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EconPulse

Local economy signal dashboard

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PLACEThriving

North Lake, WI

Thriving overall. Jobs 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 score88out of 100
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69
100
100
78
99

Population

348

Data freshness

Unknown

GDP / Output

+4.4% YoY

69

$42.0B

Output changed +4.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg3.2%
U.S. avg5.2%

Population

+16.0% 5-year

100

348

Population moved +16.0% over the latest ACS window.

Vintage date unknown

State population5,914,872
U.S. population334,922,499

Housing

Rent share of income

78

15.9%

Median rent consumes 15.9% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.0K per resident

99

$3.2B

$3.2B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$113.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$3.2B

$8.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$2.7B
2. Department of Veterans Affairs$214.5M
3. Department of Defense$192.1M

Top recipients

Dollars
1. GE PRECISION HEALTHCARE LLC$120.4M
2. KONECRANES NUCLEAR EQUIPMENT & SERVICES, LLC$66.2M
3. WISCONSIN DEPARTMENT OF TRANSPORTATION$57.8M

Affordable

Housing Affordability

15.9%

of median income

1BR estimate$732
2BR estimate$964
Median income$67,321
Median home value$384,400

ACS context

Quick Facts

Population

348

Median age

45.7

Bachelor's degree+

54.1%

Poverty rate

11.8%

Labor force participation

53.4%

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

Latest available

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

+3.0%

GDP CAGR

+5.5%

Federal flow

5 years

Population (5 years)
2020300
2021288
2022209
2023222
2024348
GDP (5 years)
2020$32.2B
2021$34.4B
2022$37.8B
2023$40.3B
2024$42.0B

2-year linear forecast

Predictive Outlook

Population forecast

2024348
2025282 *
2026285 *

R² = 0.7% · * projected

GDP forecast

2024$42.0B
2025$45.0B *
2026$47.5B *

R² = 99.0% · * 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$67,321/yr
Median rent$893/mo
Rent share of income15.9%
Est. mortgage (30yr, 6.5%)$23,325/yr
Mortgage share of income34.6%

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

employment snapshot

Job Market

Unemployment rate0.0%
State avg3.2%
U.S. avg5.2%
Labor force participation53.4%
Poverty rate11.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$384,400
Median monthly rent$893
Price-to-rent ratio35.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score88/100
Economic growth69/100
Labor market100/100
Population momentum100/100
Overall stability88/100

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

Location Context

North Lake CDP, Wisconsin

City/Town

Part of

Milwaukee-Waukesha, WI

Nearby locations

Chenequa, WIMerton, WIHartland, WIOkauchee Lake, WINashotah, WI