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EconPulse

Local economy signal dashboard

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PLACEThriving

Piermont, NY

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 score71out of 100
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78
69
44
77
84

Population

2,514

Data freshness

Unknown

GDP / Output

+5.6% YoY

78

$24.4B

Output changed +5.6% in 2024.

Vintage date unknown

State growth6.4%
U.S. growth5.3%

Jobs

Unemployment rate

69

3.5%

Unemployment is 3.5% for June 2026.

Vintage date unknown

State avg4.6%
U.S. avg4.2%

Population

-1.1% 5-year

44

2,514

Population moved -1.1% over the latest ACS window.

Vintage date unknown

State population19,852,366
U.S. population334,922,499

Housing

Rent share of income

77

16.3%

Median rent consumes 16.3% of median household income: Affordable.

Vintage date unknown

State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.1K per resident

84

$2.1B

$2.1B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$262.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$2.1B

$6.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.5B
2. Department of Health and Human Services$205.9M
3. Department of Housing and Urban Development$123.1M

Top recipients

Dollars
1. CHARTWELL RX LLC$115.1M
2. THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK$35.2M
3. VILLAGE OF NEW SQUARE$29.6M

Affordable

Housing Affordability

16.3%

of median income

1BR estimate$1,566
2BR estimate$2,063
Median income$140,450
Median home value$652,900

ACS context

Quick Facts

Population

2,514

Median age

51.3

Bachelor's degree+

66.2%

Poverty rate

1.1%

Labor force participation

73.0%

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

June 2026

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

-0.2%

GDP CAGR

+5.7%

Federal flow

5 years

Population (5 years)
20202,541
20212,525
20222,507
20232,434
20242,514
GDP (5 years)
2020$18.5B
2021$21.0B
2022$22.0B
2023$23.1B
2024$24.4B

2-year linear forecast

Predictive Outlook

Population forecast

20242,514
20252,461 *
20262,446 *

R² = 30.8% · * projected

GDP forecast

2024$24.4B
2025$26.0B *
2026$27.4B *

R² = 96.9% · * 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$140,450/yr
Median rent$1,910/mo
Rent share of income16.3%
Est. mortgage (30yr, 6.5%)$39,617/yr
Mortgage share of income28.2%

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

employment snapshot

Job Market

Unemployment rate3.5%
State avg4.6%
U.S. avg4.2%
Labor force participation73.0%
Poverty rate1.1%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$652,900
Median monthly rent$1,910
Price-to-rent ratio28.5x

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

composite score

Investment Climate

Investment climateStrong
Composite score67/100
Economic growth78/100
Labor market69/100
Population momentum44/100
Overall stability71/100

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

Location Context

Piermont village, New York

City/Town

Part of

New York-Newark-Jersey City, NY-NJ

Nearby locations

Grand View-on-Hudson, NYSparkill, NYOrangeburg, NYIrvington, NYTappan, NY