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EconPulse

Local economy signal dashboard

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PLACEThriving

New Rockford, ND

Thriving overall. GDP / Output is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score75out of 100
Compare
100
87
0
77
100

Population

1,260

Data freshness

Unknown

GDP / Output

+21.0% YoY

100

$221.1M

Output changed +21.0% in 2024.

Vintage date unknown

State growth2.8%
U.S. growth5.3%

Jobs

Unemployment rate

87

2.6%

Unemployment is 2.6% for June 2026.

Vintage date unknown

State avg2.8%
U.S. avg5.2%

Population

-11.8% 5-year

0

1,260

Population moved -11.8% over the latest ACS window.

Vintage date unknown

State population784,841
U.S. population334,922,499

Housing

Rent share of income

77

16.2%

Median rent consumes 16.2% of median household income: Affordable.

Vintage date unknown

State rent$954
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$12.4K per resident

100

$29.2M

$29.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$98.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$29.2M

$12.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$13.7M
2. Department of Agriculture$12.1M
3. Department of Education$1.5M

Top recipients

Dollars
1. REDACTED DUE TO PII$11.5M
2. SPIRIT LAKE TRIBE$1.6M
3. WARWICK SCHOOL DISTRICT 29$1.6M

Affordable

Housing Affordability

16.2%

of median income

1BR estimate$481
2BR estimate$634
Median income$43,600
Median home value$101,300

ACS context

Quick Facts

Population

1,260

Median age

46.1

Bachelor's degree+

29.1%

Poverty rate

12.9%

Labor force participation

62.0%

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

-2.5%

GDP CAGR

+12.0%

Federal flow

5 years

Population (5 years)
20201,428
20211,374
20221,421
20231,325
20241,260
GDP (5 years)
2020$125.3M
2021$137.9M
2022$183.4M
2023$182.8M
2024$221.1M

2-year linear forecast

Predictive Outlook

Population forecast

20241,260
20251,246 *
20261,208 *

R² = 75.0% · * projected

GDP forecast

2024$221.1M
2025$241.0M *
2026$264.6M *

R² = 93.5% · * 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$43,600/yr
Median rent$587/mo
Rent share of income16.2%
Est. mortgage (30yr, 6.5%)$6,147/yr
Mortgage share of income14.1%

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

employment snapshot

Job Market

Unemployment rate2.6%
State avg2.8%
U.S. avg5.2%
Labor force participation62.0%
Poverty rate12.9%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$101,300
Median monthly rent$587
Price-to-rent ratio14.4x

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

composite score

Investment Climate

Investment climateStrong
Composite score71/100
Economic growth100/100
Labor market87/100
Population momentum0/100
Overall stability75/100

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

Location Context

New Rockford city, North Dakota

City/Town

Part of

North Dakota

Nearby locations

Sheyenne, NDCathay, NDCarrington, NDOberon, NDGrace City, ND