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EconPulse

Local economy signal dashboard

Saved
PLACEStable

South Mount Vernon, OH

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 score38out of 100
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62
0
0
68
85

Population

589

Data freshness

Unknown

GDP / Output

+3.3% YoY

62

$3.1B

Output changed +3.3% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

0

13.9%

Unemployment is 13.9% for Latest available.

Vintage date unknown

State avg4.8%
U.S. avg5.2%

Population

-24.3% 5-year

0

589

Population moved -24.3% over the latest ACS window.

Vintage date unknown

State population11,810,293
U.S. population334,922,499

Housing

Rent share of income

68

22.5%

Median rent consumes 22.5% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.3K per resident

85

$392.9M

$392.9M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$392.9M

$6.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$324.1M
2. Department of Veterans Affairs$30.1M
3. Department of Transportation$15.6M

Top recipients

Dollars
1. OHIO DEPARTMENT OF TRANSPORTATION$15.6M
2. KNOX METROPOLITAN HOUSING AUTHORITY$4.7M
3. REDACTED DUE TO PII$4.3M

Affordable

Housing Affordability

22.5%

of median income

1BR estimate$909
2BR estimate$1,198
Median income$59,018
Median home valueUnavailable

ACS context

Quick Facts

Population

589

Median age

27.3

Bachelor's degree+

14.0%

Poverty rate

33.1%

Labor force participation

89.8%

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

-5.4%

GDP CAGR

+7.5%

Federal flow

5 years

Population (5 years)
2020778
2021707
2022853
2023702
2024589
GDP (5 years)
2020$2.2B
2021$2.4B
2022$2.7B
2023$3.0B
2024$3.1B

2-year linear forecast

Predictive Outlook

Population forecast

2024589
2025611 *
2026573 *

R² = 38.1% · * projected

GDP forecast

2024$3.1B
2025$3.4B *
2026$3.6B *

R² = 98.0% · * 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$59,018/yr
Median rent$1,109/mo
Rent share of income22.5%

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

employment snapshot

Job Market

Unemployment rate13.9%
State avg4.8%
U.S. avg5.2%
Labor force participation89.8%
Poverty rate33.1%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median monthly rent$1,109

composite score

Investment Climate

Investment climateWeak
Composite score28/100
Economic growth62/100
Labor market0/100
Population momentum0/100
Overall stability38/100

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

Location Context

South Mount Vernon CDP, Ohio

City/Town

Part of

Mount Vernon, OH

Nearby locations

Mount Vernon, OHGambier, OHFredericktown, OHApple Valley, OHHoward, OH