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EconPulse

Local economy signal dashboard

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PLACEStable

Mccullom Lake, IL

Stable 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 score55out of 100
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71
54
0
67
83

Population

1,017

Data freshness

Unknown

GDP / Output

+4.6% YoY

71

$16.0B

Output changed +4.6% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

54

4.5%

Unemployment is 4.5% for April 2026.

Vintage date unknown

State avg5.1%
U.S. avg4.3%

Population

-14.8% 5-year

0

1,017

Population moved -14.8% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

67

23.8%

Median rent consumes 23.8% 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

$6.0K per resident

83

$1.9B

$1.9B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.9B

$6.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.6B
2. Department of Veterans Affairs$135.5M
3. Department of Transportation$37.3M

Top recipients

Dollars
1. ILLINOIS DEPARTMENT OF TRANSPORTATION$37.5M
2. REDACTED DUE TO PII$9.9M
3. PROALLIANCE CORP$9.5M

Affordable

Housing Affordability

23.8%

of median income

1BR estimate$1,183
2BR estimate$1,558
Median income$72,791
Median home value$178,600

ACS context

Quick Facts

Population

1,017

Median age

41.0

Bachelor's degree+

16.1%

Poverty rate

16.1%

Labor force participation

74.2%

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

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

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

-3.1%

GDP CAGR

+6.3%

Federal flow

5 years

Population (5 years)
20201,193
20211,054
2022955
20231,087
20241,017
GDP (5 years)
2020$11.8B
2021$13.3B
2022$14.4B
2023$15.3B
2024$16.0B

2-year linear forecast

Predictive Outlook

Population forecast

20241,017
2025966 *
2026934 *

R² = 32.5% · * projected

GDP forecast

2024$16.0B
2025$17.3B *
2026$18.3B *

R² = 97.9% · * 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$72,791/yr
Median rent$1,443/mo
Rent share of income23.8%
Est. mortgage (30yr, 6.5%)$10,837/yr
Mortgage share of income14.9%

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 avg5.1%
U.S. avg4.3%
Labor force participation74.2%
Poverty rate16.1%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$178,600
Median monthly rent$1,443
Price-to-rent ratio10.3x

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

composite score

Investment Climate

Investment climateModerate
Composite score49/100
Economic growth71/100
Labor market54/100
Population momentum0/100
Overall stability55/100

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

Location Context

McCullom Lake village, Illinois

City/Town

Part of

Chicago-Naperville-Elgin, IL-IN

Nearby locations

Ringwood, ILMcHenry, ILJohnsburg, ILWonder Lake, ILBull Valley, IL