Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEThriving

Wartrace, TN

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

Post on XLinkedIn
Overall score71out of 100
Compare
100
71
22
73
83

Population

630

Data freshness

Unknown

GDP / Output

+10.4% YoY

100

$2.9B

Output changed +10.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

71

3.7%

Unemployment is 3.7% for June 2026.

Vintage date unknown

State avg4.7%
U.S. avg5.2%

Population

-4.7% 5-year

22

630

Population moved -4.7% over the latest ACS window.

Vintage date unknown

State population7,066,383
U.S. population334,922,499

Housing

Rent share of income

73

19.1%

Median rent consumes 19.1% of median household income: Affordable.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.0K per resident

83

$299.8M

$299.8M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$121.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$299.8M

$6.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$246.4M
2. Department of Veterans Affairs$33.0M
3. Department of Agriculture$8.6M

Top recipients

Dollars
1. REDACTED DUE TO PII$8.1M
2. TENNESSEE DEPARTMENT OF TRANSPORTATION$3.2M
3. SHELBYVILLE HOUSING AUTHORITY$2.6M

Affordable

Housing Affordability

19.1%

of median income

1BR estimate$658
2BR estimate$866
Median income$50,417
Median home value$206,800

ACS context

Quick Facts

Population

630

Median age

32.4

Bachelor's degree+

23.3%

Poverty rate

23.2%

Labor force participation

69.0%

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

-1.0%

GDP CAGR

+7.8%

Federal flow

5 years

Population (5 years)
2020661
2021635
2022656
2023737
2024630
GDP (5 years)
2020$2.0B
2021$2.3B
2022$2.5B
2023$2.6B
2024$2.9B

2-year linear forecast

Predictive Outlook

Population forecast

2024630
2025676 *
2026680 *

R² = 2.2% · * projected

GDP forecast

2024$2.9B
2025$3.1B *
2026$3.3B *

R² = 99.5% · * 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$50,417/yr
Median rent$802/mo
Rent share of income19.1%
Est. mortgage (30yr, 6.5%)$12,548/yr
Mortgage share of income24.9%

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

employment snapshot

Job Market

Unemployment rate3.7%
State avg4.7%
U.S. avg5.2%
Labor force participation69.0%
Poverty rate23.2%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$206,800
Median monthly rent$802
Price-to-rent ratio21.5x

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

composite score

Investment Climate

Investment climateStrong
Composite score70/100
Economic growth100/100
Labor market71/100
Population momentum22/100
Overall stability71/100

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

Location Context

Wartrace town, Tennessee

City/Town

Part of

Shelbyville, TN

Nearby locations

Bell Buckle, TNNormandy, TNShelbyville, TNTullahoma, TNNew Union, TN