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EconPulse

Local economy signal dashboard

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PLACEThriving

Prinsburg, MN

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 score90out of 100
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69
100
100
85
100

Population

651

Data freshness

Unknown

GDP / Output

+4.2% YoY

69

$3.1B

Output changed +4.2% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

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

Population

+16.0% 5-year

100

651

Population moved +16.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

85

11.0%

Median rent consumes 11.0% 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

$9.5K per resident

100

$417.1M

$417.1M 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

$417.1M

$9.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$241.7M
2. Department of Agriculture$97.3M
3. Department of Transportation$28.7M

Top recipients

Dollars
1. JENNIE-O TURKEY STORE INC$55.0M
2. REDACTED DUE TO PII$38.1M
3. MINNESOTA DEPARTMENT OF TRANSPORTATION$21.3M

Affordable

Housing Affordability

11.0%

of median income

1BR estimate$804
2BR estimate$1,059
Median income$107,500
Median home value$197,200

ACS context

Quick Facts

Population

651

Median age

26.9

Bachelor's degree+

37.4%

Poverty rate

9.5%

Labor force participation

76.3%

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

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

+6.4%

Federal flow

5 years

Population (5 years)
2020561
2021523
2022515
2023615
2024651
GDP (5 years)
2020$2.3B
2021$2.5B
2022$2.8B
2023$3.0B
2024$3.1B

2-year linear forecast

Predictive Outlook

Population forecast

2024651
2025655 *
2026682 *

R² = 53.4% · * projected

GDP forecast

2024$3.1B
2025$3.4B *
2026$3.6B *

R² = 98.3% · * 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$107,500/yr
Median rent$981/mo
Rent share of income11.0%
Est. mortgage (30yr, 6.5%)$11,966/yr
Mortgage share of income11.1%

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 avg4.1%
U.S. avg5.2%
Labor force participation76.3%
Poverty rate9.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$197,200
Median monthly rent$981
Price-to-rent ratio16.8x

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

composite score

Investment Climate

Investment climateStrong
Composite score88/100
Economic growth69/100
Labor market100/100
Population momentum100/100
Overall stability90/100

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

Location Context

Prinsburg city, Minnesota

City/Town

Part of

Willmar, MN

Nearby locations

Raymond, MNBlomkest, MNClara City, MNRenville, MNDanube, MN