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Economic Atlas
Places/IL/Will
County profile

Will

United States · GDP 2024
#116 of 3,127 US counties by GDP45th-percentile growthmore diversified than 94% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$50.3B
GDP growth
+3.9%
Jobs tracked
267,545
Employers
17,085
Avg. wage
$58.3k
Population
712,253
Labor & formation
Unemployment
4.8%
Median HH income
$110.0k±$1.8k
Business applications
10,298 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Ulta Beauty, Inc.Consumer Cyclical$12.4B78B+2Solesence, Inc. Common StockConsumer Defensive$62.1M62C3Town Center BankFinancial Services$10.5M50D

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
Transportation25%
Health care18%
Retail trade17%
Admin & support15%
Food & accommodation14%
Manufacturing11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
712,253
residents · 2025 · +2.2% since 2020
Income per capita $70.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−3,587
International migration+10,594
Natural change+7,859

GDP trend

2019–2024 · nominal
$36.1B
2019
$35.7B
2020
$40.9B
2021
$45.4B
2022
$48.4B
2023
$50.3B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$319.6k±$3.2k
Median gross rent
$1.5k/mo±$33/mo
Vacancy rate
3.9%±0.3%
Affordability
5.5× wages
Residential permits
1,993 (2.8/1k pop)
FEMA risk score
97.3
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 100Tornado 99Heat wave 96
FHFA HOUSE PRICE INDEX · 2016–2025
356
2016
371
2017
386
2018
398
2019
403
2020
442
2021
505
2022
549
2023
587
2024
614
2025
Filing activity
SEC EDGAR

8 filings from 2 companies here in the last 90 days.

8-KSolesence, Inc. Common Stock07-10
8-KUlta Beauty, Inc.06-09
8-KUlta Beauty, Inc.06-02
10-QUlta Beauty, Inc.06-02
8-KSolesence, Inc. Common Stock05-12
10-QSolesence, Inc. Common Stock05-12
8-KSolesence, Inc. Common Stock04-29
DEF 14AUlta Beauty, Inc.04-22
10-KSolesence, Inc. Common Stock03-31
8-KSolesence, Inc. Common Stock03-31
Wage trend
BLS QCEW · 2019–2023
$58.3k
avg. annual pay · +19% since 2019
Similar US counties
nearest by GDP
Charleston$50.5BSouth Central Connecticut$50.1BMontgomery$50.1BFort Bend$49.6BArlington$49.1BBucks$48.8B
The read

Will's economy produced $50.3B in 2024, growing 3.9% year over year — about the middle of the pack among US counties. Its largest employment sector is transportation.

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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