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EconPulse

Local economy signal dashboard

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PLACEStable

Mill Creek, OK

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

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Overall score35out of 100
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0
30
0
65
100

Population

278

Data freshness

Unknown

GDP / Output

-9.5% YoY

0

$590.6M

Output changed -9.5% in 2024.

Vintage date unknown

State growth3.0%
U.S. growth5.3%

Jobs

Unemployment rate

30

6.4%

Unemployment is 6.4% for June 2026.

Vintage date unknown

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

Population

-8.3% 5-year

0

278

Population moved -8.3% over the latest ACS window.

Vintage date unknown

State population4,028,634
U.S. population334,922,499

Housing

Rent share of income

65

24.8%

Median rent consumes 24.8% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$10.0K per resident

100

$102.3M

$102.3M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$50.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$102.3M

$10.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$58.8M
2. Department of Transportation$11.6M
3. Department of Veterans Affairs$10.5M

Top recipients

Dollars
1. OKLAHOMA DEPARTMENT OF TRANSPORTATION$8.0M
2. MURRAY STATE COLLEGE$5.5M
3. ADA, CITY OF$5.2M

Affordable

Housing Affordability

24.8%

of median income

1BR estimate$651
2BR estimate$858
Median income$38,438
Median home value$59,500

ACS context

Quick Facts

Population

278

Median age

46.1

Bachelor's degree+

8.9%

Poverty rate

13.0%

Labor force participation

45.3%

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

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

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

+5.1%

Federal flow

5 years

Population (5 years)
2020303
2021268
2022262
2023248
2024278
GDP (5 years)
2020$460.7M
2021$504.7M
2022$604.5M
2023$652.9M
2024$590.6M

2-year linear forecast

Predictive Outlook

Population forecast

2024278
2025251 *
2026244 *

R² = 29.0% · * projected

GDP forecast

2024$590.6M
2025$685.1M *
2026$725.9M *

R² = 68.2% · * 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$38,438/yr
Median rent$794/mo
Rent share of income24.8%
Est. mortgage (30yr, 6.5%)$3,610/yr
Mortgage share of income9.4%

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

employment snapshot

Job Market

Unemployment rate6.4%
State avg5.0%
U.S. avg5.2%
Labor force participation45.3%
Poverty rate13.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$59,500
Median monthly rent$794
Price-to-rent ratio6.2x

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

composite score

Investment Climate

Investment climateWeak
Composite score16/100
Economic growth0/100
Labor market30/100
Population momentum0/100
Overall stability35/100

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

Location Context

Mill Creek town, Oklahoma

City/Town

Part of

Oklahoma

Nearby locations

Reagan, OKHickory, OKSulphur, OKConnerville, OKRavia, OK