Places/IL/Coles County, IL
County profile

Coles County, IL

United States · GDP 2024
#892 of 3,127 US counties by GDP62nd-percentile growthmore diversified than 77% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$3.5B
BEA · 2024
GDP growth (YoY)
+5.5%
BEA · 2024
Jobs tracked
20,638
Census CBP · 2023
Employers
1,112
Census CBP · 2023
Avg. wage
$50.4k
BLS QCEW · 2023
Population
46,607
Census PEP · 2025
Labor, income & education
Unemployment
4.1%
Median HH income
$56.5k±$3.4k
Bachelor's degree+
26.9%±2.2%
Poverty rate
18.7%±2.2%
Business applications
483 · 2025
Retail establishments
177
38.0/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1First Mid Bancshares, Inc.Financial Services

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 care32%
Retail trade17%
Management17%
Food & accommodation14%
Manufacturing12%
Admin & support9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
46,607
residents · 2025 · -1.0% since 2020
Income per capita $57.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration500
International migration+436
Natural change436

GDP trend

20192024 · nominal
$2.5B
2019
$2.5B
2020
$3.0B
2021
$3.1B
2022
$3.3B
2023
$3.5B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$127.4k±$7.3k
Median gross rent
$780/mo±$41/mo
Vacancy rate
8.2%±1.4%
Affordability
2.5× wages
Residential permits
$4.2M
16 units · 0.3/1k pop
FEMA risk score
70.4
HUD Fair Market Rent (2BR):$965/mo · 2026
TOP PERILS · FEMA NRI
Drought 89Earthquake 87Winter weather 79
FHFA HOUSE PRICE INDEX · 20162025
214
2016
212
2017
212
2018
218
2019
221
2020
239
2021
270
2022
285
2023
320
2024
324
2025
RESIDENTIAL PERMITS · 20212025
45% since 2021
11
2021
4
2022
30
2023
36
2024
16
2025

Transport access

BTS · FAA · USACE
Nearest interstate
7.9 km
I-57
Nearest freight rail
2.6 km
Freight rail
Nearest port
168.0 km
AMERICAN MILLING CO., PEKIN GRAIN ELEVATOR DOCK
Nearest commercial airport
7.0 km
COLES COUNTY MEML
Wage trend
BLS QCEW · 20192023
$50.4k
avg. annual pay · +26% since 2019
The read

What is the GDP of Coles?

Coles's economy produced $3.5B in 2024, growing 5.5% 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.