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EconPulse

Local economy signal dashboard

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PLACEThriving

Mcadenville, NC

Thriving overall. Federal Funds 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 score70out of 100
Compare
86
64
25
83
91

Population

1,010

Data freshness

Unknown

GDP / Output

+6.8% YoY

86

$11.3B

Output changed +6.8% in 2024.

Vintage date unknown

State growth6.2%
U.S. growth5.3%

Jobs

Unemployment rate

64

3.8%

Unemployment is 3.8% for July 2026.

Vintage date unknown

State avg3.6%
U.S. avg4.1%

Population

-4.2% 5-year

25

1,010

Population moved -4.2% over the latest ACS window.

Vintage date unknown

State population10,730,404
U.S. population334,922,499

Housing

Rent share of income

83

12.0%

Median rent consumes 12.0% of median household income: Affordable.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.0K per resident

91

$1.6B

$1.6B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.6B

$7.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.2B
2. Department of Veterans Affairs$160.3M
3. Department of Transportation$95.0M

Top recipients

Dollars
1. TRANSPORTATION NORTH CAROLINA DEPARTMENT$94.6M
2. GASTONIA HOUSING AUTHORITY$14.2M
3. GASTON COLLEGE$12.4M

Affordable

Housing Affordability

12.0%

of median income

1BR estimate$923
2BR estimate$1,215
Median income$112,083
Median home value$377,000

ACS context

Quick Facts

Population

1,010

Median age

41.2

Bachelor's degree+

53.4%

Poverty rate

7.0%

Labor force participation

62.1%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

July 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-09

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

-0.8%

GDP CAGR

+7.2%

Federal flow

5 years

Population (5 years)
20201,054
20211,019
20221,125
20231,139
20241,010
GDP (5 years)
2020$8.0B
2021$8.7B
2022$9.7B
2023$10.6B
2024$11.3B

2-year linear forecast

Predictive Outlook

Population forecast

20241,010
20251,079 *
20261,082 *

R² = 0.7% · * projected

GDP forecast

2024$11.3B
2025$12.2B *
2026$13.0B *

R² = 99.8% · * 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$112,083/yr
Median rent$1,125/mo
Rent share of income12.0%
Est. mortgage (30yr, 6.5%)$22,876/yr
Mortgage share of income20.4%

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

employment snapshot

Job Market

Unemployment rate3.8%
State avg3.6%
U.S. avg4.1%
Labor force participation62.1%
Poverty rate7.0%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$377,000
Median monthly rent$1,125
Price-to-rent ratio27.9x

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

composite score

Investment Climate

Investment climateModerate
Composite score64/100
Economic growth86/100
Labor market64/100
Population momentum25/100
Overall stability70/100

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

Location Context

McAdenville town, North Carolina

City/Town

Part of

Charlotte-Concord-Gastonia, NC-SC

Nearby locations

Lowell, NCCramerton, NCRanlo, NCSpencer Mountain, NCBelmont, NC