Places/IL/Will County, IL
County profile

Will County, IL

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
BEA · 2024
GDP growth (YoY)
+3.9%
BEA · 2024
Jobs tracked
267,545
Census CBP · 2023
Employers
17,085
Census CBP · 2023
Avg. wage
$58.3k
BLS QCEW · 2023
Population
712,253
Census PEP · 2025
Labor, income & education
Unemployment
5.4%
Median HH income
$110.0k±$1.8k
Bachelor's degree+
37.5%±0.7%
Poverty rate
7.3%±0.4%
Business applications
10,298 · 2025
Retail establishments
1,669
23.5/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Ulta Beauty, Inc.Consumer Cyclical$12.4B79B+2Solesence, Inc. Common StockConsumer Defensive$62.1M63C3Town 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 · 20202025
712,253
residents · 2025 · +2.2% since 2020
Income per capita $70.5k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration3,587
International migration+10,594
Natural change+7,859

GDP trend

20192024 · 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
$593.1M
1,993 units · 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 · 20162025
356
2016
371
2017
386
2018
398
2019
403
2020
442
2021
505
2022
549
2023
587
2024
614
2025
RESIDENTIAL PERMITS · 20212025
1% since 2021
1,970
2021
1,671
2022
1,338
2023
2,002
2024
1,993
2025

Transport access

BTS · FAA · USACE
Nearest interstate
7.9 km
I-80
Nearest freight rail
0.1 km
NIRC
Nearest port
12.1 km
OZINGA MATERIALS & LOGISTICS - JOLIET, IL
Nearest commercial airport
42.3 km
CHICAGO MIDWAY INTL
Waterborne tonnage, host port(s) (CY2023):7,620,522 short tons/yr · Joliet Regional Port, IL
Wage trend
BLS QCEW · 20192023
$58.3k
avg. annual pay · +19% since 2019
The read

What is the GDP of Will?

Will's economy produced $50.3B in 2024, growing 3.9% year over yearabout 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.