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EconPulse

Local economy signal dashboard

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PLACEThriving

Mckenzie, TN

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 score72out of 100
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84
62
62
70
100

Population

5,631

Data freshness

Unknown

GDP / Output

+6.4% YoY

84

$949.3M

Output changed +6.4% in 2024.

Vintage date unknown

State growth5.6%
U.S. growth5.3%

Jobs

Unemployment rate

62

4.0%

Unemployment is 4.0% for Latest available.

Vintage date unknown

State avg3.6%
U.S. avg4.3%

Population

+2.1% 5-year

62

5,631

Population moved +2.1% over the latest ACS window.

Vintage date unknown

State population7,066,383
U.S. population334,922,499

Housing

Rent share of income

70

21.4%

Median rent consumes 21.4% of median household income: Affordable.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.3K per resident

100

$237.2M

$237.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$121.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$237.2M

$8.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$180.5M
2. Department of Veterans Affairs$27.6M
3. Department of Agriculture$8.4M

Top recipients

Dollars
1. REDACTED DUE TO PII$7.2M
2. TENNESSEE DEPARTMENT OF TRANSPORTATION$6.8M
3. BETHEL UNIVERSITY$5.3M

Affordable

Housing Affordability

21.4%

of median income

1BR estimate$544
2BR estimate$716
Median income$37,236
Median home value$154,500

ACS context

Quick Facts

Population

5,631

Median age

32.9

Bachelor's degree+

20.0%

Poverty rate

21.2%

Labor force participation

52.1%

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

2026-06-16

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

+0.4%

GDP CAGR

+6.4%

Federal flow

5 years

Population (5 years)
20205,517
20215,590
20225,608
20235,706
20245,631
GDP (5 years)
2020$695.2M
2021$752.0M
2022$824.8M
2023$891.9M
2024$949.3M

2-year linear forecast

Predictive Outlook

Population forecast

20245,631
20255,714 *
20265,748 *

R² = 63.3% · * projected

GDP forecast

2024$949.3M
2025$1.0B *
2026$1.1B *

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$37,236/yr
Median rent$663/mo
Rent share of income21.4%
Est. mortgage (30yr, 6.5%)$9,375/yr
Mortgage share of income25.2%

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

employment snapshot

Job Market

Unemployment rate4.0%
State avg3.6%
U.S. avg4.3%
Labor force participation52.1%
Poverty rate21.2%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$154,500
Median monthly rent$663
Price-to-rent ratio19.4x

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

composite score

Investment Climate

Investment climateStrong
Composite score71/100
Economic growth84/100
Labor market62/100
Population momentum62/100
Overall stability72/100

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

Location Context

McKenzie city, Tennessee

City/Town

Part of

Tennessee

Nearby locations

Henry, TNGleason, TNHuntingdon, TNTrezevant, TNMcLemoresville, TN