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EconPulse

Local economy signal dashboard

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PLACEThriving

Parker'S Crossroads, TN

Thriving overall. Jobs is the clearest support signal, while gdp / output needs the most attention. Housing reads as affordable for a median-income household.

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Overall score84out of 100
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70
100
81
75
88

Population

615

Data freshness

Unknown

GDP / Output

+4.5% YoY

70

$1.1B

Output changed +4.5% in 2024.

Vintage date unknown

State growth5.6%
U.S. growth5.3%

Jobs

Unemployment rate

100

1.2%

Unemployment is 1.2% for Latest available.

Vintage date unknown

State avg3.6%
U.S. avg4.3%

Population

+5.1% 5-year

81

615

Population moved +5.1% over the latest ACS window.

Vintage date unknown

State population7,066,383
U.S. population334,922,499

Housing

Rent share of income

75

17.9%

Median rent consumes 17.9% of median household income: Affordable.

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

$6.6K per resident

88

$184.6M

$184.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$121.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$184.6M

$6.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$154.4M
2. Department of Veterans Affairs$15.4M
3. Department of Transportation$5.9M

Top recipients

Dollars
1. TENNESSEE DEPARTMENT OF TRANSPORTATION$5.9M
2. REDACTED DUE TO PII$3.2M
3. UNITED COMMUNICATIONS, INC,$2.2M

Affordable

Housing Affordability

17.9%

of median income

1BR estimate$902
2BR estimate$1,188
Median income$73,600
Median home value$175,000

ACS context

Quick Facts

Population

615

Median age

48.5

Bachelor's degree+

12.8%

Poverty rate

5.6%

Labor force participation

45.4%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-16

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

+1.0%

GDP CAGR

+6.8%

Federal flow

5 years

Population (5 years)
2020585
2021626
2022598
2023578
2024615
GDP (5 years)
2020$764.6M
2021$899.6M
2022$940.4M
2023$1.0B
2024$1.1B

2-year linear forecast

Predictive Outlook

Population forecast

2024615
2025604 *
2026605 *

R² = 0.9% · * projected

GDP forecast

2024$1.1B
2025$1.2B *
2026$1.2B *

R² = 95.5% · * 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$73,600/yr
Median rent$1,100/mo
Rent share of income17.9%
Est. mortgage (30yr, 6.5%)$10,619/yr
Mortgage share of income14.4%

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

employment snapshot

Job Market

Unemployment rate1.2%
State avg3.6%
U.S. avg4.3%
Labor force participation45.4%
Poverty rate5.6%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$175,000
Median monthly rent$1,100
Price-to-rent ratio13.3x

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

composite score

Investment Climate

Investment climateStrong
Composite score83/100
Economic growth70/100
Labor market100/100
Population momentum81/100
Overall stability84/100

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

Location Context

Parker's Crossroads city, Tennessee

City/Town

Part of

Tennessee

Nearby locations

Wildersville, TNYuma, TNClarksburg, TNLexington, TNChesterfield, TN