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EconPulse

Local economy signal dashboard

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PLACEStable

Richgrove, CA

Stable 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 score42out of 100
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84
0
11
64
77

Population

1,960

Data freshness

Unknown

GDP / Output

+6.4% YoY

84

$25.4B

Output changed +6.4% in 2024.

Vintage date unknown

State growth5.8%
U.S. growth5.3%

Jobs

Unemployment rate

0

11.6%

Unemployment is 11.6% for Latest available.

Vintage date unknown

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

Population

-6.6% 5-year

11

1,960

Population moved -6.6% over the latest ACS window.

Vintage date unknown

State population39,287,377
U.S. population334,922,499

Housing

Rent share of income

64

25.7%

Median rent consumes 25.7% of median household income: Affordable.

Vintage date unknown

State rent$2.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$5.2K per resident

77

$2.5B

$2.5B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$485.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$2.5B

$5.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.5B
2. Department of Agriculture$276.4M
3. Department of Transportation$205.9M

Top recipients

Dollars
1. DEPARTMENT OF TRANSPORTATION CALIFORNIA$156.6M
2. REDACTED DUE TO PII$143.8M
3. HOUSING AUTHORITY OF COUNTY OF TULARE$45.5M

Affordable

Housing Affordability

25.7%

of median income

1BR estimate$788
2BR estimate$1,038
Median income$44,950
Median home value$203,500

ACS context

Quick Facts

Population

1,960

Median age

27.0

Bachelor's degree+

1.9%

Poverty rate

32.8%

Labor force participation

59.5%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-15

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

-1.4%

GDP CAGR

+6.0%

Federal flow

5 years

Population (5 years)
20202,098
20211,830
20221,837
20232,136
20241,960
GDP (5 years)
2020$19.0B
2021$20.8B
2022$22.8B
2023$23.9B
2024$25.4B

2-year linear forecast

Predictive Outlook

Population forecast

20241,960
20251,981 *
20261,984 *

R² = 0.1% · * projected

GDP forecast

2024$25.4B
2025$27.2B *
2026$28.8B *

R² = 99.1% · * 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$44,950/yr
Median rent$961/mo
Rent share of income25.7%
Est. mortgage (30yr, 6.5%)$12,348/yr
Mortgage share of income27.5%

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

employment snapshot

Job Market

Unemployment rate11.6%
State avg5.1%
U.S. avg5.2%
Labor force participation59.5%
Poverty rate32.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$203,500
Median monthly rent$961
Price-to-rent ratio17.6x

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

composite score

Investment Climate

Investment climateModerate
Composite score38/100
Economic growth84/100
Labor market0/100
Population momentum11/100
Overall stability42/100

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

Location Context

Richgrove CDP, California

City/Town

Part of

Visalia, CA

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