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EconPulse

Local economy signal dashboard

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PLACEStable

Atwater, MN

Stable overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score57out of 100
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69
0
83
82
100

Population

1,203

Data freshness

Unknown

GDP / Output

+4.2% YoY

69

$3.1B

Output changed +4.2% in 2024.

Vintage date unknown

State growth5.1%
U.S. growth5.3%

Jobs

Unemployment rate

0

8.7%

Unemployment is 8.7% for Latest available.

Vintage date unknown

State avg4.1%
U.S. avg5.2%

Population

+5.4% 5-year

83

1,203

Population moved +5.4% over the latest ACS window.

Vintage date unknown

State population5,739,445
U.S. population334,922,499

Housing

Rent share of income

82

13.0%

Median rent consumes 13.0% 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

$9.5K per resident

100

$417.1M

$417.1M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$242.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$417.1M

$9.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$241.7M
2. Department of Agriculture$97.3M
3. Department of Transportation$28.7M

Top recipients

Dollars
1. JENNIE-O TURKEY STORE INC$55.0M
2. REDACTED DUE TO PII$38.1M
3. MINNESOTA DEPARTMENT OF TRANSPORTATION$21.3M

Affordable

Housing Affordability

13.0%

of median income

1BR estimate$630
2BR estimate$829
Median income$71,042
Median home value$159,900

ACS context

Quick Facts

Population

1,203

Median age

33.1

Bachelor's degree+

18.0%

Poverty rate

5.5%

Labor force participation

76.3%

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

+1.1%

GDP CAGR

+6.4%

Federal flow

5 years

Population (5 years)
20201,141
20211,136
20221,210
20231,217
20241,203
GDP (5 years)
2020$2.3B
2021$2.5B
2022$2.8B
2023$3.0B
2024$3.1B

2-year linear forecast

Predictive Outlook

Population forecast

20241,203
20251,243 *
20261,263 *

R² = 67.3% · * projected

GDP forecast

2024$3.1B
2025$3.4B *
2026$3.6B *

R² = 98.3% · * 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$71,042/yr
Median rent$768/mo
Rent share of income13.0%
Est. mortgage (30yr, 6.5%)$9,702/yr
Mortgage share of income13.7%

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

employment snapshot

Job Market

Unemployment rate8.7%
State avg4.1%
U.S. avg5.2%
Labor force participation76.3%
Poverty rate5.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$159,900
Median monthly rent$768
Price-to-rent ratio17.4x

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

composite score

Investment Climate

Investment climateModerate
Composite score52/100
Economic growth69/100
Labor market0/100
Population momentum83/100
Overall stability57/100

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

Location Context

Atwater city, Minnesota

City/Town

Part of

Willmar, MN

Nearby locations

Grove City, MNKandiyohi, MNSpicer, MNLitchfield, MNWillmar, MN