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EconPulse

Local economy signal dashboard

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PLACEThriving

Lagrange, OH

Thriving overall. Population 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 score84out of 100
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80
77
100
83
93

Population

2,800

Data freshness

Unknown

GDP / Output

+5.8% YoY

80

$15.0B

Output changed +5.8% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

77

3.0%

Unemployment is 3.0% for April 2026.

Vintage date unknown

State avg3.9%
U.S. avg4.3%

Population

+18.9% 5-year

100

2,800

Population moved +18.9% over the latest ACS window.

Vintage date unknown

State population11,810,293
U.S. population334,922,499

Housing

Rent share of income

83

12.0%

Median rent consumes 12.0% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.3K per resident

93

$2.3B

$2.3B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$2.3B

$7.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.8B
2. Department of Transportation$154.7M
3. Department of Veterans Affairs$154.4M

Top recipients

Dollars
1. OHIO DEPARTMENT OF TRANSPORTATION$119.7M
2. LORAIN METROPOLITAN HOUSING AUTHORITY$46.3M
3. RAIL DEVELOPMENT COMMISSION OHIO$26.3M

Affordable

Housing Affordability

12.0%

of median income

1BR estimate$780
2BR estimate$1,027
Median income$94,922
Median home value$264,300

ACS context

Quick Facts

Population

2,800

Median age

40.9

Bachelor's degree+

26.1%

Poverty rate

6.8%

Labor force participation

66.8%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

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

+3.5%

GDP CAGR

+6.2%

Federal flow

5 years

Population (5 years)
20202,355
20212,591
20222,662
20232,736
20242,800
GDP (5 years)
2020$11.1B
2021$12.3B
2022$13.1B
2023$14.2B
2024$15.0B

2-year linear forecast

Predictive Outlook

Population forecast

20242,800
20252,939 *
20263,043 *

R² = 90.6% · * projected

GDP forecast

2024$15.0B
2025$16.1B *
2026$17.0B *

R² = 99.7% · * 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$94,922/yr
Median rent$951/mo
Rent share of income12.0%
Est. mortgage (30yr, 6.5%)$16,037/yr
Mortgage share of income16.9%

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

employment snapshot

Job Market

Unemployment rate3.0%
State avg3.9%
U.S. avg4.3%
Labor force participation66.8%
Poverty rate6.8%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$264,300
Median monthly rent$951
Price-to-rent ratio23.2x

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

composite score

Investment Climate

Investment climateStrong
Composite score84/100
Economic growth80/100
Labor market77/100
Population momentum100/100
Overall stability84/100

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

Location Context

LaGrange village, Ohio

City/Town

Part of

Cleveland, OH

Nearby locations

Pheasant Run, OHGrafton, OHOberlin, OHEaton Estates, OHWellington, OH