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Places/IL/Madison
County profile

Madison

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
GDP growth
+6.9%
Jobs tracked
93,915
Employers
5,659
Avg. wage
$55.1k
Population
263,110
Labor & formation
Unemployment
3.9%
Median HH income
$75.8k±$1.8k
Business applications
2,929 · 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
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
$12.7B
2019
$11.0B
2020
$13.2B
2021
$14.9B
2022
$15.5B
2023
$16.6B
2024

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
435 (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
405
2016
415
2017
427
2018
438
2019
448
2020
481
2021
538
2022
582
2023
617
2024
659
2025

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
Wage trend
BLS QCEW · 2019–2023
$55.1k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDP
Saratoga$16.6BEctor$16.5BSmith$16.7BDeschutes$16.7BSt. Lucie$16.7BChittenden$16.4B
The read

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.
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