unemployment rate7.2%
State avg5.8%
U.S. avg5.2%
Labor force participation47.6%
Poverty rate31.1%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$109,600
Median monthly rent$773
Price-to-rent ratio11.8x

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

composite score

Investment Climate

Investment climateModerate
Composite score37/100
Economic growth69/100
Labor market18/100
Population momentum0/100
Overall stability47/100

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

Location Context

Holly Springs city, Mississippi

City/Town

Part of

Memphis, TN-MS-AR

Nearby locations

Red Banks, MSWaterford, MSVictoria, MSPotts Camp, MSLamar, MS