Places/IL/Knox County, IL
County profile

Knox County, IL

United States · GDP 2024
#1114 of 3,127 US counties by GDP67th-percentile growthmore diversified than 56% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$2.4B
BEA · 2024
GDP growth (YoY)
+5.9%
BEA · 2024
Jobs tracked
14,242
Census CBP · 2023
Employers
968
Census CBP · 2023
Avg. wage
$44.6k
BLS QCEW · 2023
Population
47,767
Census PEP · 2025
Labor, income & education
Unemployment
5.1%
Median HH income
$57.0k±$3.3k
Bachelor's degree+
21.0%±1.5%
Poverty rate
14.6%±1.6%
Business applications
344 · 2025
Retail establishments
153
31.9/10k 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
Retail trade30%
Health care26%
Food & accommodation14%
Manufacturing14%
Education9%
Wholesale trade6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
47,767
residents · 2025 · -4.1% since 2020
Income per capita $52.0k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration1,508
International migration+719
Natural change1,289

GDP trend

20192024 · nominal
$1.8B
2019
$1.8B
2020
$2.0B
2021
$2.2B
2022
$2.3B
2023
$2.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$111.9k±$4.7k
Median gross rent
$788/mo±$45/mo
Vacancy rate
11.7%±1.7%
Affordability
2.5× wages
Residential permits
$114.9k
1 units · 0.0/1k pop
FEMA risk score
57.2
HUD Fair Market Rent (2BR):$916/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 96Hail 84Heat wave 80
FHFA HOUSE PRICE INDEX · 20162025
234
2016
233
2017
242
2018
241
2019
252
2020
265
2021
288
2022
307
2023
329
2024
348
2025
RESIDENTIAL PERMITS · 20212025
-67% since 2021
3
2021
3
2022
1
2023
2
2024
1
2025

Transport access

BTS · FAA · USACE
Nearest interstate
3.2 km
I-74
Nearest freight rail
0.9 km
BNSF
Nearest port
55.0 km
Heart of Illinois Port, IL
Nearest commercial airport
52.9 km
GENERAL DOWNING - PEORIA INTL
Wage trend
BLS QCEW · 20192023
$44.6k
avg. annual pay · +23% since 2019
The read

What is the GDP of Knox?

Knox's economy produced $2.4B in 2024, growing 5.9% year over yearfaster than most US counties. Its largest employment sector is retail trade.

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.