Places/IL/Morgan County, IL
County profile

Morgan County, IL

United States · GDP 2024
#1252 of 3,127 US counties by GDP28th-percentile growthmore diversified than 69% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$2.1B
BEA · 2024
GDP growth (YoY)
+1.8%
BEA · 2024
Jobs tracked
12,835
Census CBP · 2023
Employers
759
Census CBP · 2023
Avg. wage
$50.7k
BLS QCEW · 2023
Population
32,515
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$66.3k±$3.2k
Bachelor's degree+
22.6%±2.1%
Poverty rate
13.4%±2.0%
Business applications
233 · 2025
Retail establishments
123
37.7/10k 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
Manufacturing28%
Health care22%
Retail trade18%
Food & accommodation13%
Finance & insurance13%
Education6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
32,515
residents · 2025 · -2.9% since 2020
Income per capita $53.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration392
International migration+51
Natural change646

GDP trend

20192024 · nominal
$1.6B
2019
$1.6B
2020
$1.7B
2021
$1.9B
2022
$2.0B
2023
$2.1B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$130.8k±$7.2k
Median gross rent
$722/mo±$37/mo
Vacancy rate
12.9%±2.0%
Affordability
2.6× wages
Residential permits
$2.7M
15 units · 0.5/1k pop
FEMA risk score
71.1
HUD Fair Market Rent (2BR):$916/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 94Drought 93Strong wind 87
FHFA HOUSE PRICE INDEX · 20162025
206
2016
203
2017
208
2018
211
2019
213
2020
225
2021
240
2022
272
2023
279
2024
301
2025
RESIDENTIAL PERMITS · 20212025
650% since 2021
2
2021
1
2022
2
2023
8
2024
15
2025

Transport access

BTS · FAA · USACE
Nearest interstate
1.8 km
I-72
Nearest freight rail
0.4 km
BNSF
Nearest port
33.5 km
CARGILL AGHORIZONS, MEREDOSIA GRAIN ELEVATOR DOCK
Nearest commercial airport
47.0 km
ABRAHAM LINCOLN CAPITAL
Wage trend
BLS QCEW · 20192023
$50.7k
avg. annual pay · +21% since 2019
The read

What is the GDP of Morgan?

Morgan's economy produced $2.1B in 2024, growing 1.8% year over yearslower than 72% 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.