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EconPulse

Local economy signal dashboard

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PLACEStable

Mclean, IL

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

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Overall score62out of 100
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79
66
0
73
80

Population

708

Data freshness

Unknown

GDP / Output

+5.7% YoY

79

$16.9B

Output changed +5.7% in 2024.

Vintage date unknown

State growth4.3%
U.S. growth5.3%

Jobs

Unemployment rate

66

3.7%

Unemployment is 3.7% for April 2026.

Vintage date unknown

State avg5.1%
U.S. avg4.3%

Population

-12.4% 5-year

0

708

Population moved -12.4% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

73

19.2%

Median rent consumes 19.2% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$5.7K per resident

80

$971.8M

$971.8M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$971.8M

$5.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$715.5M
2. Department of Transportation$61.0M
3. Department of Veterans Affairs$60.7M

Top recipients

Dollars
1. BOARD OF TRUSTEES OF ILLINOIS STATE UNIVERSITY$51.6M
2. ILLINOIS DEPARTMENT OF TRANSPORTATION$47.9M
3. REDACTED DUE TO PII$29.6M

Affordable

Housing Affordability

19.2%

of median income

1BR estimate$1,148
2BR estimate$1,512
Median income$87,321
Median home value$140,400

ACS context

Quick Facts

Population

708

Median age

37.6

Bachelor's degree+

26.4%

Poverty rate

4.4%

Labor force participation

73.5%

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

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

-2.6%

GDP CAGR

+5.0%

Federal flow

5 years

Population (5 years)
2020808
2021736
2022777
2023730
2024708
GDP (5 years)
2020$13.3B
2021$13.5B
2022$15.1B
2023$16.0B
2024$16.9B

2-year linear forecast

Predictive Outlook

Population forecast

2024708
2025690 *
2026669 *

R² = 65.9% · * projected

GDP forecast

2024$16.9B
2025$17.9B *
2026$18.9B *

R² = 96.7% · * 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$87,321/yr
Median rent$1,400/mo
Rent share of income19.2%
Est. mortgage (30yr, 6.5%)$8,519/yr
Mortgage share of income9.8%

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

employment snapshot

Job Market

Unemployment rate3.7%
State avg5.1%
U.S. avg4.3%
Labor force participation73.5%
Poverty rate4.4%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$140,400
Median monthly rent$1,400
Price-to-rent ratio8.4x

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

composite score

Investment Climate

Investment climateModerate
Composite score56/100
Economic growth79/100
Labor market66/100
Population momentum0/100
Overall stability62/100

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

Location Context

McLean village, Illinois

City/Town

Part of

Bloomington, IL

Nearby locations

Atlanta, ILWaynesville, ILArmington, ILShirley, ILStanford, IL