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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Sulphur Springs, IN

Stable 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 score53out of 100
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60
0
100
67
91

Population

454

Data freshness

Unknown

GDP / Output

+3.0% YoY

60

$2.0B

Output changed +3.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

12.6%

Unemployment is 12.6% for Latest available.

Vintage date unknown

State avg3.3%
U.S. avg5.2%

Population

+11.0% 5-year

100

454

Population moved +11.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

67

23.3%

Median rent consumes 23.3% 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

$6.9K per resident

91

$339.7M

$339.7M 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

$339.7M

$6.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$290.8M
2. Department of Veterans Affairs$22.6M
3. Department of Transportation$12.6M

Top recipients

Dollars
1. INDIANA DEPARTMENT OF TRANSPORTATION$11.4M
2. REDACTED DUE TO PII$4.6M
3. NEW CASTLE HOUSING AUTHORITY$3.1M

Affordable

Housing Affordability

23.3%

of median income

1BR estimate$814
2BR estimate$1,072
Median income$51,250
Median home value$139,300

ACS context

Quick Facts

Population

454

Median age

48.1

Bachelor's degree+

38.5%

Poverty rate

9.5%

Labor force participation

48.8%

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

+2.1%

GDP CAGR

+6.7%

Federal flow

5 years

Population (5 years)
2020409
2021448
2022454
2023466
2024454
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.9B
2023$2.0B
2024$2.0B

2-year linear forecast

Predictive Outlook

Population forecast

2024454
2025479 *
2026489 *

R² = 61.4% · * projected

GDP forecast

2024$2.0B
2025$2.2B *
2026$2.4B *

R² = 94.3% · * 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$51,250/yr
Median rent$993/mo
Rent share of income23.3%
Est. mortgage (30yr, 6.5%)$8,453/yr
Mortgage share of income16.5%

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

employment snapshot

Job Market

Unemployment rate12.6%
State avg3.3%
U.S. avg5.2%
Labor force participation48.8%
Poverty rate9.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$139,300
Median monthly rent$993
Price-to-rent ratio11.7x

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

composite score

Investment Climate

Investment climateModerate
Composite score51/100
Economic growth60/100
Labor market0/100
Population momentum100/100
Overall stability53/100

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

Location Context

Sulphur Springs town, Indiana

City/Town

Part of

New Castle, IN

Nearby locations

Mount Summit, INCadiz, INSpringport, INWestwood, INOakville, IN