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EconPulse

Local economy signal dashboard

Saved
PLACEThriving

Northlakes, NC

Thriving overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as unavailable for a median-income household.

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Overall score78out of 100
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72
67
100
NA
93

Population

1,716

Data freshness

Unknown

GDP / Output

+4.8% YoY

72

$3.3B

Output changed +4.8% in 2024.

Vintage date unknown

State growth6.2%
U.S. growth5.3%

Jobs

Unemployment rate

67

3.6%

Unemployment is 3.6% for June 2026.

Vintage date unknown

State avg3.6%
U.S. avg4.2%

Population

+31.6% 5-year

100

1,716

Population moved +31.6% over the latest ACS window.

Vintage date unknown

State population10,730,404
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.2K per resident

93

$581.3M

$581.3M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$581.3M

$7.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$484.3M
2. Department of Veterans Affairs$54.9M
3. Department of Transportation$20.2M

Top recipients

Dollars
1. TRANSPORTATION NORTH CAROLINA DEPARTMENT$20.2M
2. CALDWELL COMMUNITY COLLEGE & TECHNICAL INSTITUTE$8.2M
3. REDACTED DUE TO PII$1.6M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$101,250
Median home value$366,500

ACS context

Quick Facts

Population

1,716

Median age

39.7

Bachelor's degree+

54.0%

Poverty rate

2.0%

Labor force participation

63.9%

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

June 2026

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

+5.6%

GDP CAGR

+4.8%

Federal flow

5 years

Population (5 years)
20201,304
20211,185
20221,378
20231,462
20241,716
GDP (5 years)
2020$2.6B
2021$2.7B
2022$3.0B
2023$3.2B
2024$3.3B

2-year linear forecast

Predictive Outlook

Population forecast

20241,716
20251,739 *
20261,849 *

R² = 76.1% · * projected

GDP forecast

2024$3.3B
2025$3.5B *
2026$3.7B *

R² = 98.3% · * 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$101,250/yr
Est. mortgage (30yr, 6.5%)$22,239/yr
Mortgage share of income22.0%

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

employment snapshot

Job Market

Unemployment rate3.6%
State avg3.6%
U.S. avg4.2%
Labor force participation63.9%
Poverty rate2.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$366,500

composite score

Investment Climate

Investment climateStrong
Composite score78/100
Economic growth72/100
Labor market67/100
Population momentum100/100
Overall stability78/100

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

Location Context

Northlakes CDP, North Carolina

City/Town

Part of

Hickory-Lenoir-Morganton, NC

Nearby locations

Granite Falls, NCRhodhiss, NCHickory, NCLong View, NCBethlehem, NC