County profile
McDonough County, IL
United States · GDP 2024
#1539 of 3,127 US counties by GDP34th-percentile growthmore diversified than 51% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$1.5B
BEA · 2024
GDP growth (YoY)
+2.6%
BEA · 2024
Jobs tracked
8,590
Census CBP · 2023
Employers
611
Census CBP · 2023
Avg. wage
$47.3k
BLS QCEW · 2023
Population
25,916
Census PEP · 2025
Labor, income & education
Unemployment
5.2%
Median HH income
$52.8k±$2.9k
Bachelor's degree+
31.4%±2.6%
Poverty rate
17.2%±2.1%
Business applications
204 · 2025
Retail establishments
92
35.2/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
Manufacturing29%
Health care25%
Retail trade22%
Food & accommodation15%
Arts & recreation5%
Other services5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
25,916
residents · 2025 · -4.5% since 2020
Income per capita $51.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−997
International migration+184
Natural change−446
GDP trend
2019–2024 · nominal
$1.1B2019
$1.1B2020
$1.2B2021
$1.4B2022
$1.4B2023
$1.5B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$107.5k±$7.0k
Median gross rent
$761/mo±$42/mo
Vacancy rate
12.7%±2.4%
Affordability
2.3× wages
Residential permits
$80.0k
1 units · 0.0/1k pop
FEMA risk score
37.5
HUD Fair Market Rent (2BR):$951/mo · 2026
TOP PERILS · FEMA NRI
Drought 83Heat wave 82Hail 74
FHFA HOUSE PRICE INDEX · 2016–2025
2272016
2242017
2132018
2142019
2182020
2262021
2392022
2532023
2822024
2832025
RESIDENTIAL PERMITS · 2021–2025
↓ -50% since 202122021
02022
12023
12024
12025
Transport access
BTS · FAA · USACE
Nearest interstate
60.7 km
I-74
Nearest freight rail
0.3 km
BNSF
Nearest port
46.5 km
CARGILL, INC.
Nearest commercial airport
52.4 km
SOUTHEAST IOWA RGNL
Wage trend
BLS QCEW · 2019–2023$47.3k
avg. annual pay · +19% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of McDonough?
McDonough's economy produced $1.5B in 2024, growing 2.6% year over year — slower than 66% of US counties. Its largest employment sector is manufacturing.
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.