Places/AL/Montgomery County, AL
County profile

Montgomery County, AL

United States · GDP 2024
#260 of 3,127 US counties by GDP67th-percentile growthmore diversified than 94% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$19.9B
BEA · 2024
GDP growth (YoY)
+5.9%
BEA · 2024
Jobs tracked
103,653
Census CBP · 2023
Employers
5,584
Census CBP · 2023
Avg. wage
$59.1k
BLS QCEW · 2023
Population
225,891
Census PEP · 2025
Labor, income & education
Unemployment
4.2%
Median HH income
$59.4k±$1.6k
Bachelor's degree+
34.5%±1.4%
Poverty rate
19.9%±1.3%
Business applications
3,867 · 2025
Retail establishments
888
39.3/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care25%
Manufacturing21%
Retail trade17%
Food & accommodation16%
Admin & support12%
Wholesale trade9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
225,891
residents · 2025 · -1.1% since 2020
Income per capita $57.3k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration8,880
International migration+4,612
Natural change+1,834

GDP trend

20192024 · nominal
$14.7B
2019
$14.7B
2020
$15.7B
2021
$17.1B
2022
$18.8B
2023
$19.9B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$171.9k±$4.4k
Median gross rent
$1.1k/mo±$21/mo
Vacancy rate
13.9%±0.8%
Affordability
2.9× wages
Residential permits
$136.3M
729 units · 3.2/1k pop
FEMA risk score
91.8
HUD Fair Market Rent (2BR):$1.0k/mo · 2026
TOP PERILS · FEMA NRI
Lightning 97Tornado 97Heat wave 97
FHFA HOUSE PRICE INDEX · 20162025
244
2016
245
2017
246
2018
253
2019
263
2020
284
2021
321
2022
339
2023
352
2024
357
2025
RESIDENTIAL PERMITS · 20212025
21% since 2021
601
2021
500
2022
491
2023
460
2024
729
2025

Transport access

BTS · FAA · USACE
Nearest interstate
14.6 km
I-65
Nearest freight rail
6.8 km
CSXT
Nearest port
65.8 km
ALABAMA STATE DOCKS, SELMA INLAND DOCK
Nearest commercial airport
19.7 km
MONTGOMERY RGNL (DANNELLY FLD)
Wage trend
BLS QCEW · 20192023
$59.1k
avg. annual pay · +24% since 2019
The read

What is the GDP of Montgomery?

Montgomery's economy produced $19.9B in 2024, growing 5.9% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.