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EconPulse

Local economy signal dashboard

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PLACEStable

Mcminnville, TN

Stable 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 score52out of 100
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84
0
56
72
90

Population

13,844

Data freshness

Unknown

GDP / Output

+6.5% YoY

84

$2.0B

Output changed +6.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

9.0%

Unemployment is 9.0% for Latest available.

Vintage date unknown

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

Population

+1.0% 5-year

56

13,844

Population moved +1.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

72

20.1%

Median rent consumes 20.1% 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

$6.9K per resident

90

$282.0M

$282.0M 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

$282.0M

$6.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$239.6M
2. Department of Veterans Affairs$32.7M
3. Department of Agriculture$3.9M

Top recipients

Dollars
1. REDACTED DUE TO PII$3.2M
2. TENNESSEE DEPARTMENT OF TRANSPORTATION$2.5M
3. VALOR HEALTHCARE INC$2.4M

Affordable

Housing Affordability

20.1%

of median income

1BR estimate$649
2BR estimate$854
Median income$47,179
Median home value$182,200

ACS context

Quick Facts

Population

13,844

Median age

37.0

Bachelor's degree+

11.7%

Poverty rate

20.7%

Labor force participation

56.0%

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

2026-06-10

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

+0.2%

GDP CAGR

+5.9%

Federal flow

5 years

Population (5 years)
202013,707
202113,699
202213,756
202313,765
202413,844
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.7B
2023$1.9B
2024$2.0B

2-year linear forecast

Predictive Outlook

Population forecast

202413,844
202513,856 *
202613,890 *

R² = 85.9% · * projected

GDP forecast

2024$2.0B
2025$2.1B *
2026$2.2B *

R² = 99.3% · * 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$47,179/yr
Median rent$791/mo
Rent share of income20.1%
Est. mortgage (30yr, 6.5%)$11,056/yr
Mortgage share of income23.4%

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

employment snapshot

Job Market

Unemployment rate9.0%
State avg3.6%
U.S. avg4.3%
Labor force participation56.0%
Poverty rate20.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$182,200
Median monthly rent$791
Price-to-rent ratio19.2x

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

composite score

Investment Climate

Investment climateModerate
Composite score49/100
Economic growth84/100
Labor market0/100
Population momentum56/100
Overall stability52/100

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

Location Context

McMinnville city, Tennessee

City/Town

Part of

McMinnville, TN

Nearby locations

Centertown, TNMorrison, TNViola, TNBeersheba Springs, TNAltamont, TN