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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Oak Grove, LA

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

Post on XLinkedIn
Overall score63out of 100
Compare
28
93
0
78
100

Population

1,264

Data freshness

Unknown

GDP / Output

-1.6% YoY

28

$236.8M

Output changed -1.6% in 2024.

Vintage date unknown

State growth3.5%
U.S. growth5.3%

Jobs

Unemployment rate

93

2.2%

Unemployment is 2.2% for Latest available.

Vintage date unknown

State avg4.4%
U.S. avg5.2%

Population

-27.1% 5-year

0

1,264

Population moved -27.1% over the latest ACS window.

Vintage date unknown

State population4,611,961
U.S. population334,922,499

Housing

Rent share of income

78

15.9%

Median rent consumes 15.9% 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

$8.2K per resident

100

$79.6M

$79.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$59.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$79.6M

$8.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$58.0M
2. Department of Agriculture$13.1M
3. Department of Veterans Affairs$5.0M

Top recipients

Dollars
1. REDACTED DUE TO PII$12.6M
2. TRANSPORTATION & DEVELOPMENT LOUISIANA D$1.0M
3. WEST CARROLL KELLY AIRPORT AUTHORITY$964.4K

Affordable

Housing Affordability

15.9%

of median income

1BR estimate$557
2BR estimate$733
Median income$51,136
Median home value$87,500

ACS context

Quick Facts

Population

1,264

Median age

49.9

Bachelor's degree+

22.4%

Poverty rate

16.8%

Labor force participation

53.5%

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

-6.1%

GDP CAGR

+2.4%

Federal flow

5 years

Population (5 years)
20201,733
20211,593
20221,531
20231,328
20241,264
GDP (5 years)
2020$210.4M
2021$223.9M
2022$218.3M
2023$240.6M
2024$236.8M

2-year linear forecast

Predictive Outlook

Population forecast

20241,264
20251,129 *
20261,009 *

R² = 97.4% · * projected

GDP forecast

2024$236.8M
2025$246.8M *
2026$253.8M *

R² = 75.7% · * 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$51,136/yr
Median rent$679/mo
Rent share of income15.9%
Est. mortgage (30yr, 6.5%)$5,309/yr
Mortgage share of income10.4%

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

employment snapshot

Job Market

Unemployment rate2.2%
State avg4.4%
U.S. avg5.2%
Labor force participation53.5%
Poverty rate16.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$87,500
Median monthly rent$679
Price-to-rent ratio10.7x

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

composite score

Investment Climate

Investment climateModerate
Composite score47/100
Economic growth28/100
Labor market93/100
Population momentum0/100
Overall stability63/100

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

Location Context

Oak Grove town, Louisiana

City/Town

Part of

Louisiana

Nearby locations

Forest, LAPioneer, LAKilbourne, LALake Providence, LABonita, LA