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EconPulse

Local economy signal dashboard

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PLACEStable

Lamoure, 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.

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Overall score52out of 100
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0
59
30
78
100

Population

658

Data freshness

Unknown

GDP / Output

-20.4% YoY

0

$341.1M

Output changed -20.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

59

4.5%

Unemployment is 4.5% for Latest available.

Vintage date unknown

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

Population

-3.4% 5-year

30

658

Population moved -3.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

78

15.5%

Median rent consumes 15.5% 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

$13.1K per resident

100

$53.6M

$53.6M 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

$53.6M

$13.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$23.8M
2. Department of Agriculture$15.0M
3. Department of Transportation$10.4M

Top recipients

Dollars
1. REDACTED DUE TO PII$14.5M
2. NORTH DAKOTA DEPARTMENT OF TRANSPORTATION$10.4M
3. ONEIDA TECHNICAL SOLUTIONS, LLC$1.7M

Affordable

Housing Affordability

15.5%

of median income

1BR estimate$756
2BR estimate$996
Median income$71,339
Median home value$151,900

ACS context

Quick Facts

Population

658

Median age

49.0

Bachelor's degree+

26.6%

Poverty rate

7.9%

Labor force participation

64.7%

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
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-0.7%

GDP CAGR

+5.4%

Federal flow

5 years

Population (5 years)
2020681
2021669
2022674
2023703
2024658
GDP (5 years)
2020$262.7M
2021$286.1M
2022$385.9M
2023$428.6M
2024$341.1M

2-year linear forecast

Predictive Outlook

Population forecast

2024658
2025673 *
2026672 *

R² = 1.3% · * projected

GDP forecast

2024$341.1M
2025$430.6M *
2026$460.5M *

R² = 47.5% · * 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$71,339/yr
Median rent$922/mo
Rent share of income15.5%
Est. mortgage (30yr, 6.5%)$9,217/yr
Mortgage share of income12.9%

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

employment snapshot

Job Market

Unemployment rate4.5%
State avg2.8%
U.S. avg5.2%
Labor force participation64.7%
Poverty rate7.9%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$151,900
Median monthly rent$922
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 climateWeak
Composite score34/100
Economic growth0/100
Labor market59/100
Population momentum30/100
Overall stability52/100

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

Location Context

LaMoure city, North Dakota

City/Town

Part of

North Dakota

Nearby locations

Berlin, NDVerona, NDDickey, NDFullerton, NDMarion, ND