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EconPulse

Local economy signal dashboard

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PLACEStable

New Ross, IN

Stable overall. Jobs 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 score64out of 100
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31
100
0
76
90

Population

364

Data freshness

Unknown

GDP / Output

-1.2% YoY

31

$2.2B

Output changed -1.2% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

-29.5% 5-year

0

364

Population moved -29.5% over the latest ACS window.

Vintage date unknown

State population6,851,073
U.S. population334,922,499

Housing

Rent share of income

76

17.1%

Median rent consumes 17.1% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.9K per resident

90

$262.6M

$262.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$207.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$262.6M

$6.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$220.2M
2. Department of Veterans Affairs$13.4M
3. Department of Transportation$12.9M

Top recipients

Dollars
1. INDIANA DEPARTMENT OF TRANSPORTATION$11.8M
2. REDACTED DUE TO PII$8.1M
3. CRAWFORDSVILLE, CITY OF$3.6M

Affordable

Housing Affordability

17.1%

of median income

1BR estimate$752
2BR estimate$990
Median income$64,167
Median home value$145,000

ACS context

Quick Facts

Population

364

Median age

52.7

Bachelor's degree+

10.6%

Poverty rate

17.0%

Labor force participation

58.9%

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

-6.7%

GDP CAGR

+6.2%

Federal flow

5 years

Population (5 years)
2020516
2021531
2022471
2023381
2024364
GDP (5 years)
2020$1.6B
2021$2.0B
2022$2.2B
2023$2.3B
2024$2.2B

2-year linear forecast

Predictive Outlook

Population forecast

2024364
2025316 *
2026271 *

R² = 87.8% · * projected

GDP forecast

2024$2.2B
2025$2.5B *
2026$2.6B *

R² = 81.8% · * 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$64,167/yr
Median rent$917/mo
Rent share of income17.1%
Est. mortgage (30yr, 6.5%)$8,798/yr
Mortgage share of income13.7%

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

employment snapshot

Job Market

Unemployment rate0.0%
State avg4.3%
U.S. avg5.2%
Labor force participation58.9%
Poverty rate17.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$145,000
Median monthly rent$917
Price-to-rent ratio13.2x

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

composite score

Investment Climate

Investment climateModerate
Composite score50/100
Economic growth31/100
Labor market100/100
Population momentum0/100
Overall stability64/100

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

Location Context

New Ross town, Indiana

City/Town

Part of

Crawfordsville, IN

Nearby locations

Linnsburg, INJamestown, INAdvance, INMace, INLadoga, IN