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EconPulse

Local economy signal dashboard

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PLACEStable

Miles, TX

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

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Overall score62out of 100
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56
65
3
82
100

Population

1,030

Data freshness

Unknown

GDP / Output

+2.4% YoY

56

$432.0M

Output changed +2.4% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

65

4.1%

Unemployment is 4.1% for June 2026.

Vintage date unknown

State avg5.3%
U.S. avg5.2%

Population

-7.8% 5-year

3

1,030

Population moved -7.8% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

82

13.1%

Median rent consumes 13.1% of median household income: Affordable.

Vintage date unknown

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

Federal Funds

$8.7K per resident

100

$86.2M

$86.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$86.2M

$8.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$56.2M
2. Department of Transportation$10.6M
3. Department of Agriculture$10.0M

Top recipients

Dollars
1. TEXAS DEPARTMENT OF TRANSPORTATION$10.6M
2. REDACTED DUE TO PII$9.7M
3. WINTERS HOUSING AUTHORITY$441.4K

Affordable

Housing Affordability

13.1%

of median income

1BR estimate$660
2BR estimate$869
Median income$74,000
Median home value$203,800

ACS context

Quick Facts

Population

1,030

Median age

37.0

Bachelor's degree+

23.7%

Poverty rate

15.6%

Labor force participation

73.1%

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

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

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

-1.6%

GDP CAGR

+7.7%

Federal flow

5 years

Population (5 years)
20201,117
20211,164
20221,197
20231,170
20241,030
GDP (5 years)
2020$298.8M
2021$348.9M
2022$458.8M
2023$421.8M
2024$432.0M

2-year linear forecast

Predictive Outlook

Population forecast

20241,030
20251,085 *
20261,068 *

R² = 16.4% · * projected

GDP forecast

2024$432.0M
2025$493.8M *
2026$527.8M *

R² = 65.8% · * 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$74,000/yr
Median rent$805/mo
Rent share of income13.1%
Est. mortgage (30yr, 6.5%)$12,366/yr
Mortgage share of income16.7%

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

employment snapshot

Job Market

Unemployment rate4.1%
State avg5.3%
U.S. avg5.2%
Labor force participation73.1%
Poverty rate15.6%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$203,800
Median monthly rent$805
Price-to-rent ratio21.1x

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

composite score

Investment Climate

Investment climateModerate
Composite score49/100
Economic growth56/100
Labor market65/100
Population momentum3/100
Overall stability62/100

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

Location Context

Miles city, Texas

City/Town

Part of

Texas

Nearby locations

Rowena, TXPaint Rock, TXBallinger, TXSan Angelo, TXBronte, TX