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EconPulse

Local economy signal dashboard

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PLACEThriving

Piqua, OH

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 score70out of 100
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69
71
35
77
99

Population

20,646

Data freshness

Unknown

GDP / Output

+4.2% YoY

69

$6.2B

Output changed +4.2% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

71

3.7%

Unemployment is 3.7% for Latest available.

Vintage date unknown

State avg4.8%
U.S. avg5.2%

Population

-2.4% 5-year

35

20,646

Population moved -2.4% over the latest ACS window.

Vintage date unknown

State population11,810,293
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$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.0K per resident

99

$865.9M

$865.9M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$865.9M

$8.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$602.6M
2. Department of Defense$133.4M
3. Department of Veterans Affairs$71.6M

Top recipients

Dollars
1. GOODRICH CORPORATION$123.8M
2. COUNCIL ON RURAL SERVICE PROGRAMS, INC.$17.1M
3. OHIO DEPARTMENT OF TRANSPORTATION$8.6M

Affordable

Housing Affordability

16.3%

of median income

1BR estimate$756
2BR estimate$996
Median income$67,796
Median home value$138,600

ACS context

Quick Facts

Population

20,646

Median age

38.8

Bachelor's degree+

15.0%

Poverty rate

17.6%

Labor force participation

65.4%

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

-0.5%

GDP CAGR

+6.0%

Federal flow

5 years

Population (5 years)
202021,159
202120,352
202220,441
202320,533
202420,646
GDP (5 years)
2020$4.6B
2021$5.1B
2022$5.6B
2023$5.9B
2024$6.2B

2-year linear forecast

Predictive Outlook

Population forecast

202420,646
202520,373 *
202620,288 *

R² = 17.7% · * projected

GDP forecast

2024$6.2B
2025$6.7B *
2026$7.1B *

R² = 98.0% · * 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$67,796/yr
Median rent$922/mo
Rent share of income16.3%
Est. mortgage (30yr, 6.5%)$8,410/yr
Mortgage share of income12.4%

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

employment snapshot

Job Market

Unemployment rate3.7%
State avg4.8%
U.S. avg5.2%
Labor force participation65.4%
Poverty rate17.6%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$138,600
Median monthly rent$922
Price-to-rent ratio12.5x

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

composite score

Investment Climate

Investment climateModerate
Composite score63/100
Economic growth69/100
Labor market71/100
Population momentum35/100
Overall stability70/100

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

Location Context

Piqua city, Ohio

City/Town

Part of

Dayton-Kettering-Beavercreek, OH

Nearby locations

Lockington, OHCovington, OHFletcher, OHTroy, OHPleasant Hill, OH