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EconPulse

Local economy signal dashboard

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PLACEStable

Mcminnville, OR

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

Post on XLinkedIn
Overall score58out of 100
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63
39
52
69
91

Population

34,596

Data freshness

Unknown

GDP / Output

+3.5% YoY

63

$5.2B

Output changed +3.5% in 2024.

Vintage date unknown

State growth4.9%
U.S. growth5.3%

Jobs

Unemployment rate

39

5.5%

Unemployment is 5.5% for Latest available.

Vintage date unknown

State avg5.4%
U.S. avg4.3%

Population

+0.4% 5-year

52

34,596

Population moved +0.4% over the latest ACS window.

Vintage date unknown

State population4,254,293
U.S. population334,922,499

Housing

Rent share of income

69

22.5%

Median rent consumes 22.5% of median household income: Affordable.

Vintage date unknown

State rent$1.5K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.0K per resident

91

$758.3M

$758.3M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$57.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$758.3M

$7.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$593.9M
2. Department of Veterans Affairs$61.3M
3. Department of Housing and Urban Development$24.7M

Top recipients

Dollars
1. CONFEDERATED TRIBES OF GRAND RONDE$30.6M
2. HOUSING AUTHORITY OF YAMHILL COUNTY$25.3M
3. A-DEC INC$12.7M

Affordable

Housing Affordability

22.5%

of median income

1BR estimate$1,132
2BR estimate$1,490
Median income$73,736
Median home value$432,800

ACS context

Quick Facts

Population

34,596

Median age

38.9

Bachelor's degree+

25.8%

Poverty rate

16.0%

Labor force participation

56.8%

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

+0.1%

GDP CAGR

+5.7%

Federal flow

5 years

Population (5 years)
202034,466
202134,224
202234,432
202334,493
202434,596
GDP (5 years)
2020$3.9B
2021$4.4B
2022$4.7B
2023$5.0B
2024$5.2B

2-year linear forecast

Predictive Outlook

Population forecast

202434,596
202534,601 *
202634,654 *

R² = 37.6% · * projected

GDP forecast

2024$5.2B
2025$5.6B *
2026$5.9B *

R² = 96.8% · * 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$73,736/yr
Median rent$1,380/mo
Rent share of income22.5%
Est. mortgage (30yr, 6.5%)$26,262/yr
Mortgage share of income35.6%

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

employment snapshot

Job Market

Unemployment rate5.5%
State avg5.4%
U.S. avg4.3%
Labor force participation56.8%
Poverty rate16.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$432,800
Median monthly rent$1,380
Price-to-rent ratio26.1x

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

composite score

Investment Climate

Investment climateModerate
Composite score54/100
Economic growth63/100
Labor market39/100
Population momentum52/100
Overall stability58/100

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

Location Context

McMinnville city, Oregon

City/Town

Part of

Portland-Vancouver-Hillsboro, OR-WA

Nearby locations

Lafayette, ORDayton, ORCarlton, ORAmity, ORYamhill, OR