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EconPulse

Local economy signal dashboard

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PLACEStable

North Pekin, IL

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 score60out of 100
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76
48
11
76
94

Population

1,571

Data freshness

Unknown

GDP / Output

+5.3% YoY

76

$7.8B

Output changed +5.3% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

48

5.2%

Unemployment is 5.2% for Latest available.

Vintage date unknown

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

Population

-6.5% 5-year

11

1,571

Population moved -6.5% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

76

17.3%

Median rent consumes 17.3% of median household income: Affordable.

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

$7.4K per resident

94

$966.9M

$966.9M 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

$966.9M

$7.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$743.3M
2. Department of Veterans Affairs$79.6M
3. Department of Transportation$66.6M

Top recipients

Dollars
1. ILLINOIS DEPARTMENT OF TRANSPORTATION$66.6M
2. VERMILION VALLEY PRODUCE INC$32.9M
3. REDACTED DUE TO PII$16.4M

Affordable

Housing Affordability

17.3%

of median income

1BR estimate$946
2BR estimate$1,246
Median income$80,224
Median home value$125,600

ACS context

Quick Facts

Population

1,571

Median age

49.5

Bachelor's degree+

22.2%

Poverty rate

7.7%

Labor force participation

68.0%

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

-1.3%

GDP CAGR

+6.5%

Federal flow

5 years

Population (5 years)
20201,680
20211,589
20221,622
20231,647
20241,571
GDP (5 years)
2020$5.7B
2021$6.4B
2022$7.3B
2023$7.4B
2024$7.8B

2-year linear forecast

Predictive Outlook

Population forecast

20241,571
20251,574 *
20261,558 *

R² = 33.3% · * projected

GDP forecast

2024$7.8B
2025$8.5B *
2026$9.1B *

R² = 93.4% · * 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$80,224/yr
Median rent$1,154/mo
Rent share of income17.3%
Est. mortgage (30yr, 6.5%)$7,621/yr
Mortgage share of income9.5%

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

employment snapshot

Job Market

Unemployment rate5.2%
State avg5.1%
U.S. avg5.2%
Labor force participation68.0%
Poverty rate7.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$125,600
Median monthly rent$1,154
Price-to-rent ratio9.1x

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

composite score

Investment Climate

Investment climateModerate
Composite score52/100
Economic growth76/100
Labor market48/100
Population momentum11/100
Overall stability60/100

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

Location Context

North Pekin village, Illinois

City/Town

Part of

Peoria, IL

Nearby locations

Marquette Heights, ILCreve Coeur, ILBartonville, ILPekin, ILBellevue, IL