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EconPulse

Local economy signal dashboard

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PLACEStable

Leola, SD

Stable 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 score55out of 100
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0
84
0
80
100

Population

381

Data freshness

Unknown

GDP / Output

-9.1% YoY

0

$141.0M

Output changed -9.1% in 2024.

Vintage date unknown

State growth3.1%
U.S. growth5.3%

Jobs

Unemployment rate

84

2.8%

Unemployment is 2.8% for Latest available.

Vintage date unknown

State avg2.0%
U.S. avg5.2%

Population

-12.4% 5-year

0

381

Population moved -12.4% over the latest ACS window.

Vintage date unknown

State population907,428
U.S. population334,922,499

Housing

Rent share of income

80

14.2%

Median rent consumes 14.2% of median household income: Affordable.

Vintage date unknown

State rent$946
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$12.1K per resident

100

$29.2M

$29.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$11.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$29.2M

$12.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$14.1M
2. Department of Agriculture$11.8M
3. Department of Transportation$2.4M

Top recipients

Dollars
1. REDACTED DUE TO PII$11.4M
2. STATE OF SOUTH DAKOTA$2.4M
3. LONG LAKE HUTTERIAN BRETHREN INC$456.5K

Affordable

Housing Affordability

14.2%

of median income

1BR estimate$691
2BR estimate$910
Median income$71,250
Median home value$65,400

ACS context

Quick Facts

Population

381

Median age

38.9

Bachelor's degree+

31.4%

Poverty rate

6.3%

Labor force participation

60.6%

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

-2.6%

GDP CAGR

+4.0%

Federal flow

5 years

Population (5 years)
2020435
2021374
2022359
2023363
2024381
GDP (5 years)
2020$115.7M
2021$161.5M
2022$175.1M
2023$155.0M
2024$141.0M

2-year linear forecast

Predictive Outlook

Population forecast

2024381
2025347 *
2026335 *

R² = 37.6% · * projected

GDP forecast

2024$141.0M
2025$162.9M *
2026$167.3M *

R² = 9.5% · * 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$71,250/yr
Median rent$843/mo
Rent share of income14.2%
Est. mortgage (30yr, 6.5%)$3,968/yr
Mortgage share of income5.6%

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

employment snapshot

Job Market

Unemployment rate2.8%
State avg2.0%
U.S. avg5.2%
Labor force participation60.6%
Poverty rate6.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$65,400
Median monthly rent$843
Price-to-rent ratio6.5x

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

composite score

Investment Climate

Investment climateModerate
Composite score35/100
Economic growth0/100
Labor market84/100
Population momentum0/100
Overall stability55/100

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

Location Context

Leola city, South Dakota

City/Town

Part of

South Dakota

Nearby locations

Grassland Colony, SDDeerfield Colony, SDLong Lake Colony, SDPlainview Colony, SDWetonka, SD