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EconPulse

Local economy signal dashboard

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PLACEThriving

Polkville, MS

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

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Overall score84out of 100
Compare
100
65
100
80
90

Population

713

Data freshness

Unknown

GDP / Output

+14.4% YoY

100

$619.4M

Output changed +14.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

65

4.1%

Unemployment is 4.1% for Latest available.

Vintage date unknown

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

Population

+41.7% 5-year

100

713

Population moved +41.7% over the latest ACS window.

Vintage date unknown

State population2,946,779
U.S. population334,922,499

Housing

Rent share of income

80

14.3%

Median rent consumes 14.3% of median household income: Affordable.

Vintage date unknown

State rent$954
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.9K per resident

90

$97.7M

$97.7M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$38.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$97.7M

$6.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$89.5M
2. Department of Veterans Affairs$5.7M
3. Department of Agriculture$1.7M

Top recipients

Dollars
1. REDACTED DUE TO PII$1.2M
2. RALEIGH ASSOC,L.P.$314.9K
3. SYNERGETICS DIVERSIFIED COMPUTER SERVICES, INC.$288.5K

Affordable

Housing Affordability

14.3%

of median income

1BR estimate$656
2BR estimate$864
Median income$67,031
Median home value$97,500

ACS context

Quick Facts

Population

713

Median age

35.6

Bachelor's degree+

12.9%

Poverty rate

18.0%

Labor force participation

55.0%

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

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

+7.2%

GDP CAGR

+10.9%

Federal flow

5 years

Population (5 years)
2020503
2021690
2022594
2023664
2024713
GDP (5 years)
2020$369.4M
2021$477.3M
2022$572.3M
2023$541.2M
2024$619.4M

2-year linear forecast

Predictive Outlook

Population forecast

2024713
2025751 *
2026790 *

R² = 53.5% · * projected

GDP forecast

2024$619.4M
2025$685.1M *
2026$741.5M *

R² = 84.8% · * 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$67,031/yr
Median rent$800/mo
Rent share of income14.3%
Est. mortgage (30yr, 6.5%)$5,916/yr
Mortgage share of income8.8%

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

employment snapshot

Job Market

Unemployment rate4.1%
State avg5.8%
U.S. avg5.2%
Labor force participation55.0%
Poverty rate18.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$97,500
Median monthly rent$800
Price-to-rent ratio10.2x

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

composite score

Investment Climate

Investment climateStrong
Composite score87/100
Economic growth100/100
Labor market65/100
Population momentum100/100
Overall stability84/100

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

Location Context

Polkville town, Mississippi

City/Town

Part of

Mississippi

Nearby locations

Puckett, MSMorton, MSPelahatchie, MSRaleigh, MSRobinhood, MS