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EconPulse

Local economy signal dashboard

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PLACEThriving

Storm Lake, IA

Thriving overall. Population is the clearest support signal, while housing needs the most attention. Housing reads as affordable for a median-income household.

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Overall score85out of 100
Compare
96
78
100
76
85

Population

11,428

Data freshness

Unknown

GDP / Output

+8.2% YoY

96

$1.9B

Output changed +8.2% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

78

2.9%

Unemployment is 2.9% for June 2026.

Vintage date unknown

State avg3.6%
U.S. avg4.2%

Population

+8.8% 5-year

100

11,428

Population moved +8.8% over the latest ACS window.

Vintage date unknown

State population3,210,507
U.S. population334,922,499

Housing

Rent share of income

76

17.2%

Median rent consumes 17.2% of median household income: Affordable.

Vintage date unknown

State rent$972
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

$130.8M

$130.8M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$36.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$130.8M

$6.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$89.7M
2. Department of Agriculture$20.8M
3. Department of Veterans Affairs$7.8M

Top recipients

Dollars
1. REDACTED DUE TO PII$20.2M
2. BUENA VISTA UNIVERSITY$5.4M
3. IOWA DEPARTMENT OF TRANSPORTATION$4.3M

Affordable

Housing Affordability

17.2%

of median income

1BR estimate$736
2BR estimate$970
Median income$62,765
Median home value$172,200

ACS context

Quick Facts

Population

11,428

Median age

30.9

Bachelor's degree+

18.9%

Poverty rate

7.0%

Labor force participation

70.3%

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

June 2026

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

+1.7%

GDP CAGR

+8.2%

Federal flow

5 years

Population (5 years)
202010,508
202111,166
202211,194
202311,275
202411,428
GDP (5 years)
2020$1.3B
2021$1.5B
2022$1.7B
2023$1.8B
2024$1.9B

2-year linear forecast

Predictive Outlook

Population forecast

202411,428
202511,699 *
202611,894 *

R² = 75.8% · * projected

GDP forecast

2024$1.9B
2025$2.1B *
2026$2.3B *

R² = 95.5% · * 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$62,765/yr
Median rent$898/mo
Rent share of income17.2%
Est. mortgage (30yr, 6.5%)$10,449/yr
Mortgage share of income16.6%

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

employment snapshot

Job Market

Unemployment rate2.9%
State avg3.6%
U.S. avg4.2%
Labor force participation70.3%
Poverty rate7.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$172,200
Median monthly rent$898
Price-to-rent ratio16.0x

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

composite score

Investment Climate

Investment climateStrong
Composite score90/100
Economic growth96/100
Labor market78/100
Population momentum100/100
Overall stability85/100

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

Location Context

Storm Lake city, Iowa

City/Town

Part of

Storm Lake, IA

Nearby locations

Lakeside, IAAlta, IATruesdale, IANewell, IANemaha, IA