Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEThriving

Mcdonough, GA

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

Post on XLinkedIn
Overall score80out of 100
Compare
98
72
100
60
85

Population

30,947

Data freshness

Unknown

GDP / Output

+8.5% YoY

98

$11.9B

Output changed +8.5% in 2024.

Vintage date unknown

State growth5.5%
U.S. growth5.3%

Jobs

Unemployment rate

72

3.3%

Unemployment is 3.3% for April 2026.

Vintage date unknown

State avg3.5%
U.S. avg4.3%

Population

+21.0% 5-year

100

30,947

Population moved +21.0% over the latest ACS window.

Vintage date unknown

State population10,940,407
U.S. population334,922,499

Housing

Rent share of income

60

28.5%

Median rent consumes 28.5% of median household income: Affordable.

Vintage date unknown

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

Federal Funds

$6.3K per resident

85

$1.5B

$1.5B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$105.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.5B

$6.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.0B
2. Department of Veterans Affairs$454.4M
3. Department of Transportation$22.1M

Top recipients

Dollars
1. GEORGIA DEPARTMENT OF TRANSPORTATION$19.3M
2. BOBBY DODD INSTITUTE, INC.$2.6M
3. DAVID JONES CPA PC$2.3M

Affordable

Housing Affordability

28.5%

of median income

1BR estimate$1,469
2BR estimate$1,935
Median income$75,343
Median home value$314,600

ACS context

Quick Facts

Population

30,947

Median age

33.2

Bachelor's degree+

28.5%

Poverty rate

10.6%

Labor force participation

70.4%

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

+3.9%

GDP CAGR

+9.9%

Federal flow

5 years

Population (5 years)
202025,572
202128,574
202229,134
202330,056
202430,947
GDP (5 years)
2020$7.4B
2021$8.5B
2022$9.6B
2023$10.9B
2024$11.9B

2-year linear forecast

Predictive Outlook

Population forecast

202430,947
202532,526 *
202633,749 *

R² = 89.3% · * projected

GDP forecast

2024$11.9B
2025$13.1B *
2026$14.2B *

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$75,343/yr
Median rent$1,792/mo
Rent share of income28.5%
Est. mortgage (30yr, 6.5%)$19,089/yr
Mortgage share of income25.3%

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

employment snapshot

Job Market

Unemployment rate3.3%
State avg3.5%
U.S. avg4.3%
Labor force participation70.4%
Poverty rate10.6%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$314,600
Median monthly rent$1,792
Price-to-rent ratio14.6x

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

composite score

Investment Climate

Investment climateStrong
Composite score87/100
Economic growth98/100
Labor market72/100
Population momentum100/100
Overall stability80/100

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

Location Context

McDonough city, Georgia

City/Town

Part of

Atlanta-Sandy Springs-Roswell, GA

Nearby locations

Locust Grove, GAHeron Bay, GAStockbridge, GAHampton, GALovejoy, GA