County profile
Montgomery County, NC
United States · GDP 2024
#1535 of 3,127 US counties by GDP43rd-percentile growthmore diversified than 7% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$1.5B
BEA · 2024
GDP growth (YoY)
+3.7%
BEA · 2024
Jobs tracked
7,600
Census CBP · 2023
Employers
503
Census CBP · 2023
Avg. wage
$47.6k
BLS QCEW · 2023
Population
26,403
Census PEP · 2025
Labor, income & education
Unemployment
3.8%
Median HH income
$57.8k±$3.1k
Bachelor's degree+
19.2%±2.2%
Poverty rate
15.4%±2.5%
Business applications
284 · 2025
Retail establishments
89
33.8/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1McRae Industries, Inc.Consumer Cyclical$114.9M64CHQ-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
Manufacturing52%
Health care15%
Retail trade13%
Food & accommodation8%
Other services7%
Construction6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
26,403
residents · 2025 · +2.7% since 2020
Income per capita $50.2k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,046
International migration+231
Natural change−572
GDP trend
2019–2024 · nominal
$1.0B2019
$1.1B2020
$1.3B2021
$1.4B2022
$1.4B2023
$1.5B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$161.7k±$8.3k
Median gross rent
$766/mo±$38/mo
Vacancy rate
29.0%±3.1%
Affordability
3.4× wages
Residential permits
$19.9M
176 units · 6.7/1k pop
FEMA risk score
49.0
HUD Fair Market Rent (2BR):$925/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 84Ice storm 77Tornado 66
FHFA HOUSE PRICE INDEX · 2016–2025
1662016
1692017
1672018
1902019
1912020
2162021
2602022
3132023
3122024
2862025
RESIDENTIAL PERMITS · 2021–2025
↑ 69% since 20211042021
1362022
1342023
1382024
1762025
Transport access
BTS · FAA · USACE
Nearest interstate
13.1 km
I-73
Nearest freight rail
3.2 km
ACWR
Nearest port
169.6 km
ELWELL FERRY - KELLY
Nearest commercial airport
73.0 km
CONCORD-PADGETT RGNL
Wage trend
BLS QCEW · 2019–2023$47.6k
avg. annual pay · +25% 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 $1.5B in 2024, growing 3.7% year over year — about the middle of the pack among US counties. Its largest employment sector is manufacturing.
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.