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EconPulse

Local economy signal dashboard

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PLACEStable

Hopwood, PA

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 score50out of 100
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45
51
0
62
100

Population

1,767

Data freshness

Unknown

GDP / Output

+0.9% YoY

45

$5.4B

Output changed +0.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

51

5.0%

Unemployment is 5.0% for June 2026.

Vintage date unknown

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

Population

-10.4% 5-year

0

1,767

Population moved -10.4% over the latest ACS window.

Vintage date unknown

State population13,018,639
U.S. population334,922,499

Housing

Rent share of income

62

26.9%

Median rent consumes 26.9% of median household income: Affordable.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.4K per resident

100

$1.1B

$1.1B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$281.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.1B

$8.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$823.3M
2. Department of Veterans Affairs$83.8M
3. Department of Transportation$55.1M

Top recipients

Dollars
1. PENNSYLVANIA DEPARTMENT OF TRANSPORTATION$54.2M
2. ADVANCED ACOUSTIC CONCEPTS, LLC$21.2M
3. FAYETTE COUNTY HOUSING AUTHORITY$17.4M

Affordable

Housing Affordability

26.9%

of median income

1BR estimate$816
2BR estimate$1,075
Median income$44,321
Median home value$190,600

ACS context

Quick Facts

Population

1,767

Median age

56.6

Bachelor's degree+

21.9%

Poverty rate

11.3%

Labor force participation

55.1%

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

2026-07-31

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

-2.2%

GDP CAGR

+4.1%

Federal flow

5 years

Population (5 years)
20201,973
20211,966
20221,611
20231,628
20241,767
GDP (5 years)
2020$4.4B
2021$4.5B
2022$5.0B
2023$5.4B
2024$5.4B

2-year linear forecast

Predictive Outlook

Population forecast

20241,767
20251,564 *
20261,489 *

R² = 45.6% · * projected

GDP forecast

2024$5.4B
2025$5.8B *
2026$6.1B *

R² = 94.2% · * 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$44,321/yr
Median rent$995/mo
Rent share of income26.9%
Est. mortgage (30yr, 6.5%)$11,565/yr
Mortgage share of income26.1%

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

employment snapshot

Job Market

Unemployment rate5.0%
State avg5.3%
U.S. avg5.2%
Labor force participation55.1%
Poverty rate11.3%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$190,600
Median monthly rent$995
Price-to-rent ratio16.0x

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

composite score

Investment Climate

Investment climateModerate
Composite score39/100
Economic growth45/100
Labor market51/100
Population momentum0/100
Overall stability50/100

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

Location Context

Hopwood CDP, Pennsylvania

City/Town

Part of

Pittsburgh, PA

Nearby locations

East Uniontown, PALeith-Hatfield, PAUniontown, PASouth Uniontown, PAOliver, PA