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EconPulse

Local economy signal dashboard

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PLACEThriving

Steelville, MO

Thriving overall. Population 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 score74out of 100
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68
62
100
68
93

Population

1,665

Data freshness

Unknown

GDP / Output

+4.2% YoY

68

$964.7M

Output changed +4.2% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

62

4.3%

Unemployment is 4.3% for Latest available.

Vintage date unknown

State avg4.0%
U.S. avg5.2%

Population

+12.1% 5-year

100

1,665

Population moved +12.1% over the latest ACS window.

Vintage date unknown

State population6,191,814
U.S. population334,922,499

Housing

Rent share of income

68

22.8%

Median rent consumes 22.8% 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

$7.3K per resident

93

$167.5M

$167.5M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$93.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$167.5M

$7.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$140.6M
2. Department of Veterans Affairs$16.0M
3. Department of Transportation$3.4M

Top recipients

Dollars
1. MISSOURI DEPARTMENT OF TRANSPORTATION$3.4M
2. REDACTED DUE TO PII$2.3M
3. CRAWFORD COUNTY, MISSOURI, PUBLIC FACILITIES CORPORATION$1.5M

Affordable

Housing Affordability

22.8%

of median income

1BR estimate$491
2BR estimate$647
Median income$31,552
Median home value$92,500

ACS context

Quick Facts

Population

1,665

Median age

38.1

Bachelor's degree+

12.9%

Poverty rate

34.8%

Labor force participation

42.0%

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

+2.3%

GDP CAGR

+7.1%

Federal flow

5 years

Population (5 years)
20201,485
20211,607
20221,515
20231,410
20241,665
GDP (5 years)
2020$685.9M
2021$765.4M
2022$837.5M
2023$925.8M
2024$964.7M

2-year linear forecast

Predictive Outlook

Population forecast

20241,665
20251,585 *
20261,602 *

R² = 6.5% · * projected

GDP forecast

2024$964.7M
2025$1.1B *
2026$1.1B *

R² = 98.9% · * 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$31,552/yr
Median rent$599/mo
Rent share of income22.8%
Est. mortgage (30yr, 6.5%)$5,613/yr
Mortgage share of income17.8%

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

employment snapshot

Job Market

Unemployment rate4.3%
State avg4.0%
U.S. avg5.2%
Labor force participation42.0%
Poverty rate34.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$92,500
Median monthly rent$599
Price-to-rent ratio12.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score74/100
Economic growth68/100
Labor market62/100
Population momentum100/100
Overall stability74/100

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

Location Context

Steelville city, Missouri

City/Town

Part of

Missouri

Nearby locations

Cuba, MOLeasburg, MOIndian Lake, MOBourbon, MOSt. James, MO