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EconPulse

Local economy signal dashboard

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PLACEThriving

Mcdonald, OH

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

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Overall score69out of 100
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69
51
66
82
94

Population

3,136

Data freshness

Unknown

GDP / Output

+4.4% YoY

69

$9.7B

Output changed +4.4% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

51

4.7%

Unemployment is 4.7% for April 2026.

Vintage date unknown

State avg3.9%
U.S. avg4.3%

Population

+2.7% 5-year

66

3,136

Population moved +2.7% over the latest ACS window.

Vintage date unknown

State population11,810,293
U.S. population334,922,499

Housing

Rent share of income

82

12.7%

Median rent consumes 12.7% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.3K per resident

94

$1.5B

$1.5B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.5B

$7.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.2B
2. Department of Veterans Affairs$115.8M
3. Department of Transportation$30.9M

Top recipients

Dollars
1. OHIO DEPARTMENT OF TRANSPORTATION$18.2M
2. TRUMBULL METROPOLITAN HOUSING AUTHORITY$17.5M
3. QBS INC$15.7M

Affordable

Housing Affordability

12.7%

of median income

1BR estimate$708
2BR estimate$932
Median income$81,855
Median home value$138,500

ACS context

Quick Facts

Population

3,136

Median age

43.7

Bachelor's degree+

29.7%

Poverty rate

6.7%

Labor force participation

63.6%

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

+0.5%

GDP CAGR

+6.8%

Federal flow

5 years

Population (5 years)
20203,054
20213,170
20223,160
20233,150
20243,136
GDP (5 years)
2020$7.0B
2021$7.8B
2022$8.6B
2023$9.3B
2024$9.7B

2-year linear forecast

Predictive Outlook

Population forecast

20243,136
20253,177 *
20263,192 *

R² = 24.0% · * projected

GDP forecast

2024$9.7B
2025$10.5B *
2026$11.2B *

R² = 98.8% · * 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$81,855/yr
Median rent$863/mo
Rent share of income12.7%
Est. mortgage (30yr, 6.5%)$8,404/yr
Mortgage share of income10.3%

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

employment snapshot

Job Market

Unemployment rate4.7%
State avg3.9%
U.S. avg4.3%
Labor force participation63.6%
Poverty rate6.7%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$138,500
Median monthly rent$863
Price-to-rent ratio13.4x

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

composite score

Investment Climate

Investment climateModerate
Composite score64/100
Economic growth69/100
Labor market51/100
Population momentum66/100
Overall stability69/100

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

Location Context

McDonald village, Ohio

City/Town

Part of

Youngstown-Warren, OH

Nearby locations

Hilltop, OHGirard, OHMcKinley Heights, OHNiles, OHMineral Ridge, OH