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EconPulse

Local economy signal dashboard

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PLACEStable

Fairfax, MO

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.

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Overall score64out of 100
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0
83
56
84
100

Population

702

Data freshness

Unknown

GDP / Output

-18.6% YoY

0

$424.6M

Output changed -18.6% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

83

2.9%

Unemployment is 2.9% for June 2026.

Vintage date unknown

State avg4.0%
U.S. avg5.2%

Population

+1.0% 5-year

56

702

Population moved +1.0% over the latest ACS window.

Vintage date unknown

State population6,191,814
U.S. population334,922,499

Housing

Rent share of income

84

11.7%

Median rent consumes 11.7% 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

$10.5K per resident

100

$56.0M

$56.0M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$93.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$56.0M

$10.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$31.3M
2. Department of Transportation$12.3M
3. Department of Agriculture$8.7M

Top recipients

Dollars
1. MISSOURI DEPARTMENT OF TRANSPORTATION$12.3M
2. REDACTED DUE TO PII$8.7M
3. BETTER BY DESIGN LLC$504.1K

Affordable

Housing Affordability

11.7%

of median income

1BR estimate$451
2BR estimate$594
Median income$56,250
Median home value$90,500

ACS context

Quick Facts

Population

702

Median age

47.2

Bachelor's degree+

12.1%

Poverty rate

12.7%

Labor force participation

62.3%

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

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

+0.2%

GDP CAGR

+5.2%

Federal flow

5 years

Population (5 years)
2020695
2021676
2022646
2023685
2024702
GDP (5 years)
2020$329.9M
2021$439.3M
2022$522.3M
2023$521.7M
2024$424.6M

2-year linear forecast

Predictive Outlook

Population forecast

2024702
2025688 *
2026690 *

R² = 2.8% · * projected

GDP forecast

2024$424.6M
2025$529.1M *
2026$556.3M *

R² = 28.9% · * 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$56,250/yr
Median rent$550/mo
Rent share of income11.7%
Est. mortgage (30yr, 6.5%)$5,491/yr
Mortgage share of income9.8%

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

employment snapshot

Job Market

Unemployment rate2.9%
State avg4.0%
U.S. avg5.2%
Labor force participation62.3%
Poverty rate12.7%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$90,500
Median monthly rent$550
Price-to-rent ratio13.7x

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

composite score

Investment Climate

Investment climateModerate
Composite score48/100
Economic growth0/100
Labor market83/100
Population momentum56/100
Overall stability64/100

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

Location Context

Fairfax city, Missouri

City/Town

Part of

Missouri

Nearby locations

Corning, MOTarkio, MORock Port, MOCraig, MOPhelps City, MO