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EconPulse

Local economy signal dashboard

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PLACEStable

Mountain Lake, MN

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 score66out of 100
Compare
70
45
64
77
100

Population

2,070

Data freshness

Unknown

GDP / Output

+4.5% YoY

70

$865.1M

Output changed +4.5% in 2024.

Vintage date unknown

State growth5.1%
U.S. growth5.3%

Jobs

Unemployment rate

45

5.4%

Unemployment is 5.4% for June 2026.

Vintage date unknown

State avg4.1%
U.S. avg5.2%

Population

+2.4% 5-year

64

2,070

Population moved +2.4% over the latest ACS window.

Vintage date unknown

State population5,739,445
U.S. population334,922,499

Housing

Rent share of income

77

16.8%

Median rent consumes 16.8% 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

$9.6K per resident

100

$110.0M

$110.0M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$242.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$110.0M

$9.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$67.5M
2. Department of Agriculture$34.9M
3. Department of Veterans Affairs$5.3M

Top recipients

Dollars
1. REDACTED DUE TO PII$34.9M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$1.5M
3. CITY OF WINDOM$203.8K

Affordable

Housing Affordability

16.8%

of median income

1BR estimate$762
2BR estimate$1,003
Median income$66,490
Median home value$143,100

ACS context

Quick Facts

Population

2,070

Median age

31.5

Bachelor's degree+

21.3%

Poverty rate

14.3%

Labor force participation

65.2%

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

2026-07-30

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

+0.5%

GDP CAGR

+5.0%

Federal flow

5 years

Population (5 years)
20202,022
20211,952
20221,900
20231,833
20242,070
GDP (5 years)
2020$678.7M
2021$778.5M
2022$893.2M
2023$828.2M
2024$865.1M

2-year linear forecast

Predictive Outlook

Population forecast

20242,070
20251,949 *
20261,946 *

R² = 0.1% · * projected

GDP forecast

2024$865.1M
2025$935.5M *
2026$977.7M *

R² = 62.6% · * 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$66,490/yr
Median rent$929/mo
Rent share of income16.8%
Est. mortgage (30yr, 6.5%)$8,683/yr
Mortgage share of income13.1%

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

employment snapshot

Job Market

Unemployment rate5.4%
State avg4.1%
U.S. avg5.2%
Labor force participation65.2%
Poverty rate14.3%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$143,100
Median monthly rent$929
Price-to-rent ratio12.8x

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

composite score

Investment Climate

Investment climateModerate
Composite score62/100
Economic growth70/100
Labor market45/100
Population momentum64/100
Overall stability66/100

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

Location Context

Mountain Lake city, Minnesota

City/Town

Part of

Minnesota

Nearby locations

Bingham Lake, MNButterfield, MNDarfur, MNFish Lake, MNOdin, MN