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EconPulse

Local economy signal dashboard

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PLACEStable

Olney, TX

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 score65out of 100
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49
68
34
80
92

Population

3,015

Data freshness

Unknown

GDP / Output

+1.5% YoY

49

$1.4B

Output changed +1.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

68

3.9%

Unemployment is 3.9% for June 2026.

Vintage date unknown

State avg5.3%
U.S. avg5.2%

Population

-2.7% 5-year

34

3,015

Population moved -2.7% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

80

14.5%

Median rent consumes 14.5% of median household income: Affordable.

Vintage date unknown

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

Federal Funds

$7.1K per resident

92

$126.2M

$126.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$126.2M

$7.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$104.9M
2. Department of Veterans Affairs$11.6M
3. Department of Transportation$5.8M

Top recipients

Dollars
1. TEXAS DEPARTMENT OF TRANSPORTATION$5.8M
2. REDACTED DUE TO PII$2.3M
3. 1408 W. ELM STREET, LLC$501.1K

Affordable

Housing Affordability

14.5%

of median income

1BR estimate$360
2BR estimate$474
Median income$36,250
Median home value$95,100

ACS context

Quick Facts

Population

3,015

Median age

35.3

Bachelor's degree+

13.8%

Poverty rate

26.4%

Labor force participation

58.8%

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

2026-07-31

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

-0.5%

GDP CAGR

+11.1%

Federal flow

5 years

Population (5 years)
20203,098
20213,021
20223,016
20233,011
20243,015
GDP (5 years)
2020$804.0M
2021$989.0M
2022$1.1B
2023$1.3B
2024$1.4B

2-year linear forecast

Predictive Outlook

Population forecast

20243,015
20252,979 *
20262,962 *

R² = 56.7% · * projected

GDP forecast

2024$1.4B
2025$1.6B *
2026$1.7B *

R² = 95.8% · * 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$36,250/yr
Median rent$439/mo
Rent share of income14.5%
Est. mortgage (30yr, 6.5%)$5,771/yr
Mortgage share of income15.9%

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

employment snapshot

Job Market

Unemployment rate3.9%
State avg5.3%
U.S. avg5.2%
Labor force participation58.8%
Poverty rate26.4%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$95,100
Median monthly rent$439
Price-to-rent ratio18.1x

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

composite score

Investment Climate

Investment climateModerate
Composite score55/100
Economic growth49/100
Labor market68/100
Population momentum34/100
Overall stability65/100

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

Location Context

Olney city, Texas

City/Town

Part of

Texas

Nearby locations

Newcastle, TXMegargel, TXElbert, TXLoving, TXArcher City, TX