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EconPulse

Local economy signal dashboard

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PLACEThriving

Dundas, MN

Thriving overall. Population 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 score78out of 100
Compare
97
57
100
73
85

Population

1,916

Data freshness

Unknown

GDP / Output

+8.3% YoY

97

$4.1B

Output changed +8.3% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

57

4.6%

Unemployment is 4.6% for June 2026.

Vintage date unknown

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

Population

+8.8% 5-year

100

1,916

Population moved +8.8% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

73

19.3%

Median rent consumes 19.3% 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

$6.2K per resident

85

$416.9M

$416.9M 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

$416.9M

$6.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$334.0M
2. Department of Agriculture$27.0M
3. Department of Veterans Affairs$24.1M

Top recipients

Dollars
1. REDACTED DUE TO PII$18.4M
2. ST. OLAF COLLEGE$7.9M
3. POST CONSUMER BRANDS, LLC$6.1M

Affordable

Housing Affordability

19.3%

of median income

1BR estimate$1,538
2BR estimate$2,025
Median income$116,310
Median home value$325,800

ACS context

Quick Facts

Population

1,916

Median age

36.3

Bachelor's degree+

42.7%

Poverty rate

1.9%

Labor force participation

77.0%

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

+1.7%

GDP CAGR

+6.6%

Federal flow

5 years

Population (5 years)
20201,761
20211,645
20221,716
20231,882
20241,916
GDP (5 years)
2020$3.0B
2021$3.2B
2022$3.5B
2023$3.8B
2024$4.1B

2-year linear forecast

Predictive Outlook

Population forecast

20241,916
20251,948 *
20262,003 *

R² = 58.1% · * projected

GDP forecast

2024$4.1B
2025$4.3B *
2026$4.6B *

R² = 99.7% · * 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$116,310/yr
Median rent$1,875/mo
Rent share of income19.3%
Est. mortgage (30yr, 6.5%)$19,769/yr
Mortgage share of income17.0%

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

employment snapshot

Job Market

Unemployment rate4.6%
State avg4.1%
U.S. avg5.2%
Labor force participation77.0%
Poverty rate1.9%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$325,800
Median monthly rent$1,875
Price-to-rent ratio14.5x

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

composite score

Investment Climate

Investment climateStrong
Composite score83/100
Economic growth97/100
Labor market57/100
Population momentum100/100
Overall stability78/100

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

Location Context

Dundas city, Minnesota

City/Town

Part of

Faribault-Northfield, MN

Nearby locations

Northfield, MNDennison, MNNerstrand, MNFaribault, MNRandolph, MN