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EconPulse

Local economy signal dashboard

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PLACEThriving

Thurman, IA

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

Post on XLinkedIn
Overall score67out of 100
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0
83
100
68
100

Population

217

Data freshness

Unknown

GDP / Output

-9.3% YoY

0

$394.1M

Output changed -9.3% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

83

2.9%

Unemployment is 2.9% for June 2026.

Vintage date unknown

State avg3.6%
U.S. avg5.2%

Population

+26.2% 5-year

100

217

Population moved +26.2% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

68

22.7%

Median rent consumes 22.7% 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

$10.8K per resident

100

$71.3M

$71.3M 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

$71.3M

$10.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$45.1M
2. Department of Transportation$12.4M
3. Department of Agriculture$9.3M

Top recipients

Dollars
1. IOWA DEPARTMENT OF TRANSPORTATION$11.5M
2. REDACTED DUE TO PII$8.2M
3. CITY OF SHENANDOAH$1.8M

Affordable

Housing Affordability

22.7%

of median income

1BR estimate$1,415
2BR estimate$1,863
Median income$91,188
Median home value$107,500

ACS context

Quick Facts

Population

217

Median age

47.1

Bachelor's degree+

10.9%

Poverty rate

5.5%

Labor force participation

61.7%

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

+4.8%

GDP CAGR

+4.5%

Federal flow

5 years

Population (5 years)
2020172
2021173
2022172
2023197
2024217
GDP (5 years)
2020$316.9M
2021$425.7M
2022$437.5M
2023$434.5M
2024$394.1M

2-year linear forecast

Predictive Outlook

Population forecast

2024217
2025220 *
2026232 *

R² = 79.1% · * projected

GDP forecast

2024$394.1M
2025$450.7M *
2026$467.0M *

R² = 26.1% · * 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$91,188/yr
Median rent$1,725/mo
Rent share of income22.7%
Est. mortgage (30yr, 6.5%)$6,523/yr
Mortgage share of income7.2%

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. avg5.2%
Labor force participation61.7%
Poverty rate5.5%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$107,500
Median monthly rent$1,725
Price-to-rent ratio5.2x

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

composite score

Investment Climate

Investment climateModerate
Composite score58/100
Economic growth0/100
Labor market83/100
Population momentum100/100
Overall stability67/100

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

Location Context

Thurman city, Iowa

City/Town

Part of

Iowa

Nearby locations

Bartlett, IAPercival, IALake Waconda, NETabor, IASidney, IA