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EconPulse

Local economy signal dashboard

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PLACEThriving

Mcgregor, TX

Thriving overall. Population 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 score79out of 100
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81
68
100
72
95

Population

5,761

Data freshness

Unknown

GDP / Output

+5.9% YoY

81

$18.5B

Output changed +5.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

68

3.6%

Unemployment is 3.6% for April 2026.

Vintage date unknown

State avg4.3%
U.S. avg4.3%

Population

+10.5% 5-year

100

5,761

Population moved +10.5% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

72

19.7%

Median rent consumes 19.7% 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

$7.5K per resident

95

$1.9B

$1.9B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.3B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.9B

$7.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.1B
2. Department of Veterans Affairs$303.5M
3. Department of Defense$196.5M

Top recipients

Dollars
1. TEXAS DEPARTMENT OF TRANSPORTATION$130.5M
2. L3HARRIS TECHNOLOGIES INTEGRATED SYSTEMS L.P.$130.1M
3. TEXAS STATE TECHNICAL COLLEGE$51.2M

Affordable

Housing Affordability

19.7%

of median income

1BR estimate$979
2BR estimate$1,290
Median income$72,750
Median home value$221,700

ACS context

Quick Facts

Population

5,761

Median age

31.1

Bachelor's degree+

23.6%

Poverty rate

12.8%

Labor force participation

67.9%

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

+2.0%

GDP CAGR

+7.0%

Federal flow

5 years

Population (5 years)
20205,212
20215,345
20225,478
20235,608
20245,761
GDP (5 years)
2020$13.2B
2021$14.6B
2022$16.0B
2023$17.4B
2024$18.5B

2-year linear forecast

Predictive Outlook

Population forecast

20245,761
20255,889 *
20266,025 *

R² = 99.9% · * projected

GDP forecast

2024$18.5B
2025$20.0B *
2026$21.3B *

R² = 99.6% · * 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$72,750/yr
Median rent$1,194/mo
Rent share of income19.7%
Est. mortgage (30yr, 6.5%)$13,452/yr
Mortgage share of income18.5%

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

employment snapshot

Job Market

Unemployment rate3.6%
State avg4.3%
U.S. avg4.3%
Labor force participation67.9%
Poverty rate12.8%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$221,700
Median monthly rent$1,194
Price-to-rent ratio15.5x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score81/100
Economic growth81/100
Labor market68/100
Population momentum100/100
Overall stability79/100

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

Location Context

McGregor city, Texas

City/Town

Part of

Waco, TX

Nearby locations

Oglesby, TXCrawford, TXMoody, TXWillow Grove, TXBruceville-Eddy, TX