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EconPulse

Local economy signal dashboard

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PLACEThriving

Winona Lake, IN

Thriving overall. Federal Funds 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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62
77
72
77
87

Population

5,080

Data freshness

Unknown

GDP / Output

+3.3% YoY

62

$7.8B

Output changed +3.3% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

77

3.3%

Unemployment is 3.3% for June 2026.

Vintage date unknown

State avg3.3%
U.S. avg5.2%

Population

+3.6% 5-year

72

5,080

Population moved +3.6% over the latest ACS window.

Vintage date unknown

State population6,851,073
U.S. population334,922,499

Housing

Rent share of income

77

16.5%

Median rent consumes 16.5% 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

$6.5K per resident

87

$522.6M

$522.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$207.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$522.6M

$6.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$443.1M
2. Department of Veterans Affairs$25.8M
3. Department of Defense$22.8M

Top recipients

Dollars
1. ZIMMER US INC$22.9M
2. INDIANA DEPARTMENT OF TRANSPORTATION$8.2M
3. REDACTED DUE TO PII$8.1M

Affordable

Housing Affordability

16.5%

of median income

1BR estimate$928
2BR estimate$1,223
Median income$82,188
Median home value$274,500

ACS context

Quick Facts

Population

5,080

Median age

28.9

Bachelor's degree+

50.6%

Poverty rate

8.0%

Labor force participation

67.2%

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

+0.7%

GDP CAGR

+4.9%

Federal flow

5 years

Population (5 years)
20204,902
20215,059
20225,077
20235,073
20245,080
GDP (5 years)
2020$6.2B
2021$6.7B
2022$7.0B
2023$7.6B
2024$7.8B

2-year linear forecast

Predictive Outlook

Population forecast

20245,080
20255,149 *
20265,186 *

R² = 58.4% · * projected

GDP forecast

2024$7.8B
2025$8.3B *
2026$8.7B *

R² = 98.6% · * 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$82,188/yr
Median rent$1,132/mo
Rent share of income16.5%
Est. mortgage (30yr, 6.5%)$16,656/yr
Mortgage share of income20.3%

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

employment snapshot

Job Market

Unemployment rate3.3%
State avg3.3%
U.S. avg5.2%
Labor force participation67.2%
Poverty rate8.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$274,500
Median monthly rent$1,132
Price-to-rent ratio20.2x

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

composite score

Investment Climate

Investment climateStrong
Composite score71/100
Economic growth62/100
Labor market77/100
Population momentum72/100
Overall stability74/100

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

Location Context

Winona Lake town, Indiana

City/Town

Part of

Warsaw, IN

Nearby locations

Warsaw, INWooster, INPierceton, INClaypool, INBarbee, IN