Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Hooks, TX

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score53out of 100
Compare
81
39
0
61
100

Population

2,299

Data freshness

Unknown

GDP / Output

+6.0% YoY

81

$5.2B

Output changed +6.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

39

5.8%

Unemployment is 5.8% for Latest available.

Vintage date unknown

State avg5.3%
U.S. avg5.2%

Population

-15.8% 5-year

0

2,299

Population moved -15.8% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

61

27.9%

Median rent consumes 27.9% of median household income: Affordable.

Vintage date unknown

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

Federal Funds

$11.9K per resident

100

$1.1B

$1.1B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.1B

$11.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$447.6M
2. Department of Defense$327.0M
3. Department of Energy$125.8M

Top recipients

Dollars
1. TERRAVOLTA RESOURCES LLC$125.8M
2. AMENTUM SERVICES, INC.$101.4M
3. DAY & ZIMMERMANN LONE STAR LLC$101.0M

Affordable

Housing Affordability

27.9%

of median income

1BR estimate$829
2BR estimate$1,092
Median income$43,555
Median home value$69,800

ACS context

Quick Facts

Population

2,299

Median age

34.7

Bachelor's degree+

13.5%

Poverty rate

25.2%

Labor force participation

60.4%

Prime rate

7.0%

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

2026-09-17

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

-3.4%

GDP CAGR

+6.2%

Federal flow

5 years

Population (5 years)
20202,731
20212,553
20222,400
20232,304
20242,299
GDP (5 years)
2020$3.9B
2021$4.2B
2022$4.5B
2023$4.9B
2024$5.2B

2-year linear forecast

Predictive Outlook

Population forecast

20242,299
20252,124 *
20262,012 *

R² = 91.1% · * projected

GDP forecast

2024$5.2B
2025$5.6B *
2026$5.9B *

R² = 99.9% · * 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$43,555/yr
Median rent$1,011/mo
Rent share of income27.9%
Est. mortgage (30yr, 6.5%)$4,235/yr
Mortgage share of income9.7%

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

employment snapshot

Job Market

Unemployment rate5.8%
State avg5.3%
U.S. avg5.2%
Labor force participation60.4%
Poverty rate25.2%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$69,800
Median monthly rent$1,011
Price-to-rent ratio5.8x

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

composite score

Investment Climate

Investment climateModerate
Composite score47/100
Economic growth81/100
Labor market39/100
Population momentum0/100
Overall stability53/100

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

Location Context

Hooks city, Texas

City/Town

Part of

Texarkana, TX-AR

Nearby locations

Leary, TXRed Lick, TXNew Boston, TXRedwater, TXNash, TX