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EconPulse

Local economy signal dashboard

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PLACEThriving

Flensburg, MN

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

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Overall score73out of 100
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53
100
0
90
100

Population

199

Data freshness

Unknown

GDP / Output

+2.0% YoY

53

$1.5B

Output changed +2.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

1.7%

Unemployment is 1.7% for Latest available.

Vintage date unknown

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

Population

-8.7% 5-year

0

199

Population moved -8.7% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

90

7.0%

Median rent consumes 7.0% 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

$8.3K per resident

100

$282.1M

$282.1M 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

$282.1M

$8.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$191.2M
2. Department of Veterans Affairs$33.6M
3. Department of Agriculture$22.7M

Top recipients

Dollars
1. REDACTED DUE TO PII$17.0M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$15.7M
3. CITY OF LITTLE FALLS$4.5M

Affordable

Housing Affordability

7.0%

of median income

1BR estimate$523
2BR estimate$689
Median income$108,750
Median home value$192,400

ACS context

Quick Facts

Population

199

Median age

57.1

Bachelor's degree+

11.7%

Poverty rate

4.0%

Labor force participation

69.7%

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

-1.8%

GDP CAGR

+5.1%

Federal flow

5 years

Population (5 years)
2020218
2021191
2022205
2023213
2024199
GDP (5 years)
2020$1.2B
2021$1.2B
2022$1.4B
2023$1.5B
2024$1.5B

2-year linear forecast

Predictive Outlook

Population forecast

2024199
2025200 *
2026199 *

R² = 5.5% · * projected

GDP forecast

2024$1.5B
2025$1.6B *
2026$1.7B *

R² = 86.9% · * 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$108,750/yr
Median rent$638/mo
Rent share of income7.0%
Est. mortgage (30yr, 6.5%)$11,675/yr
Mortgage share of income10.7%

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

employment snapshot

Job Market

Unemployment rate1.7%
State avg4.1%
U.S. avg5.2%
Labor force participation69.7%
Poverty rate4.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$192,400
Median monthly rent$638
Price-to-rent ratio25.1x

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

composite score

Investment Climate

Investment climateModerate
Composite score59/100
Economic growth53/100
Labor market100/100
Population momentum0/100
Overall stability73/100

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

Location Context

Flensburg city, Minnesota

City/Town

Part of

Minnesota

Nearby locations

Sobieski, MNSwanville, MNElmdale, MNLittle Falls, MNBurtrum, MN