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EconPulse

Local economy signal dashboard

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PLACEStable

Mcfarland, KS

Stable overall. Federal Funds is the clearest support signal, while gdp / output needs the most attention. Housing reads as strained for a median-income household.

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Overall score57out of 100
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1
86
50
54
100

Population

363

Data freshness

Unknown

GDP / Output

-5.4% YoY

1

$176.5M

Output changed -5.4% in 2024.

Vintage date unknown

State growth2.5%
U.S. growth5.3%

Jobs

Unemployment rate

86

2.4%

Unemployment is 2.4% for Latest available.

Vintage date unknown

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

Population

0.0% 5-year

50

363

Population moved 0.0% over the latest ACS window.

Vintage date unknown

State population2,947,197
U.S. population334,922,499

Housing

Rent share of income

54

32.6%

Median rent consumes 32.6% of median household income: Strained.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$9.7K per resident

100

$66.7M

$66.7M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$31.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$66.7M

$9.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$42.8M
2. Department of Agriculture$8.2M
3. Department of Transportation$8.1M

Top recipients

Dollars
1. REDACTED DUE TO PII$8.2M
2. KANSAS DEPARTMENT OF TRANSPORTATION$5.9M
3. CITY OF ALMA$2.2M

Strained

Housing Affordability

32.6%

of median income

1BR estimate$1,323
2BR estimate$1,743
Median income$59,500
Median home value$93,800

ACS context

Quick Facts

Population

363

Median age

22.9

Bachelor's degree+

13.6%

Poverty rate

9.4%

Labor force participation

64.1%

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

Latest available

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

0.0%

GDP CAGR

+2.8%

Federal flow

5 years

Population (5 years)
2020363
2021380
2022363
2023356
2024363
GDP (5 years)
2020$153.7M
2021$168.7M
2022$160.4M
2023$186.5M
2024$176.5M

2-year linear forecast

Predictive Outlook

Population forecast

2024363
2025358 *
2026355 *

R² = 18.1% · * projected

GDP forecast

2024$176.5M
2025$188.2M *
2026$194.5M *

R² = 59.9% · * 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$59,500/yr
Median rent$1,614/mo
Rent share of income32.6%
Est. mortgage (30yr, 6.5%)$5,692/yr
Mortgage share of income9.6%

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

employment snapshot

Job Market

Unemployment rate2.4%
State avg3.9%
U.S. avg4.3%
Labor force participation64.1%
Poverty rate9.4%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$93,800
Median monthly rent$1,614
Price-to-rent ratio4.8x

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

composite score

Investment Climate

Investment climateModerate
Composite score46/100
Economic growth1/100
Labor market86/100
Population momentum50/100
Overall stability57/100

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

Location Context

McFarland city, Kansas

City/Town

Part of

Topeka, KS

Nearby locations

Alma, KSPaxico, KSNewbury, KSWabaunsee, KSWamego, KS