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EconPulse

Local economy signal dashboard

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PLACEThriving

Wolcottville, IN

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 score73out of 100
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53
69
100
73
87

Population

1,143

Data freshness

Unknown

GDP / Output

+1.9% YoY

53

$2.6B

Output changed +1.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

69

3.5%

Unemployment is 3.5% for June 2026.

Vintage date unknown

State avg3.3%
U.S. avg4.2%

Population

+19.4% 5-year

100

1,143

Population moved +19.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

73

19.4%

Median rent consumes 19.4% 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

$307.0M

$307.0M 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

$307.0M

$6.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$255.2M
2. Department of Veterans Affairs$19.6M
3. Department of Transportation$19.0M

Top recipients

Dollars
1. INDIANA DEPARTMENT OF TRANSPORTATION$19.0M
2. REDACTED DUE TO PII$5.8M
3. CARRIAGE HOUSE OF KENDALLVILLE$1.4M

Affordable

Housing Affordability

19.4%

of median income

1BR estimate$711
2BR estimate$936
Median income$53,625
Median home value$95,800

ACS context

Quick Facts

Population

1,143

Median age

30.7

Bachelor's degree+

6.8%

Poverty rate

17.4%

Labor force participation

62.9%

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

+3.6%

GDP CAGR

+5.5%

Federal flow

5 years

Population (5 years)
2020957
20211,114
20221,140
20231,126
20241,143
GDP (5 years)
2020$1.9B
2021$2.2B
2022$2.4B
2023$2.5B
2024$2.6B

2-year linear forecast

Predictive Outlook

Population forecast

20241,143
20251,211 *
20261,250 *

R² = 59.7% · * projected

GDP forecast

2024$2.6B
2025$2.8B *
2026$2.9B *

R² = 95.5% · * 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$53,625/yr
Median rent$867/mo
Rent share of income19.4%
Est. mortgage (30yr, 6.5%)$5,813/yr
Mortgage share of income10.8%

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

employment snapshot

Job Market

Unemployment rate3.5%
State avg3.3%
U.S. avg4.2%
Labor force participation62.9%
Poverty rate17.4%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$95,800
Median monthly rent$867
Price-to-rent ratio9.2x

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

composite score

Investment Climate

Investment climateStrong
Composite score71/100
Economic growth53/100
Labor market69/100
Population momentum100/100
Overall stability73/100

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

Location Context

Wolcottville town, Indiana

City/Town

Part of

Kendallville, IN

Nearby locations

Rome City, INAdams Lake, INCree Lake, INBrimfield, INSouth Milford, IN