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EconPulse

Local economy signal dashboard

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PLACEThriving

Prince'S Lakes, IN

Thriving overall. Jobs 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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74
96
0
76
84

Population

1,188

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$8.3B

Output changed +5.0% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

96

1.7%

Unemployment is 1.7% for Latest available.

Vintage date unknown

State avg3.2%
U.S. avg4.3%

Population

-20.5% 5-year

0

1,188

Population moved -20.5% over the latest ACS window.

Vintage date unknown

State population6,851,073
U.S. population334,922,499

Housing

Rent share of income

76

17.3%

Median rent consumes 17.3% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.2K per resident

84

$999.7M

$999.7M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$207.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$999.7M

$6.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$829.4M
2. Department of Veterans Affairs$103.7M
3. Department of Transportation$25.8M

Top recipients

Dollars
1. INDIANA DEPARTMENT OF TRANSPORTATION$24.4M
2. REDACTED DUE TO PII$4.4M
3. FAMILY AND SOCIAL SERVICES ADMINISTRATION, INDIANA$4.0M

Affordable

Housing Affordability

17.3%

of median income

1BR estimate$1,059
2BR estimate$1,395
Median income$89,375
Median home value$245,000

ACS context

Quick Facts

Population

1,188

Median age

58.3

Bachelor's degree+

19.7%

Poverty rate

6.8%

Labor force participation

66.3%

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

-4.5%

GDP CAGR

+6.7%

Federal flow

5 years

Population (5 years)
20201,495
20211,418
20221,276
20231,257
20241,188
GDP (5 years)
2020$6.0B
2021$6.7B
2022$7.4B
2023$7.9B
2024$8.3B

2-year linear forecast

Predictive Outlook

Population forecast

20241,188
20251,094 *
20261,017 *

R² = 94.8% · * projected

GDP forecast

2024$8.3B
2025$8.9B *
2026$9.5B *

R² = 98.6% · * 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$89,375/yr
Median rent$1,292/mo
Rent share of income17.3%
Est. mortgage (30yr, 6.5%)$14,866/yr
Mortgage share of income16.6%

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

employment snapshot

Job Market

Unemployment rate1.7%
State avg3.2%
U.S. avg4.3%
Labor force participation66.3%
Poverty rate6.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$245,000
Median monthly rent$1,292
Price-to-rent ratio15.8x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score64/100
Economic growth74/100
Labor market96/100
Population momentum0/100
Overall stability71/100

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

Location Context

Prince's Lakes town, Indiana

City/Town

Part of

Indianapolis-Carmel-Greenwood, IN

Nearby locations

Nineveh, INCordry Sweetwater Lakes, INTrafalgar, INPleasant View Village, INAmity, IN