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EconPulse

Local economy signal dashboard

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PLACEStable

Rochester Institute Of Technology, NY

Stable overall. Population is the clearest support signal, while housing needs the most attention. Housing reads as severely cost-burdened for a median-income household.

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Overall score65out of 100
Compare
81
68
100
14
100

Population

6,959

Data freshness

Unknown

GDP / Output

+6.0% YoY

81

$65.1B

Output changed +6.0% in 2024.

Vintage date unknown

State growth6.4%
U.S. growth5.3%

Jobs

Unemployment rate

68

3.9%

Unemployment is 3.9% for April 2026.

Vintage date unknown

State avg4.6%
U.S. avg5.2%

Population

+23.8% 5-year

100

6,959

Population moved +23.8% over the latest ACS window.

Vintage date unknown

State population19,852,366
U.S. population334,922,499

Housing

Rent share of income

14

61.6%

Median rent consumes 61.6% of median household income: Severely cost-burdened.

Vintage date unknown

State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$13.0K per resident

100

$9.9B

$9.9B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$262.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$9.9B

$13.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$4.5B
2. Department of Health and Human Services$2.8B
3. Department of Defense$1.7B

Top recipients

Dollars
1. L3HARRIS GLOBAL COMMUNICATIONS, INC.$788.4M
2. L3HARRIS TECHNOLOGIES, INC.$715.8M
3. UNIVERSITY OF ROCHESTER$291.2M

Severely cost-burdened

Housing Affordability

61.6%

of median income

1BR estimate$850
2BR estimate$1,120
Median income$20,192
Median home valueUnavailable

ACS context

Quick Facts

Population

6,959

Median age

19.8

Bachelor's degree+

92.3%

Poverty rate

46.4%

Labor force participation

41.6%

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

April 2026

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

+4.4%

GDP CAGR

+5.4%

Federal flow

5 years

Population (5 years)
20205,622
20215,733
20225,901
20236,339
20246,959
GDP (5 years)
2020$50.1B
2021$54.1B
2022$57.7B
2023$61.4B
2024$65.1B

2-year linear forecast

Predictive Outlook

Population forecast

20246,959
20257,095 *
20267,423 *

R² = 89.9% · * projected

GDP forecast

2024$65.1B
2025$68.9B *
2026$72.6B *

R² = 100.0% · * 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$20,192/yr
Median rent$1,037/mo
Rent share of income61.6%

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

employment snapshot

Job Market

Unemployment rate3.9%
State avg4.6%
U.S. avg5.2%
Labor force participation41.6%
Poverty rate46.4%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median monthly rent$1,037

composite score

Investment Climate

Investment climateStrong
Composite score78/100
Economic growth81/100
Labor market68/100
Population momentum100/100
Overall stability65/100

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

Location Context

Rochester Institute of Technology CDP, New York

City/Town

Part of

Rochester, NY

Nearby locations

Gates, NYBrighton, NYScottsville, NYNorth Gates, NYRochester, NY