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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Newman Grove, NE

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

Post on XLinkedIn
Overall score49out of 100
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66
0
46
77
100

Population

885

Data freshness

Unknown

GDP / Output

+3.9% YoY

66

$3.2B

Output changed +3.9% in 2024.

Vintage date unknown

State growth3.0%
U.S. growth5.3%

Jobs

Unemployment rate

0

14.4%

Unemployment is 14.4% for Latest available.

Vintage date unknown

State avg3.0%
U.S. avg5.2%

Population

-0.7% 5-year

46

885

Population moved -0.7% over the latest ACS window.

Vintage date unknown

State population1,978,707
U.S. population334,922,499

Housing

Rent share of income

77

16.3%

Median rent consumes 16.3% 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

$11.7K per resident

100

$417.9M

$417.9M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$27.7B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$417.9M

$11.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$181.3M
2. Department of Veterans Affairs$172.2M
3. Department of Agriculture$18.9M

Top recipients

Dollars
1. METGREEN SOLUTIONS INC$174.3M
2. REDACTED DUE TO PII$18.1M
3. NORTHERN PONCA HOUSING AUTHORITY$6.5M

Affordable

Housing Affordability

16.3%

of median income

1BR estimate$610
2BR estimate$804
Median income$54,861
Median home value$100,000

ACS context

Quick Facts

Population

885

Median age

35.7

Bachelor's degree+

11.9%

Poverty rate

15.4%

Labor force participation

65.5%

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

-0.1%

GDP CAGR

+5.0%

Federal flow

5 years

Population (5 years)
2020891
2021947
2022946
2023934
2024885
GDP (5 years)
2020$2.5B
2021$2.8B
2022$2.9B
2023$3.1B
2024$3.2B

2-year linear forecast

Predictive Outlook

Population forecast

2024885
2025913 *
2026911 *

R² = 1.7% · * projected

GDP forecast

2024$3.2B
2025$3.4B *
2026$3.6B *

R² = 98.6% · * 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$54,861/yr
Median rent$744/mo
Rent share of income16.3%
Est. mortgage (30yr, 6.5%)$6,068/yr
Mortgage share of income11.1%

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

employment snapshot

Job Market

Unemployment rate14.4%
State avg3.0%
U.S. avg5.2%
Labor force participation65.5%
Poverty rate15.4%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$100,000
Median monthly rent$744
Price-to-rent ratio11.2x

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

composite score

Investment Climate

Investment climateModerate
Composite score41/100
Economic growth66/100
Labor market0/100
Population momentum46/100
Overall stability49/100

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

Location Context

Newman Grove city, Nebraska

City/Town

Part of

Norfolk, NE

Nearby locations

Lindsay, NECornlea, NEAlbion, NESt. Edward, NEHumphrey, NE