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EconPulse

Local economy signal dashboard

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PLACEThriving

Mcfarland, WI

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 score77out of 100
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82
71
71
75
100

Population

9,160

Data freshness

Unknown

GDP / Output

+6.1% YoY

82

$62.8B

Output changed +6.1% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

71

3.4%

Unemployment is 3.4% for Latest available.

Vintage date unknown

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

Population

+3.6% 5-year

71

9,160

Population moved +3.6% over the latest ACS window.

Vintage date unknown

State population5,914,872
U.S. population334,922,499

Housing

Rent share of income

75

17.9%

Median rent consumes 17.9% of median household income: Affordable.

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

$96.9K per resident

100

$54.4B

$54.4B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$113.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$54.4B

$96.9K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Health and Human Services$49.9B
2. Social Security Administration$2.6B
3. Department of Education$815.9M

Top recipients

Dollars
1. UNIVERSITY OF WISCONSIN SYSTEM$703.1M
2. WISCONSIN DEPARTMENT OF PUBLIC INSTRUCTION$587.0M
3. WISCONSIN PHYSICIANS SERVICE INSURANCE CORP.$153.7M

Affordable

Housing Affordability

17.9%

of median income

1BR estimate$1,196
2BR estimate$1,575
Median income$97,500
Median home value$390,100

ACS context

Quick Facts

Population

9,160

Median age

41.3

Bachelor's degree+

49.0%

Poverty rate

3.8%

Labor force participation

72.5%

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

+0.7%

GDP CAGR

+6.2%

Federal flow

5 years

Population (5 years)
20208,845
20219,026
20229,104
20239,230
20249,160
GDP (5 years)
2020$46.6B
2021$50.4B
2022$55.0B
2023$59.2B
2024$62.8B

2-year linear forecast

Predictive Outlook

Population forecast

20249,160
20259,323 *
20269,407 *

R² = 79.6% · * projected

GDP forecast

2024$62.8B
2025$67.2B *
2026$71.3B *

R² = 99.9% · * 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$97,500/yr
Median rent$1,458/mo
Rent share of income17.9%
Est. mortgage (30yr, 6.5%)$23,671/yr
Mortgage share of income24.3%

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

employment snapshot

Job Market

Unemployment rate3.4%
State avg3.5%
U.S. avg4.3%
Labor force participation72.5%
Poverty rate3.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$390,100
Median monthly rent$1,458
Price-to-rent ratio22.3x

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

composite score

Investment Climate

Investment climateStrong
Composite score76/100
Economic growth82/100
Labor market71/100
Population momentum71/100
Overall stability77/100

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

Location Context

McFarland village, Wisconsin

City/Town

Part of

Madison, WI

Nearby locations

Monona, WICottage Grove, WIStoughton, WIFitchburg, WIMaple Bluff, WI