County profile
Madison County, MT
United States · GDP 2024
#2213 of 3,127 US counties by GDPbottom-decile growthmore diversified than 6% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$651.0M
BEA · 2024
GDP growth (YoY)
-11.8%
BEA · 2024
Jobs tracked
5,218
Census CBP · 2023
Employers
427
Census CBP · 2023
Avg. wage
$61.1k
BLS QCEW · 2023
Population
10,026
Census PEP · 2025
Labor, income & education
Unemployment
5.8%
Median HH income
$75.3k±$4.4k
Bachelor's degree+
32.6%±3.6%
Poverty rate
6.2%±1.6%
Business applications
237 · 2025
Retail establishments
44
45.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
Food & accommodation40%
Arts & recreation37%
Retail trade7%
Construction7%
Health care5%
Manufacturing3%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
10,026
residents · 2025 · +15.8% since 2020
Income per capita $78.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,447
International migration+68
Natural change−150
GDP trend
2019–2024 · nominal
$528.1M2019
$540.7M2020
$620.4M2021
$720.3M2022
$738.5M2023
$651.0M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$470.1k±$34.2k
Median gross rent
$1.0k/mo±$277/mo
Vacancy rate
41.5%±2.9%
Affordability
7.7× wages
Residential permits
$2.3M
7 units · 0.7/1k pop
FEMA risk score
41.0
HUD Fair Market Rent (2BR):$1.5k/mo · 2026
TOP PERILS · FEMA NRI
Avalanche 97Landslide 96Wildfire 87
FHFA HOUSE PRICE INDEX · 2016–2025
1822016
1922017
2062018
2262019
2192020
2672021
3252022
3302023
3952024
3702025
RESIDENTIAL PERMITS · 2021–2025
↓ -22% since 202192021
132022
112023
152024
72025
Transport access
BTS · FAA · USACE
Nearest interstate
56.7 km
I-15
Nearest freight rail
41.4 km
BNSF
Nearest port
413.0 km
LEWISTON IDAHO
Nearest commercial airport
80.1 km
BOZEMAN YELLOWSTONE INTL
Wage trend
BLS QCEW · 2019–2023$61.1k
avg. annual pay · +48% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Madison?
Madison's economy produced $651.0M in 2024, contracting 11.8% year over year — among the slowest-growing US counties. Its largest employment sector is food & accommodation.
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.