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EconPulse

Local economy signal dashboard

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COUNTYStable

Kane County, IL

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 score63out of 100
Compare
71
54
34
76
88

Population

517,255

Data freshness

Unknown

GDP / Output

+4.5% YoY

71

$37.1B

Output changed +4.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

54

4.8%

Unemployment is 4.8% for Latest available.

Vintage date unknown

State avg5.8%
U.S. avg5.2%
BLS local unemployment unavailable; Census ACS fallback used if available.

Population

-2.7% 5-year

34

517,255

Population moved -2.7% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

76

16.9%

Median rent consumes 16.9% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.6K per resident

88

$3.4B

$3.4B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$3.4B

$6.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$2.3B
2. Department of Energy$807.8M
3. Department of Veterans Affairs$129.3M

Top recipients

Dollars
1. FERMI FORWARD DISCOVERY GROUP, LLC$1.7B
2. ILLINOIS DEPARTMENT OF TRANSPORTATION$30.3M
3. AURORA HOUSING AUTHORITY$21.8M

Affordable

Housing Affordability

16.9%

of median income

1BR estimate$1,191
2BR estimate$1,569
Median income$103,163
Median home value$327,000

ACS context

Quick Facts

Population

517,255

Median age

38.8

Bachelor's degree+

38.1%

Poverty rate

7.9%

Labor force participation

69.5%

Prime rate

Unavailable

CPI YoY

Unavailable

U.S. GDP YoY

Unavailable

Sources and warnings

Data Provenance

Census ACS 5-year

2024

Census ACS fallback

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

Latest available

HUD Fair Market Rent

Latest available

Data notes
  • BLS local unemployment unavailable; Census ACS fallback used if available.
  • BLS national unemployment unavailable; Census ACS fallback used if available.
  • FRED unavailable: HTTP 429 for https://api.stlouisfed.org/fred/series/observations?series_id=GDP&api_key=1fe2fc9c38be12b27d18aaa28a0a6a40&file_type=json&sort_order=desc&limit=6
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-0.6%

GDP CAGR

+5.9%

Federal flow

5 years

Population (5 years)
2020531,756
2021518,648
2022517,254
2023516,097
2024517,255
GDP (5 years)
2020$27.9B
2021$30.6B
2022$33.4B
2023$35.4B
2024$37.1B

2-year linear forecast

Predictive Outlook

Population forecast

2024517,255
2025510,736 *
2026507,581 *

R² = 58.5% · * projected

GDP forecast

2024$37.1B
2025$39.8B *
2026$42.2B *

R² = 98.7% · * 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$103,163/yr
Median rent$1,453/mo
Rent share of income16.9%
Est. mortgage (30yr, 6.5%)$19,842/yr
Mortgage share of income19.2%

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

employment snapshot

Job Market

Unemployment rate4.8%
State avg5.8%
U.S. avg5.2%
Labor force participation69.5%
Poverty rate7.9%

Data from Census ACS fallback. Latest available.

valuation snapshot

Real Estate

Median home value$327,000
Median monthly rent$1,453
Price-to-rent ratio18.8x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score57/100
Economic growth71/100
Labor market54/100
Population momentum34/100
Overall stability63/100

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

Location Context

Kane County, Illinois

County

Part of

Chicago-Naperville-Elgin, IL-IN

Nearby locations

Campton Hills, ILLily Lake, ILElburn, ILVirgil, ILSt. Charles, IL