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EconPulse

Local economy signal dashboard

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PLACEThriving

Makanda, IL

Thriving overall. Jobs 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 score82out of 100
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53
100
NA
80
87

Population

612

Data freshness

Unknown

GDP / Output

+2.0% YoY

53

$3.3B

Output changed +2.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

1.3%

Unemployment is 1.3% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

Unavailable 5-year

NA

612

Population trend is unavailable.

Vintage date unknown

State population12,694,798
U.S. population334,922,499
Population trend temporarily unavailable.

Housing

Rent share of income

80

14.5%

Median rent consumes 14.5% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
Population trend temporarily unavailable.

Federal Funds

$6.5K per resident

87

$344.0M

$344.0M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$344.0M

$6.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$224.8M
2. Department of Veterans Affairs$34.5M
3. Department of Education$24.6M

Top recipients

Dollars
1. BOARD OF TRUSTEES OF SOUTHERN ILLINOIS UNIVERSITY$24.0M
2. ILLINOIS DEPARTMENT OF TRANSPORTATION$21.1M
3. BOARD OF TRUSTEES OF SOUTHERN ILLINOIS UNIVERSITY$8.7M

Affordable

Housing Affordability

14.5%

of median income

1BR estimate$782
2BR estimate$1,030
Median income$79,000
Median home value$242,600

ACS context

Quick Facts

Population

612

Median age

50.3

Bachelor's degree+

65.5%

Poverty rate

8.3%

Labor force participation

50.4%

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
  • Population trend temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

Unavailable

GDP CAGR

+4.4%

Federal flow

5 years

GDP (5 years)
2020$2.7B
2021$2.8B
2022$3.1B
2023$3.2B
2024$3.3B

2-year linear forecast

Predictive Outlook

GDP forecast

2024$3.3B
2025$3.5B *
2026$3.7B *

R² = 96.2% · * 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$79,000/yr
Median rent$954/mo
Rent share of income14.5%
Est. mortgage (30yr, 6.5%)$14,721/yr
Mortgage share of income18.6%

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

employment snapshot

Job Market

Unemployment rate1.3%
State avg5.1%
U.S. avg5.2%
Labor force participation50.4%
Poverty rate8.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$242,600
Median monthly rent$954
Price-to-rent ratio21.2x

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

composite score

Investment Climate

Investment climateStrong
Composite score77/100
Economic growth53/100
Labor market100/100
Population momentumN/A
Overall stability82/100

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

Location Context

Makanda village, Illinois

City/Town

Part of

Carbondale, IL

Nearby locations

Alto Pass, ILCobden, ILCarbondale, ILAnna, ILMurphysboro, IL