Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Binford, ND

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

Post on XLinkedIn
Overall score66out of 100
Compare
0
95
46
82
100

Population

168

Data freshness

Unknown

GDP / Output

-8.4% YoY

0

$204.1M

Output changed -8.4% in 2024.

Vintage date unknown

State growth2.8%
U.S. growth5.3%

Jobs

Unemployment rate

95

2.1%

Unemployment is 2.1% for June 2026.

Vintage date unknown

State avg2.8%
U.S. avg5.2%

Population

-0.6% 5-year

46

168

Population moved -0.6% over the latest ACS window.

Vintage date unknown

State population784,841
U.S. population334,922,499

Housing

Rent share of income

82

12.7%

Median rent consumes 12.7% of median household income: Affordable.

Vintage date unknown

State rent$954
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$14.5K per resident

100

$33.5M

$33.5M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$98.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$33.5M

$14.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$14.8M
2. Department of Agriculture$6.9M
3. Department of the Interior$5.3M

Top recipients

Dollars
1. REDACTED DUE TO PII$7.0M
2. AERIAL TIMBER APPLICATORS INC$5.3M
3. NORTH DAKOTA DEPARTMENT OF TRANSPORTATION$2.6M

Affordable

Housing Affordability

12.7%

of median income

1BR estimate$323
2BR estimate$426
Median income$37,143
Median home value$70,000

ACS context

Quick Facts

Population

168

Median age

56.1

Bachelor's degree+

13.5%

Poverty rate

15.5%

Labor force participation

40.5%

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

-0.1%

GDP CAGR

+7.1%

Federal flow

5 years

Population (5 years)
2020169
2021187
2022178
2023148
2024168
GDP (5 years)
2020$145.0M
2021$180.2M
2022$222.1M
2023$222.7M
2024$204.1M

2-year linear forecast

Predictive Outlook

Population forecast

2024168
2025158 *
2026154 *

R² = 20.0% · * projected

GDP forecast

2024$204.1M
2025$243.0M *
2026$259.1M *

R² = 60.0% · * 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$37,143/yr
Median rent$394/mo
Rent share of income12.7%
Est. mortgage (30yr, 6.5%)$4,247/yr
Mortgage share of income11.4%

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

employment snapshot

Job Market

Unemployment rate2.1%
State avg2.8%
U.S. avg5.2%
Labor force participation40.5%
Poverty rate15.5%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$70,000
Median monthly rent$394
Price-to-rent ratio14.8x

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

composite score

Investment Climate

Investment climateModerate
Composite score49/100
Economic growth0/100
Labor market95/100
Population momentum46/100
Overall stability66/100

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

Location Context

Binford city, North Dakota

City/Town

Part of

North Dakota

Nearby locations

Jessie, NDMcHenry, NDSutton, NDGlenfield, NDCooperstown, ND