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Places/IL/McDonough
County profile

McDonough

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
GDP growth
+2.6%
Jobs tracked
8,590
Employers
611
Avg. wage
$47.3k
Population
25,916
Labor & formation
Unemployment
4.1%
Median HH income
$52.8k±$2.9k
Business applications
204 · 2025

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
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
$1.1B
2019
$1.1B
2020
$1.2B
2021
$1.4B
2022
$1.4B
2023
$1.5B
2024

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
1 (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
227
2016
224
2017
213
2018
214
2019
218
2020
226
2021
239
2022
253
2023
282
2024
283
2025

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 GDP
Emery$1.5BTyler$1.5BGreenbrier$1.5BMontezuma$1.5BLeflore$1.5BPutnam$1.5B
The read

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.
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