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EconPulse

Local economy signal dashboard

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PLACEThriving

Merritt, IL

Thriving overall. Jobs is the clearest support signal, while gdp / output needs the most attention. Housing reads as unavailable for a median-income household.

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Overall score91out of 100
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72
100
100
NA
88

Population

56

Data freshness

Unknown

GDP / Output

+4.8% YoY

72

$207.8M

Output changed +4.8% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg4.3%

Population

+115.4% 5-year

100

56

Population moved +115.4% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.6K per resident

88

$32.6M

$32.6M 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

$32.6M

$6.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$24.4M
2. Department of Agriculture$4.2M
3. Department of Veterans Affairs$2.2M

Top recipients

Dollars
1. REDACTED DUE TO PII$4.2M
2. SCOTT COUNTY HOUSING AUTHORITY$597.9K
3. ILLINOIS DEPARTMENT OF TRANSPORTATION$311.2K

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median incomeUnavailable
Median home valueUnavailable

ACS context

Quick Facts

Population

56

Median age

12.0

Bachelor's degree+

0.0%

Poverty rate

0.0%

Labor force participation

35.7%

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

Latest available

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

+16.6%

GDP CAGR

+6.6%

Federal flow

5 years

Population (5 years)
202026
202120
202217
202375
202456
GDP (5 years)
2020$150.8M
2021$185.2M
2022$212.1M
2023$198.3M
2024$207.8M

2-year linear forecast

Predictive Outlook

Population forecast

202456
202573 *
202685 *

R² = 50.9% · * projected

GDP forecast

2024$207.8M
2025$229.0M *
2026$241.7M *

R² = 66.5% · * 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 + income analysis

Cost of Living

Income and housing cost data unavailable for this geography.

employment snapshot

Job Market

Unemployment rate0.0%
State avg5.1%
U.S. avg4.3%
Labor force participation35.7%
Poverty rate0.0%

Data from BLS LAUS / CPS. Latest available.

valuation indicators

Real Estate

Home value and rent data unavailable for this geography.

composite score

Investment Climate

Investment climateStrong
Composite score89/100
Economic growth72/100
Labor market100/100
Population momentum100/100
Overall stability91/100

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

Location Context

Merritt CDP, Illinois

City/Town

Part of

Jacksonville, IL

Nearby locations

Riggston, ILChapin, ILLynnville, ILExeter, ILWinchester, IL