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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Mclaughlin, SD

Stable 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 score46out of 100
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12
0
100
75
100

Population

683

Data freshness

Unknown

GDP / Output

-3.9% YoY

12

$121.1M

Output changed -3.9% in 2024.

Vintage date unknown

State growth3.1%
U.S. growth5.3%

Jobs

Unemployment rate

0

16.9%

Unemployment is 16.9% for Latest available.

Vintage date unknown

State avg2.0%
U.S. avg5.2%

Population

+23.3% 5-year

100

683

Population moved +23.3% over the latest ACS window.

Vintage date unknown

State population907,428
U.S. population334,922,499

Housing

Rent share of income

75

17.8%

Median rent consumes 17.8% of median household income: Affordable.

Vintage date unknown

State rent$946
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$14.6K per resident

100

$57.1M

$57.1M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$11.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$57.1M

$14.6K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Agriculture$16.8M
2. Department of Transportation$13.4M
3. Social Security Administration$12.4M

Top recipients

Dollars
1. REDACTED DUE TO PII$16.2M
2. STATE OF SOUTH DAKOTA$13.3M
3. MCLAUGHLIN SCHOOL DISTRICT 15 2$3.4M

Affordable

Housing Affordability

17.8%

of median income

1BR estimate$757
2BR estimate$997
Median income$62,159
Median home value$62,400

ACS context

Quick Facts

Population

683

Median age

30.5

Bachelor's degree+

25.1%

Poverty rate

22.0%

Labor force participation

62.8%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

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

+4.3%

GDP CAGR

+6.4%

Federal flow

5 years

Population (5 years)
2020554
2021539
2022614
2023567
2024683
GDP (5 years)
2020$88.8M
2021$115.1M
2022$128.3M
2023$126.0M
2024$121.1M

2-year linear forecast

Predictive Outlook

Population forecast

2024683
2025677 *
2026706 *

R² = 60.0% · * projected

GDP forecast

2024$121.1M
2025$138.6M *
2026$146.1M *

R² = 56.0% · * 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$62,159/yr
Median rent$923/mo
Rent share of income17.8%
Est. mortgage (30yr, 6.5%)$3,786/yr
Mortgage share of income6.1%

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

employment snapshot

Job Market

Unemployment rate16.9%
State avg2.0%
U.S. avg5.2%
Labor force participation62.8%
Poverty rate22.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$62,400
Median monthly rent$923
Price-to-rent ratio5.6x

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

composite score

Investment Climate

Investment climateModerate
Composite score35/100
Economic growth12/100
Labor market0/100
Population momentum100/100
Overall stability46/100

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

Location Context

McLaughlin city, South Dakota

City/Town

Part of

South Dakota

Nearby locations

Little Eagle, SDBullhead, SDSelfridge, NDWakpala, SDKenel, SD