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EconPulse

Local economy signal dashboard

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PLACEThriving

Westminster, LA

Thriving overall. Jobs 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 score76out of 100
Compare
86
100
16
65
100

Population

2,559

Data freshness

Unknown

GDP / Output

+6.8% YoY

86

$47.1B

Output changed +6.8% in 2024.

Vintage date unknown

State growth3.5%
U.S. growth5.3%

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg4.4%
U.S. avg5.2%

Population

-5.7% 5-year

16

2,559

Population moved -5.7% over the latest ACS window.

Vintage date unknown

State population4,611,961
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$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$12.0K per resident

100

$5.5B

$5.5B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$59.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$5.5B

$12.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.9B
2. Department of Education$1.0B
3. Department of Homeland Security$837.3M

Top recipients

Dollars
1. HOMELAND SECURITY & EMERGENCY$806.6M
2. LA DEPT. OF ADMIN$766.1M
3. LOUISIANA STATE UNIVERSITY$157.7M

Affordable

Housing Affordability

25.3%

of median income

1BR estimate$1,215
2BR estimate$1,601
Median income$70,245
Median home value$266,100

ACS context

Quick Facts

Population

2,559

Median age

42.3

Bachelor's degree+

57.6%

Poverty rate

4.5%

Labor force participation

68.1%

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

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

-1.2%

GDP CAGR

+6.8%

Federal flow

5 years

Population (5 years)
20202,713
20212,635
20222,907
20232,810
20242,559
GDP (5 years)
2020$33.9B
2021$37.2B
2022$41.5B
2023$44.1B
2024$47.1B

2-year linear forecast

Predictive Outlook

Population forecast

20242,559
20252,685 *
20262,672 *

R² = 2.3% · * projected

GDP forecast

2024$47.1B
2025$50.8B *
2026$54.2B *

R² = 99.3% · * 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$70,245/yr
Median rent$1,482/mo
Rent share of income25.3%
Est. mortgage (30yr, 6.5%)$16,147/yr
Mortgage share of income23.0%

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

employment snapshot

Job Market

Unemployment rate0.0%
State avg4.4%
U.S. avg5.2%
Labor force participation68.1%
Poverty rate4.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$266,100
Median monthly rent$1,482
Price-to-rent ratio15.0x

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

composite score

Investment Climate

Investment climateStrong
Composite score73/100
Economic growth86/100
Labor market100/100
Population momentum16/100
Overall stability76/100

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

Location Context

Westminster CDP, Louisiana

City/Town

Part of

Baton Rouge, LA

Nearby locations

Inniswold, LAOak Hills Place, LABaton Rouge, LAVillage St. George, LAGardere, LA