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EconPulse

Local economy signal dashboard

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COUNTYStable

Lucas County, OH

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
48
63
47
75
91

Population

428,018

Data freshness

Unknown

GDP / Output

+1.3% YoY

48

$33.4B

Output changed +1.3% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

63

3.9%

Unemployment is 3.9% for May 2026.

Vintage date unknown

State avg3.6%
U.S. avg4.2%

Population

-0.5% 5-year

47

428,018

Population moved -0.5% over the latest ACS window.

Vintage date unknown

State population11,810,293
U.S. population334,922,499

Housing

Rent share of income

75

18.0%

Median rent consumes 18.0% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.0K per resident

91

$3.0B

$3.0B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$3.0B

$7.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$2.2B
2. Department of Health and Human Services$301.9M
3. Department of Veterans Affairs$143.0M

Top recipients

Dollars
1. OHIO DEPARTMENT OF TRANSPORTATION$73.4M
2. LUCAS METROPOLITAN HOUSING AUTHORITY$61.6M
3. LIBBEY GLASS LLC$44.4M

Affordable

Housing Affordability

18.0%

of median income

1BR estimate$766
2BR estimate$1,009
Median income$62,224
Median home value$163,900

ACS context

Quick Facts

Population

428,018

Median age

38.5

Bachelor's degree+

29.4%

Poverty rate

17.7%

Labor force participation

63.0%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.1%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

May 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-16

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

-0.1%

GDP CAGR

+6.3%

Federal flow

5 years

Population (5 years)
2020430,319
2021431,212
2022430,014
2023428,748
2024428,018
GDP (5 years)
2020$24.6B
2021$28.7B
2022$31.8B
2023$33.0B
2024$33.4B

2-year linear forecast

Predictive Outlook

Population forecast

2024428,018
2025427,542 *
2026426,836 *

R² = 76.9% · * projected

GDP forecast

2024$33.4B
2025$36.8B *
2026$39.0B *

R² = 88.3% · * 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$62,224/yr
Median rent$934/mo
Rent share of income18.0%
Est. mortgage (30yr, 6.5%)$9,945/yr
Mortgage share of income16.0%

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

employment snapshot

Job Market

Unemployment rate3.9%
State avg3.6%
U.S. avg4.2%
Labor force participation63.0%
Poverty rate17.7%

Data from BLS LAUS / CPS. May 2026.

valuation snapshot

Real Estate

Median home value$163,900
Median monthly rent$934
Price-to-rent ratio14.6x

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

composite score

Investment Climate

Investment climateModerate
Composite score55/100
Economic growth48/100
Labor market63/100
Population momentum47/100
Overall stability63/100

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

Location Context

Lucas County, Ohio

County

Part of

Toledo, OH

Nearby locations

Harbor View, OHOregon, OHNorthwood, OHToledo, OHWalbridge, OH