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EconPulse

Local economy signal dashboard

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PLACEThriving

Baudette, MN

Thriving overall. Jobs is the clearest support signal, while housing needs the most attention. Housing reads as affordable for a median-income household.

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Overall score92out of 100
Compare
92
100
100
79
NA

Population

1,139

Data freshness

Unknown

GDP / Output

+7.6% YoY

92

$242.0M

Output changed +7.6% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.4%

Unemployment is 0.4% for Latest available.

Vintage date unknown

State avg4.5%
U.S. avg5.2%

Population

+14.9% 5-year

100

1,139

Population moved +14.9% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

79

15.2%

Median rent consumes 15.2% 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

Unavailable per resident

NA

Unavailable

Federal spending data is unavailable for this geography.

Vintage date unknown

State total$242.1B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

Unavailable

No federal obligations were reported for this geography.

Top agencies

Dollars

No agencies reported.

Top recipients

Dollars

No recipients reported.

Affordable

Housing Affordability

15.2%

of median income

1BR estimate$737
2BR estimate$971
Median income$71,061
Median home value$173,600

ACS context

Quick Facts

Population

1,139

Median age

41.6

Bachelor's degree+

42.5%

Poverty rate

3.7%

Labor force participation

70.6%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-16

HUD Fair Market Rent

Latest available

Data notes
  • USAspending federal inflow temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+2.8%

GDP CAGR

+3.4%

Federal flow

N/A

Population (5 years)
2020991
20211,022
20221,129
20231,117
20241,139
GDP (5 years)
2020$204.5M
2021$222.7M
2022$231.6M
2023$224.9M
2024$242.0M

2-year linear forecast

Predictive Outlook

Population forecast

20241,139
20251,197 *
20261,236 *

R² = 82.5% · * projected

GDP forecast

2024$242.0M
2025$248.3M *
2026$256.0M *

R² = 78.7% · * 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$71,061/yr
Median rent$899/mo
Rent share of income15.2%
Est. mortgage (30yr, 6.5%)$10,534/yr
Mortgage share of income14.8%

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

employment snapshot

Job Market

Unemployment rate0.4%
State avg4.5%
U.S. avg5.2%
Labor force participation70.6%
Poverty rate3.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$173,600
Median monthly rent$899
Price-to-rent ratio16.1x

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

composite score

Investment Climate

Investment climateStrong
Composite score96/100
Economic growth92/100
Labor market100/100
Population momentum100/100
Overall stability92/100

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

Location Context

Baudette city, Minnesota

City/Town

Part of

Minnesota

Nearby locations

Williams, MNRoosevelt, MN