County profile
Montgomery County, MD
United States · GDP 2024
#49 of 3,127 US counties by GDP49th-percentile growthmore diversified than 87% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$117.4B
BEA · 2024
GDP growth (YoY)
+4.3%
BEA · 2024
Jobs tracked
439,792
Census CBP · 2023
Employers
27,677
Census CBP · 2023
Avg. wage
$92.0k
BLS QCEW · 2023
Population
1,074,582
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$132.4k±$2.1k
Bachelor's degree+
60.6%±0.7%
Poverty rate
7.5%±0.3%
Business applications
17,206 · 2025
Retail establishments
2,358
22.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Lockheed Martin CorporationIndustrials$75.0B81B+2Marriott International, Inc.Consumer Cyclical$26.2B82B+3Host Hotels & Resorts, Inc.Real Estate$6.1B69B4United Therapeutics CorporationHealthcare$3.2B92A5ESAB CorporationIndustrials$2.8B60C6Choice Hotels International, Inc.Consumer Cyclical$1.6B71B7Pebblebrook Hotel TrustReal Estate$1.5B49D8RLJ Lodging TrustReal Estate$1.3B52D9Federal Realty Investment TrustReal Estate$1.3B75B+10Novavax, Inc.Healthcare$1.1B69B11DiamondRock Hospitality CompanyReal Estate$1.1B49D12Emergent BioSolutions Inc.Healthcare$742.9M69B13Supernus Pharmaceuticals, Inc.Healthcare$719.0M76B+14Xometry, Inc.Industrials$686.6M52D15JBG SMITH PropertiesReal Estate$498.6M44D16Liquidity Services, Inc.Consumer Cyclical$476.7M70B17Centrus Energy Corp.Energy$448.7M72B18Urban One, Inc.Communication Services$374.4M49D19Walker & Dunlop, Inc.Financial Services$320.0M58C20Saul Centers, Inc.Real Estate$289.8M63C21REGENXBIO Inc.Healthcare$170.4M54D22MacroGenics, Inc.Healthcare$149.5M54D23CEVA, Inc.Technology$109.6M60C24Bresler & Reiner, Inc.Real Estate$93.2M——25CuriosityStream Inc.Communication Services$71.7M45DHQ-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
Professional services28%
Health care25%
Retail trade14%
Admin & support13%
Food & accommodation11%
Construction8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
1,074,582
residents · 2025 · +1.3% since 2020
Income per capita $104.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−59,263
International migration+49,910
Natural change+22,412
GDP trend
2019–2024 · nominal
$95.3B2019
$93.9B2020
$100.1B2021
$105.6B2022
$112.5B2023
$117.4B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$640.3k±$5.1k
Median gross rent
$2.1k/mo±$20/mo
Vacancy rate
4.3%±0.3%
Affordability
7.0× wages
Residential permits
$272.1M
1,411 units · 1.3/1k pop
FEMA risk score
91.7
HUD Fair Market Rent (2BR):$2.2k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 99Heat wave 97Strong wind 97
FHFA HOUSE PRICE INDEX · 2016–2025
7932016
8132017
8312018
8502019
8622020
9362021
10312022
10912023
11492024
11642025
RESIDENTIAL PERMITS · 2021–2025
↓ -24% since 20211,8572021
4,2372022
2,8602023
3,6562024
1,4112025
Transport access
BTS · FAA · USACE
Nearest interstate
0.6 km
I-270
Nearest freight rail
0.6 km
CSXT
Nearest port
34.2 km
CAPITOL STREET
Nearest commercial airport
30.6 km
WASHINGTON DULLES INTL
Filing activity
SEC EDGAR115 filings from 47 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$92.0k
avg. annual pay · +19% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Montgomery?
Montgomery's economy produced $117.4B in 2024, growing 4.3% year over year — about the middle of the pack among US counties. Its largest employment sector is professional services.
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.