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EconPulse

Local economy signal dashboard

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PLACEThriving

Richland Hills, TX

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

Post on XLinkedIn
Overall score71out of 100
Compare
83
52
87
62
100

Population

8,493

Data freshness

Unknown

GDP / Output

+6.2% YoY

83

$178.0B

Output changed +6.2% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

52

4.6%

Unemployment is 4.6% for July 2026.

Vintage date unknown

State avg4.5%
U.S. avg4.1%

Population

+6.2% 5-year

87

8,493

Population moved +6.2% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

62

26.8%

Median rent consumes 26.8% of median household income: Affordable.

Vintage date unknown

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

Federal Funds

$20.6K per resident

100

$43.4B

$43.4B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$43.4B

$20.6K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Defense$33.0B
2. Social Security Administration$7.6B
3. Department of Veterans Affairs$1.4B

Top recipients

Dollars
1. LOCKHEED MARTIN CORPORATION$30.5B
2. BELL TEXTRON INC$1.5B
3. CAE USA INC.$270.0M

Affordable

Housing Affordability

26.8%

of median income

1BR estimate$1,223
2BR estimate$1,611
Median income$66,721
Median home value$248,100

ACS context

Quick Facts

Population

8,493

Median age

41.5

Bachelor's degree+

16.7%

Poverty rate

8.5%

Labor force participation

67.7%

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

July 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-09

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

+1.2%

GDP CAGR

+8.1%

Federal flow

N/A

Population (5 years)
20207,999
20218,505
20228,513
20238,473
20248,493
GDP (5 years)
2020$120.6B
2021$135.4B
2022$152.1B
2023$167.6B
2024$178.0B

2-year linear forecast

Predictive Outlook

Population forecast

20248,493
20258,683 *
20268,779 *

R² = 46.0% · * projected

GDP forecast

2024$178.0B
2025$194.8B *
2026$209.5B *

R² = 99.5% · * 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$66,721/yr
Median rent$1,492/mo
Rent share of income26.8%
Est. mortgage (30yr, 6.5%)$15,054/yr
Mortgage share of income22.6%

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

employment snapshot

Job Market

Unemployment rate4.6%
State avg4.5%
U.S. avg4.1%
Labor force participation67.7%
Poverty rate8.5%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$248,100
Median monthly rent$1,492
Price-to-rent ratio13.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score73/100
Economic growth83/100
Labor market52/100
Population momentum87/100
Overall stability71/100

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

Location Context

Richland Hills city, Texas

City/Town

Part of

Dallas-Fort Worth-Arlington, TX

Nearby locations

Haltom City, TXHurst, TXNorth Richland Hills, TXWatauga, TXBedford, TX