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EconPulse

Local economy signal dashboard

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PLACEStable

West Point, KY

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score49out of 100
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57
32
10
65
100

Population

1,025

Data freshness

Unknown

GDP / Output

+2.6% YoY

57

$7.3B

Output changed +2.6% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

32

6.3%

Unemployment is 6.3% for June 2026.

Vintage date unknown

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

Population

-6.6% 5-year

10

1,025

Population moved -6.6% over the latest ACS window.

Vintage date unknown

State population4,534,824
U.S. population334,922,499

Housing

Rent share of income

65

25.3%

Median rent consumes 25.3% of median household income: Affordable.

Vintage date unknown

State rent$967
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$11.8K per resident

100

$1.3B

$1.3B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$173.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.3B

$11.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$513.7M
2. Department of Defense$415.4M
3. Department of Veterans Affairs$316.9M

Top recipients

Dollars
1. CHOCTAW PREMIER SERVICES LLC$38.7M
2. PROFESSIONAL CONTRACT SERVICES, INC.$37.1M
3. HARDIN COUNTY WATER DISTRICT NO. 1$21.8M

Affordable

Housing Affordability

25.3%

of median income

1BR estimate$646
2BR estimate$851
Median income$37,449
Median home value$91,000

ACS context

Quick Facts

Population

1,025

Median age

36.3

Bachelor's degree+

14.9%

Poverty rate

32.1%

Labor force participation

58.1%

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

-1.4%

GDP CAGR

+5.9%

Federal flow

5 years

Population (5 years)
20201,098
20211,071
20221,073
20231,131
20241,025
GDP (5 years)
2020$5.5B
2021$6.0B
2022$6.6B
2023$7.2B
2024$7.3B

2-year linear forecast

Predictive Outlook

Population forecast

20241,025
20251,054 *
20261,045 *

R² = 12.2% · * projected

GDP forecast

2024$7.3B
2025$8.0B *
2026$8.5B *

R² = 97.7% · * 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$37,449/yr
Median rent$788/mo
Rent share of income25.3%
Est. mortgage (30yr, 6.5%)$5,522/yr
Mortgage share of income14.7%

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

employment snapshot

Job Market

Unemployment rate6.3%
State avg4.7%
U.S. avg5.2%
Labor force participation58.1%
Poverty rate32.1%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$91,000
Median monthly rent$788
Price-to-rent ratio9.6x

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

composite score

Investment Climate

Investment climateModerate
Composite score39/100
Economic growth57/100
Labor market32/100
Population momentum10/100
Overall stability49/100

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

Location Context

West Point city, Kentucky

City/Town

Part of

Elizabethtown, KY

Nearby locations

Muldraugh, KYFort Knox, KYLaconia, INDoe Valley, KYElizabeth, IN