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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Okawville, 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.

Post on XLinkedIn
Overall score41out of 100
Compare
18
20
0
84
100

Population

1,299

Data freshness

Unknown

GDP / Output

-3.0% YoY

18

$1.3B

Output changed -3.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

20

7.1%

Unemployment is 7.1% for Latest available.

Vintage date unknown

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

Population

-11.6% 5-year

0

1,299

Population moved -11.6% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

84

11.1%

Median rent consumes 11.1% 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

$8.2K per resident

100

$112.6M

$112.6M 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

$112.6M

$8.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$79.5M
2. Department of Agriculture$17.5M
3. Department of Veterans Affairs$8.7M

Top recipients

Dollars
1. REDACTED DUE TO PII$17.0M
2. ILLINOIS DEPARTMENT OF TRANSPORTATION$4.2M
3. NOTS LOGISTICS LLC$171.3K

Affordable

Housing Affordability

11.1%

of median income

1BR estimate$642
2BR estimate$846
Median income$84,417
Median home value$160,700

ACS context

Quick Facts

Population

1,299

Median age

44.6

Bachelor's degree+

30.6%

Poverty rate

3.5%

Labor force participation

61.0%

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

-2.4%

GDP CAGR

+3.3%

Federal flow

5 years

Population (5 years)
20201,469
20211,317
20221,263
20231,312
20241,299
GDP (5 years)
2020$1.1B
2021$1.1B
2022$1.2B
2023$1.3B
2024$1.3B

2-year linear forecast

Predictive Outlook

Population forecast

20241,299
20251,229 *
20261,194 *

R² = 47.1% · * projected

GDP forecast

2024$1.3B
2025$1.4B *
2026$1.4B *

R² = 82.4% · * 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$84,417/yr
Median rent$783/mo
Rent share of income11.1%
Est. mortgage (30yr, 6.5%)$9,751/yr
Mortgage share of income11.6%

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

employment snapshot

Job Market

Unemployment rate7.1%
State avg5.1%
U.S. avg5.2%
Labor force participation61.0%
Poverty rate3.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$160,700
Median monthly rent$783
Price-to-rent ratio17.1x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateWeak
Composite score21/100
Economic growth18/100
Labor market20/100
Population momentum0/100
Overall stability41/100

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

Location Context

Okawville village, Illinois

City/Town

Part of

Illinois

Nearby locations

Addieville, ILVenedy, ILDamiansville, ILAlbers, ILGermantown, IL