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EconPulse

Local economy signal dashboard

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PLACEStable

Smithville-Sanders, IN

Stable overall. Federal Funds 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 score64out of 100
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74
55
30
75
92

Population

3,299

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$9.3B

Output changed +5.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

55

4.4%

Unemployment is 4.4% for Latest available.

Vintage date unknown

State avg3.3%
U.S. avg4.1%

Population

-3.3% 5-year

30

3,299

Population moved -3.3% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

75

18.0%

Median rent consumes 18.0% 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

$7.2K per resident

92

$1.0B

$1.0B 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

$1.0B

$7.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$585.1M
2. Department of Energy$108.0M
3. Department of Education$57.2M

Top recipients

Dollars
1. HOOSIER ENERGY RURAL ELECTRIC COOPERATIVE INC$117.2M
2. TRUSTEES OF INDIANA UNIVERSITY$104.3M
3. TRUSTEES OF INDIANA UNIVERSITY$50.7M

Affordable

Housing Affordability

18.0%

of median income

1BR estimate$921
2BR estimate$1,213
Median income$74,750
Median home value$259,100

ACS context

Quick Facts

Population

3,299

Median age

40.9

Bachelor's degree+

38.4%

Poverty rate

5.6%

Labor force participation

70.4%

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

-0.7%

GDP CAGR

+5.2%

Federal flow

5 years

Population (5 years)
20203,411
20213,331
20223,099
20233,228
20243,299
GDP (5 years)
2020$7.3B
2021$7.7B
2022$8.3B
2023$8.9B
2024$9.3B

2-year linear forecast

Predictive Outlook

Population forecast

20243,299
20253,176 *
20263,143 *

R² = 19.3% · * projected

GDP forecast

2024$9.3B
2025$9.9B *
2026$10.5B *

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$74,750/yr
Median rent$1,123/mo
Rent share of income18.0%
Est. mortgage (30yr, 6.5%)$15,722/yr
Mortgage share of income21.0%

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

employment snapshot

Job Market

Unemployment rate4.4%
State avg3.3%
U.S. avg4.1%
Labor force participation70.4%
Poverty rate5.6%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$259,100
Median monthly rent$1,123
Price-to-rent ratio19.2x

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

composite score

Investment Climate

Investment climateModerate
Composite score58/100
Economic growth74/100
Labor market55/100
Population momentum30/100
Overall stability64/100

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

Location Context

Smithville-Sanders CDP, Indiana

City/Town

Part of

Bloomington, IN

Nearby locations

Harrodsburg, INJudah, INBloomington, INStanford, INNeedmore, IN