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EconPulse

Local economy signal dashboard

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PLACEStable

Hopkinsville, KY

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 score55out of 100
Compare
54
33
47
69
100

Population

30,906

Data freshness

Unknown

GDP / Output

+2.1% YoY

54

$7.9B

Output changed +2.1% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

33

6.2%

Unemployment is 6.2% for Latest available.

Vintage date unknown

State avg4.7%
U.S. avg5.2%

Population

-0.5% 5-year

47

30,906

Population moved -0.5% over the latest ACS window.

Vintage date unknown

State population4,534,824
U.S. population334,922,499

Housing

Rent share of income

69

22.0%

Median rent consumes 22.0% of median household income: Affordable.

Vintage date unknown

State rent$967
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.5K per resident

100

$617.7M

$617.7M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$173.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$617.7M

$8.5K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Defense$328.6M
2. Social Security Administration$274.1M
3. Department of Veterans Affairs$115.2M

Top recipients

Dollars
1. AMENTUM SERVICES, INC.$39.7M
2. EXECUTIVE OFFICE OF THE COMMONWEALTH OF KENTUCKY$26.2M
3. INTERNATIONAL DEVELOPMENT & RESOURCES, INC.$25.4M

Affordable

Housing Affordability

22.0%

of median income

1BR estimate$740
2BR estimate$974
Median income$49,139
Median home value$172,100

ACS context

Quick Facts

Population

30,906

Median age

34.6

Bachelor's degree+

23.3%

Poverty rate

19.3%

Labor force participation

55.3%

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

-0.1%

GDP CAGR

+4.7%

Federal flow

5 years

Population (5 years)
202031,052
202130,771
202231,042
202331,011
202430,906
GDP (5 years)
2020$6.2B
2021$6.7B
2022$7.2B
2023$7.7B
2024$7.9B

2-year linear forecast

Predictive Outlook

Population forecast

202430,906
202530,941 *
202630,936 *

R² = 0.5% · * projected

GDP forecast

2024$7.9B
2025$8.4B *
2026$8.8B *

R² = 98.0% · * 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$49,139/yr
Median rent$902/mo
Rent share of income22.0%
Est. mortgage (30yr, 6.5%)$10,443/yr
Mortgage share of income21.3%

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

employment snapshot

Job Market

Unemployment rate6.2%
State avg4.7%
U.S. avg5.2%
Labor force participation55.3%
Poverty rate19.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$172,100
Median monthly rent$902
Price-to-rent ratio15.9x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score48/100
Economic growth54/100
Labor market33/100
Population momentum47/100
Overall stability55/100

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

Location Context

Hopkinsville city, Kentucky

City/Town

Part of

Clarksville, TN-KY

Nearby locations

Pembroke, KYFairview, KYGracey, KYOak Grove, KYFort Campbell North, KY