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EconPulse

Local economy signal dashboard

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PLACEThriving

Mcmillin, WA

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
Compare
79
66
100
74
96

Population

1,348

Data freshness

Unknown

GDP / Output

+5.7% YoY

79

$64.9B

Output changed +5.7% in 2024.

Vintage date unknown

State growth6.8%
U.S. growth5.3%

Jobs

Unemployment rate

66

4.0%

Unemployment is 4.0% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

+9.1% 5-year

100

1,348

Population moved +9.1% over the latest ACS window.

Vintage date unknown

State population7,816,116
U.S. population334,922,499

Housing

Rent share of income

74

18.7%

Median rent consumes 18.7% of median household income: Affordable.

Vintage date unknown

State rent$1.8K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.6K per resident

96

$7.0B

$7.0B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$89.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$7.0B

$7.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$4.2B
2. Department of Veterans Affairs$1.2B
3. Department of Defense$731.1M

Top recipients

Dollars
1. WASHINGTON ST DEPARTMENT OF TRANSPORTATION$223.6M
2. MILITARY DEPARTMENT, WASHINGTON STATE$135.9M
3. HOUSING AUTHORITY-THE CITY-TCM$85.6M

Affordable

Housing Affordability

18.7%

of median income

1BR estimate$1,797
2BR estimate$2,367
Median income$140,556
Median home value$611,400

ACS context

Quick Facts

Population

1,348

Median age

48.4

Bachelor's degree+

29.1%

Poverty rate

2.3%

Labor force participation

66.8%

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

+1.7%

GDP CAGR

+6.1%

Federal flow

5 years

Population (5 years)
20201,236
20211,077
20221,194
20231,298
20241,348
GDP (5 years)
2020$48.2B
2021$53.2B
2022$57.8B
2023$61.4B
2024$64.9B

2-year linear forecast

Predictive Outlook

Population forecast

20241,348
20251,364 *
20261,409 *

R² = 45.7% · * projected

GDP forecast

2024$64.9B
2025$69.6B *
2026$73.8B *

R² = 99.4% · * 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$140,556/yr
Median rent$2,192/mo
Rent share of income18.7%
Est. mortgage (30yr, 6.5%)$37,099/yr
Mortgage share of income26.4%

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 avg5.1%
U.S. avg5.2%
Labor force participation66.8%
Poverty rate2.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$611,400
Median monthly rent$2,192
Price-to-rent ratio23.2x

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

composite score

Investment Climate

Investment climateStrong
Composite score80/100
Economic growth79/100
Labor market66/100
Population momentum100/100
Overall stability79/100

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

Location Context

McMillin CDP, Washington

City/Town

Part of

Seattle-Tacoma-Bellevue, WA

Nearby locations

Orting, WASouth Hill, WATehaleh, WAAlderton, WAPuyallup, WA