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EconPulse

Local economy signal dashboard

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PLACEStable

Mayville, 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 score56out of 100
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8
48
77
74
100

Population

1,976

Data freshness

Unknown

GDP / Output

-4.5% YoY

8

$634.0M

Output changed -4.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

48

5.2%

Unemployment is 5.2% for Latest available.

Vintage date unknown

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

Population

+4.4% 5-year

77

1,976

Population moved +4.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

74

18.4%

Median rent consumes 18.4% 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

$12.7K per resident

100

$101.6M

$101.6M 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

$101.6M

$12.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$41.7M
2. Department of Agriculture$23.8M
3. Department of Transportation$21.8M

Top recipients

Dollars
1. REDACTED DUE TO PII$23.4M
2. NORTH DAKOTA DEPARTMENT OF TRANSPORTATION$21.7M
3. MAYVILLE STATE UNIVERSITY$6.0M

Affordable

Housing Affordability

18.4%

of median income

1BR estimate$700
2BR estimate$922
Median income$55,735
Median home value$198,200

ACS context

Quick Facts

Population

1,976

Median age

28.2

Bachelor's degree+

30.5%

Poverty rate

19.0%

Labor force participation

60.4%

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

+0.9%

GDP CAGR

+5.8%

Federal flow

5 years

Population (5 years)
20201,892
20211,964
20222,102
20232,050
20241,976
GDP (5 years)
2020$479.1M
2021$514.9M
2022$634.6M
2023$663.6M
2024$634.0M

2-year linear forecast

Predictive Outlook

Population forecast

20241,976
20252,073 *
20262,098 *

R² = 24.4% · * projected

GDP forecast

2024$634.0M
2025$722.8M *
2026$768.6M *

R² = 77.4% · * 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$55,735/yr
Median rent$854/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$12,026/yr
Mortgage share of income21.6%

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

employment snapshot

Job Market

Unemployment rate5.2%
State avg2.8%
U.S. avg5.2%
Labor force participation60.4%
Poverty rate19.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$198,200
Median monthly rent$854
Price-to-rent ratio19.3x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score44/100
Economic growth8/100
Labor market48/100
Population momentum77/100
Overall stability56/100

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

Location Context

Mayville city, North Dakota

City/Town

Part of

North Dakota

Nearby locations

Portland, NDClifford, NDHatton, NDBlanchard, NDBuxton, ND