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EconPulse

Local economy signal dashboard

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PLACEThriving

Tuscola, IL

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

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Overall score82out of 100
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56
100
77
81
91

Population

4,808

Data freshness

Unknown

GDP / Output

+2.4% YoY

56

$1.4B

Output changed +2.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

1.1%

Unemployment is 1.1% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

+4.5% 5-year

77

4,808

Population moved +4.5% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

81

13.8%

Median rent consumes 13.8% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.0K per resident

91

$137.8M

$137.8M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$137.8M

$7.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$95.5M
2. Department of Transportation$21.5M
3. Department of Veterans Affairs$9.3M

Top recipients

Dollars
1. ILLINOIS DEPARTMENT OF TRANSPORTATION$21.5M
2. REDACTED DUE TO PII$7.9M
3. COUNTRY PLACE APARTMENTS VILLA GROVE$146.9K

Affordable

Housing Affordability

13.8%

of median income

1BR estimate$739
2BR estimate$973
Median income$78,179
Median home value$154,300

ACS context

Quick Facts

Population

4,808

Median age

35.7

Bachelor's degree+

24.5%

Poverty rate

7.1%

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

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

+0.9%

GDP CAGR

+7.0%

Federal flow

5 years

Population (5 years)
20204,599
20214,769
20224,707
20234,675
20244,808
GDP (5 years)
2020$1.0B
2021$1.2B
2022$1.5B
2023$1.4B
2024$1.4B

2-year linear forecast

Predictive Outlook

Population forecast

20244,808
20254,809 *
20264,841 *

R² = 39.4% · * projected

GDP forecast

2024$1.4B
2025$1.6B *
2026$1.7B *

R² = 72.3% · * 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$78,179/yr
Median rent$901/mo
Rent share of income13.8%
Est. mortgage (30yr, 6.5%)$9,363/yr
Mortgage share of income12.0%

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

employment snapshot

Job Market

Unemployment rate1.1%
State avg5.1%
U.S. avg5.2%
Labor force participation70.3%
Poverty rate7.1%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$154,300
Median monthly rent$901
Price-to-rent ratio14.3x

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

composite score

Investment Climate

Investment climateStrong
Composite score78/100
Economic growth56/100
Labor market100/100
Population momentum77/100
Overall stability82/100

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

Location Context

Tuscola city, Illinois

City/Town

Part of

Illinois

Nearby locations

Camargo, ILVilla Grove, ILGarrett, ILArcola, ILPesotum, IL