Places/IL/Grundy County, IL
County profile

Grundy County, IL

United States · GDP 2024
#647 of 3,127 US counties by GDP55th-percentile growthmore diversified than 87% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$6.0B
BEA · 2024
GDP growth (YoY)
+4.8%
BEA · 2024
Jobs tracked
17,169
Census CBP · 2023
Employers
1,202
Census CBP · 2023
Avg. wage
$68.3k
BLS QCEW · 2023
Population
54,052
Census PEP · 2025
Labor, income & education
Unemployment
5.2%
Median HH income
$92.2k±$7.3k
Bachelor's degree+
23.6%±1.8%
Poverty rate
6.0%±1.1%
Business applications
527 · 2025
Retail establishments
155
28.9/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1First America Resources CorporationFinancial Services$18.8M43D

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
Transportation21%
Health care21%
Retail trade18%
Food & accommodation15%
Manufacturing14%
Construction10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
54,052
residents · 2025 · +2.9% since 2020
Income per capita $63.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,238
International migration+259
Natural change+36

GDP trend

20192024 · nominal
$4.4B
2019
$4.4B
2020
$4.9B
2021
$5.3B
2022
$5.8B
2023
$6.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$271.7k±$10.4k
Median gross rent
$1.2k/mo±$59/mo
Vacancy rate
3.7%±0.8%
Affordability
4.0× wages
Residential permits
$35.5M
114 units · 2.1/1k pop
FEMA risk score
66.5
HUD Fair Market Rent (2BR):$1.5k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 94Tornado 69Strong wind 63
FHFA HOUSE PRICE INDEX · 20162025
274
2016
283
2017
297
2018
303
2019
311
2020
335
2021
370
2022
399
2023
420
2024
448
2025
RESIDENTIAL PERMITS · 20212025
46% since 2021
78
2021
53
2022
55
2023
88
2024
114
2025

Transport access

BTS · FAA · USACE
Nearest interstate
10.5 km
I-80
Nearest freight rail
4.8 km
BNSF
Nearest port
6.3 km
Material Service Corp., Yard 34 Loading Dock.
Nearest commercial airport
78.5 km
CHICAGO MIDWAY INTL
Wage trend
BLS QCEW · 20192023
$68.3k
avg. annual pay · +17% since 2019
The read

What is the GDP of Grundy?

Grundy's economy produced $6.0B in 2024, growing 4.8% year over yearabout the middle of the pack among US counties. Its largest employment sector is transportation.

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.