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EconPulse

Local economy signal dashboard

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PLACEThriving

Homestead, IA

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

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Overall score76out of 100
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44
79
100
NA
93

Population

252

Data freshness

Unknown

GDP / Output

+0.7% YoY

44

$1.3B

Output changed +0.7% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

79

2.8%

Unemployment is 2.8% for June 2026.

Vintage date unknown

State avg3.2%
U.S. avg4.2%

Population

+306.5% 5-year

100

252

Population moved +306.5% over the latest ACS window.

Vintage date unknown

State population3,210,507
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$972
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.2K per resident

93

$120.2M

$120.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$36.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$120.2M

$7.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$98.2M
2. Department of Agriculture$12.6M
3. Department of Veterans Affairs$7.7M

Top recipients

Dollars
1. REDACTED DUE TO PII$12.4M
2. IOWA DEPARTMENT OF TRANSPORTATION$784.0K
3. IOWA DEPARTMENT OF PUBLIC HEALTH$175.0K

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$74,886
Median home value$179,900

ACS context

Quick Facts

Population

252

Median age

32.7

Bachelor's degree+

10.9%

Poverty rate

0.0%

Labor force participation

69.5%

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

+32.4%

GDP CAGR

+4.3%

Federal flow

5 years

Population (5 years)
202062
202166
2022126
2023149
2024252
GDP (5 years)
2020$1.0B
2021$1.2B
2022$1.3B
2023$1.3B
2024$1.3B

2-year linear forecast

Predictive Outlook

Population forecast

2024252
2025270 *
2026316 *

R² = 89.4% · * projected

GDP forecast

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

R² = 73.1% · * 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$74,886/yr
Est. mortgage (30yr, 6.5%)$10,916/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 rate2.8%
State avg3.2%
U.S. avg4.2%
Labor force participation69.5%
Poverty rate0.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$179,900

composite score

Investment Climate

Investment climateStrong
Composite score72/100
Economic growth44/100
Labor market79/100
Population momentum100/100
Overall stability76/100

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

Location Context

Homestead CDP, Iowa

City/Town

Part of

Iowa

Nearby locations

Middle Amana, IAAmana, IAEast Amana, IASouth Amana, IAHigh Amana, IA