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EconPulse

Local economy signal dashboard

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PLACEThriving

Verona, OH

Thriving overall. Population 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 score74out of 100
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30
78
100
84
88

Population

653

Data freshness

Unknown

GDP / Output

-1.2% YoY

30

$1.6B

Output changed -1.2% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

78

3.2%

Unemployment is 3.2% for June 2026.

Vintage date unknown

State avg4.8%
U.S. avg5.2%

Population

+14.0% 5-year

100

653

Population moved +14.0% over the latest ACS window.

Vintage date unknown

State population11,810,293
U.S. population334,922,499

Housing

Rent share of income

84

11.4%

Median rent consumes 11.4% 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

$6.7K per resident

88

$273.7M

$273.7M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$273.7M

$6.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$233.9M
2. Department of Veterans Affairs$22.3M
3. Department of Agriculture$9.6M

Top recipients

Dollars
1. REDACTED DUE TO PII$9.2M
2. OHIO DEPARTMENT OF TRANSPORTATION$5.6M
3. VILLAGE SOUTH ASSOCIATES LP$369.0K

Affordable

Housing Affordability

11.4%

of median income

1BR estimate$514
2BR estimate$677
Median income$66,250
Median home value$153,600

ACS context

Quick Facts

Population

653

Median age

38.9

Bachelor's degree+

10.8%

Poverty rate

9.3%

Labor force participation

67.6%

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

+2.6%

GDP CAGR

+5.2%

Federal flow

5 years

Population (5 years)
2020573
2021600
2022631
2023561
2024653
GDP (5 years)
2020$1.2B
2021$1.4B
2022$1.6B
2023$1.6B
2024$1.6B

2-year linear forecast

Predictive Outlook

Population forecast

2024653
2025640 *
2026652 *

R² = 24.6% · * projected

GDP forecast

2024$1.6B
2025$1.7B *
2026$1.8B *

R² = 77.5% · * 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$66,250/yr
Median rent$627/mo
Rent share of income11.4%
Est. mortgage (30yr, 6.5%)$9,320/yr
Mortgage share of income14.1%

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

employment snapshot

Job Market

Unemployment rate3.2%
State avg4.8%
U.S. avg5.2%
Labor force participation67.6%
Poverty rate9.3%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$153,600
Median monthly rent$627
Price-to-rent ratio20.4x

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

composite score

Investment Climate

Investment climateStrong
Composite score67/100
Economic growth30/100
Labor market78/100
Population momentum100/100
Overall stability74/100

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

Location Context

Verona village, Ohio

City/Town

Part of

Ohio

Nearby locations

Gordon, OHIthaca, OHLewisburg, OHPhillipsburg, OHPitsburg, OH