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EconPulse

Local economy signal dashboard

Saved
PLACEStrained

Indianola, MS

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

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Overall score32out of 100
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0
0
37
71
88

Population

9,062

Data freshness

Unknown

GDP / Output

-8.6% YoY

0

$862.7M

Output changed -8.6% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

13.1%

Unemployment is 13.1% for Latest available.

Vintage date unknown

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

Population

-2.1% 5-year

37

9,062

Population moved -2.1% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

71

20.7%

Median rent consumes 20.7% 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

$6.7K per resident

88

$173.3M

$173.3M 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

$173.3M

$6.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$116.6M
2. Department of Agriculture$38.6M
3. Department of Veterans Affairs$9.8M

Top recipients

Dollars
1. REDACTED DUE TO PII$22.0M
2. MISSISSIPPI DEPARTMENT OF TRANSPORTATION$4.7M
3. STEWARD LINK LLC$992.9K

Affordable

Housing Affordability

20.7%

of median income

1BR estimate$590
2BR estimate$778
Median income$41,708
Median home value$108,800

ACS context

Quick Facts

Population

9,062

Median age

35.7

Bachelor's degree+

21.0%

Poverty rate

30.5%

Labor force participation

60.1%

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

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

-0.4%

GDP CAGR

+3.6%

Federal flow

5 years

Population (5 years)
20209,258
20219,679
20229,572
20239,360
20249,062
GDP (5 years)
2020$723.6M
2021$824.2M
2022$855.1M
2023$944.1M
2024$862.7M

2-year linear forecast

Predictive Outlook

Population forecast

20249,062
20259,173 *
20269,102 *

R² = 20.8% · * projected

GDP forecast

2024$862.7M
2025$961.3M *
2026$1.0B *

R² = 62.5% · * 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$41,708/yr
Median rent$720/mo
Rent share of income20.7%
Est. mortgage (30yr, 6.5%)$6,602/yr
Mortgage share of income15.8%

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

employment snapshot

Job Market

Unemployment rate13.1%
State avg5.8%
U.S. avg5.2%
Labor force participation60.1%
Poverty rate30.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$108,800
Median monthly rent$720
Price-to-rent ratio12.6x

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

composite score

Investment Climate

Investment climateWeak
Composite score15/100
Economic growth0/100
Labor market0/100
Population momentum37/100
Overall stability32/100

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

Location Context

Indianola city, Mississippi

City/Town

Part of

Mississippi

Nearby locations

Inverness, MSMoorhead, MSSunflower, MSShaw, MSIsola, MS