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Places/MD/Montgomery
County profile

Montgomery

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
GDP growth
+4.3%
Jobs tracked
439,792
Employers
27,677
Avg. wage
$92.0k
Population
1,074,582
Labor & formation
Unemployment
3.6%
Median HH income
$132.4k±$2.1k
Business applications
17,206 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Lockheed Martin CorporationIndustrials$75.0B81B+2Marriott International, Inc.Consumer Cyclical$26.2B81B+3Host Hotels & Resorts, Inc.Real Estate$6.1B68B4United Therapeutics CorporationHealthcare$3.2B92A5ESAB CorporationIndustrials$2.8B60C6Choice Hotels International, Inc.Consumer Cyclical$1.6B71B7Novavax, Inc.Healthcare$1.1B69B8DiamondRock Hospitality CompanyReal Estate$1.1B48D9Emergent BioSolutions Inc.Healthcare$742.9M70B10Supernus Pharmaceuticals, Inc.Healthcare$719.0M75B+11Xometry, Inc.Industrials$686.6M51D12JBG SMITH PropertiesReal Estate$498.6M43D13Liquidity Services, Inc.Consumer Cyclical$476.7M70B14Centrus Energy Corp.Energy$448.7M71B15Urban One, Inc.Communication Services$374.4M49D16Walker & Dunlop, Inc.Financial Services$320.0M58C17Saul Centers, Inc.Real Estate$289.8M61C18REGENXBIO Inc.Healthcare$170.4M54D19MacroGenics, Inc.Healthcare$149.5M54D20CEVA, Inc.Technology$109.6M60C21Bresler & Reiner, Inc.Real Estate$93.2M——22CuriosityStream Inc.Technology$71.7M44D23Castellum, Inc.Technology$52.9M54D24Bioqual, Inc.Healthcare$48.9M65B25Senseonics Holdings, Inc.Healthcare$35.3M57C

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
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
$95.3B
2019
$93.9B
2020
$100.1B
2021
$105.6B
2022
$112.5B
2023
$117.4B
2024

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
1,411 (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
793
2016
813
2017
831
2018
850
2019
862
2020
936
2021
1031
2022
1091
2023
1149
2024
1164
2025
Filing activity
SEC EDGAR

235 filings from 52 companies here in the last 90 days.

8-KMacroGenics, Inc.07-08
8-KMacroGenics, Inc.07-07
8-KTheriva Biologics, Inc.07-07
8-KCuriosityStream Inc.07-07
8-KLiquidity Services, Inc.07-07
8-KEagle Bancorp, Inc.07-06
8-KIGC Pharma, Inc.07-06
8-KCentrus Energy Corp.07-02
8-KCastellum, Inc.07-02
8-K20/20 Biolabs Inc.07-01
Wage trend
BLS QCEW · 2019–2023
$92.0k
avg. annual pay · +19% since 2019
Similar US counties
nearest by GDP
Davidson$116.9BCollin$115.4BSt. Louis$114.8BWestchester$120.2BFairfield$113.4BCapitol$110.9B
The read

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.
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