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EconPulse

Local economy signal dashboard

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PLACEThriving

Peoria Heights, IL

Thriving 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 score69out of 100
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78
60
50
74
89

Population

5,825

Data freshness

Unknown

GDP / Output

+5.5% YoY

78

$17.0B

Output changed +5.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

60

4.4%

Unemployment is 4.4% for Latest available.

Vintage date unknown

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

Population

0.0% 5-year

50

5,825

Population moved 0.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

74

18.2%

Median rent consumes 18.2% 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

$6.7K per resident

89

$1.2B

$1.2B 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

$1.2B

$6.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$905.2M
2. Department of Veterans Affairs$93.2M
3. Department of Transportation$74.6M

Top recipients

Dollars
1. ILLINOIS DEPARTMENT OF TRANSPORTATION$50.7M
2. METROPOLITAN AIRPORT AUTHORITY OF PEORIA$23.8M
3. PEORIA HOUSING AUTH$22.9M

Affordable

Housing Affordability

18.2%

of median income

1BR estimate$749
2BR estimate$986
Median income$60,099
Median home value$117,700

ACS context

Quick Facts

Population

5,825

Median age

41.1

Bachelor's degree+

29.2%

Poverty rate

8.2%

Labor force participation

67.3%

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

0.0%

GDP CAGR

+5.6%

Federal flow

5 years

Population (5 years)
20205,825
20215,940
20225,890
20235,834
20245,825
GDP (5 years)
2020$12.9B
2021$13.7B
2022$15.3B
2023$16.1B
2024$17.0B

2-year linear forecast

Predictive Outlook

Population forecast

20245,825
20255,831 *
20265,820 *

R² = 10.8% · * projected

GDP forecast

2024$17.0B
2025$18.1B *
2026$19.2B *

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$60,099/yr
Median rent$913/mo
Rent share of income18.2%
Est. mortgage (30yr, 6.5%)$7,142/yr
Mortgage share of income11.9%

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

employment snapshot

Job Market

Unemployment rate4.4%
State avg5.1%
U.S. avg5.2%
Labor force participation67.3%
Poverty rate8.2%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$117,700
Median monthly rent$913
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 score66/100
Economic growth78/100
Labor market60/100
Population momentum50/100
Overall stability69/100

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

Location Context

Peoria Heights village, Illinois

City/Town

Part of

Peoria, IL

Nearby locations

Peoria, ILMossville, ILWest Peoria, ILBay View Gardens, ILEast Peoria, IL