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EconPulse

Local economy signal dashboard

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PLACEStable

Somers, WI

Stable overall. Federal Funds 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 score47out of 100
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74
0
41
70
86

Population

8,216

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$10.4B

Output changed +5.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

8.4%

Unemployment is 8.4% for Latest available.

Vintage date unknown

State avg3.2%
U.S. avg5.2%

Population

-1.6% 5-year

41

8,216

Population moved -1.6% over the latest ACS window.

Vintage date unknown

State population5,914,872
U.S. population334,922,499

Housing

Rent share of income

70

21.7%

Median rent consumes 21.7% 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

$6.4K per resident

86

$1.1B

$1.1B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$113.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.1B

$6.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$865.4M
2. Department of Veterans Affairs$88.8M
3. Department of Housing and Urban Development$31.2M

Top recipients

Dollars
1. IDSC HOLDINGS LLC$22.6M
2. CITY OF KENOSHA$16.5M
3. WISCONSIN DEPARTMENT OF TRANSPORTATION$14.5M

Affordable

Housing Affordability

21.7%

of median income

1BR estimate$1,193
2BR estimate$1,571
Median income$80,488
Median home value$315,300

ACS context

Quick Facts

Population

8,216

Median age

34.9

Bachelor's degree+

42.0%

Poverty rate

8.7%

Labor force participation

61.4%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

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

-0.3%

GDP CAGR

+6.0%

Federal flow

5 years

Population (5 years)
20208,348
20218,354
20228,303
20238,245
20248,216
GDP (5 years)
2020$7.8B
2021$8.5B
2022$9.3B
2023$9.9B
2024$10.4B

2-year linear forecast

Predictive Outlook

Population forecast

20248,216
20258,181 *
20268,144 *

R² = 92.3% · * projected

GDP forecast

2024$10.4B
2025$11.2B *
2026$11.9B *

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$80,488/yr
Median rent$1,455/mo
Rent share of income21.7%
Est. mortgage (30yr, 6.5%)$19,132/yr
Mortgage share of income23.8%

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

employment snapshot

Job Market

Unemployment rate8.4%
State avg3.2%
U.S. avg5.2%
Labor force participation61.4%
Poverty rate8.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$315,300
Median monthly rent$1,455
Price-to-rent ratio18.1x

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

composite score

Investment Climate

Investment climateModerate
Composite score42/100
Economic growth74/100
Labor market0/100
Population momentum41/100
Overall stability47/100

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

Location Context

Somers village, Wisconsin

City/Town

Part of

Kenosha, WI

Nearby locations

Sturtevant, WIKenosha, WIMount Pleasant, WIElmwood Park, WIRacine, WI