Places/IL/Montgomery County, IL
County profile

Montgomery County, IL

United States · GDP 2024
#1269 of 3,127 US counties by GDPtop-decile growthmore diversified than 84% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$2.0B
BEA · 2024
GDP growth (YoY)
+26.9%
BEA · 2024
Jobs tracked
7,538
Census CBP · 2023
Employers
676
Census CBP · 2023
Avg. wage
$45.4k
BLS QCEW · 2023
Population
28,076
Census PEP · 2025
Labor, income & education
Unemployment
4.3%
Median HH income
$63.6k±$4.9k
Bachelor's degree+
18.3%±1.7%
Poverty rate
12.6%±1.8%
Business applications
215 · 2025
Retail establishments
113
40.6/10k 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
Health care29%
Retail trade25%
Food & accommodation16%
Manufacturing13%
Wholesale trade9%
Admin & support8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
28,076
residents · 2025 · -0.6% since 2020
Income per capita $56.5k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+487
International migration+11
Natural change652

GDP trend

20192024 · nominal
$1.2B
2019
$1.1B
2020
$1.4B
2021
$1.5B
2022
$1.6B
2023
$2.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$112.3k±$7.7k
Median gross rent
$723/mo±$37/mo
Vacancy rate
9.4%±1.8%
Affordability
2.5× wages
Residential permits
$2.6M
11 units · 0.4/1k pop
FEMA risk score
65.4
HUD Fair Market Rent (2BR):$937/mo · 2026
TOP PERILS · FEMA NRI
Earthquake 90Strong wind 84Drought 80
FHFA HOUSE PRICE INDEX · 20162025
206
2016
210
2017
211
2018
219
2019
224
2020
241
2021
270
2022
294
2023
320
2024
309
2025
RESIDENTIAL PERMITS · 20212025
-50% since 2021
22
2021
10
2022
21
2023
9
2024
11
2025

Transport access

BTS · FAA · USACE
Nearest interstate
14.1 km
I-55
Nearest freight rail
6.5 km
UP
Nearest port
69.0 km
Economy Boat Store Wharf.
Nearest commercial airport
62.0 km
ST LOUIS RGNL
Wage trend
BLS QCEW · 20192023
$45.4k
avg. annual pay · +13% since 2019
The read

What is the GDP of Montgomery?

Montgomery's economy produced $2.0B in 2024, growing 26.9% year over yearfaster than 99% of 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.