County profile
Madison County, IL
United States · GDP 2024
#305 of 3,127 US counties by GDPtop-quartile growthmore diversified than 92% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$16.6B
BEA · 2024
GDP growth (YoY)
+6.9%
BEA · 2024
Jobs tracked
93,915
Census CBP · 2023
Employers
5,659
Census CBP · 2023
Avg. wage
$55.1k
BLS QCEW · 2023
Population
263,110
Census PEP · 2025
Labor, income & education
Unemployment
4.1%
Median HH income
$75.8k±$1.8k
Bachelor's degree+
31.0%±1.0%
Poverty rate
11.1%±0.6%
Business applications
2,929 · 2025
Retail establishments
736
28.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Ameren Illinois Company PFD 4.26%Utilities———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 care21%
Retail trade18%
Transportation18%
Food & accommodation17%
Manufacturing15%
Construction11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
263,110
residents · 2025 · -1.0% since 2020
Income per capita $62.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−461
International migration+1,038
Natural change−3,261
GDP trend
2019–2024 · nominal
$12.7B2019
$11.0B2020
$13.2B2021
$14.9B2022
$15.5B2023
$16.6B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$173.0k±$2.4k
Median gross rent
$1.0k/mo±$23/mo
Vacancy rate
7.6%±0.7%
Affordability
3.1× wages
Residential permits
$117.2M
435 units · 1.7/1k pop
FEMA risk score
93.4
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Heat wave 98Tornado 98Hail 97
FHFA HOUSE PRICE INDEX · 2016–2025
4052016
4152017
4272018
4382019
4482020
4812021
5382022
5822023
6172024
6592025
RESIDENTIAL PERMITS · 2021–2025
↑ 9% since 20213992021
4132022
3402023
3662024
4352025
Transport access
BTS · FAA · USACE
Nearest interstate
2.0 km
I-55
Nearest freight rail
1.0 km
Freight rail
Nearest port
17.2 km
THE PREMCOR REFINING GROUP, WOOD RIVER REFINERY DOCK
Nearest commercial airport
13.9 km
ST LOUIS RGNL
Filing activity
SEC EDGAR1 filing from 1 company here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$55.1k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Madison?
Madison's economy produced $16.6B in 2024, growing 6.9% year over year — faster 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.