Places/TN/Montgomery County, TN
County profile

Montgomery County, TN

United States · GDP 2024
#462 of 3,127 US counties by GDPtop-quartile growthmore diversified than 67% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$9.4B
BEA · 2024
GDP growth (YoY)
+7.0%
BEA · 2024
Jobs tracked
53,777
Census CBP · 2023
Employers
3,428
Census CBP · 2023
Avg. wage
$49.4k
BLS QCEW · 2023
Population
249,935
Census PEP · 2025
Labor, income & education
Unemployment
4.1%
Median HH income
$75.6k±$2.2k
Bachelor's degree+
31.1%±1.4%
Poverty rate
11.3%±1.0%
Business applications
3,286 · 2025
Retail establishments
607
24.6/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

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
Retail trade22%
Food & accommodation22%
Health care22%
Manufacturing17%
Admin & support10%
Construction7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
249,935
residents · 2025 · +12.9% since 2020
Income per capita $54.3k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+16,486
International migration+2,347
Natural change+9,507

GDP trend

20192024 · nominal
$6.0B
2019
$6.4B
2020
$7.2B
2021
$8.1B
2022
$8.8B
2023
$9.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$280.2k±$5.7k
Median gross rent
$1.3k/mo±$32/mo
Vacancy rate
6.1%±0.8%
Affordability
5.7× wages
Residential permits
$502.4M
2,723 units · 10.9/1k pop
FEMA risk score
87.4
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Earthquake 95Cold wave 94Tornado 92
FHFA HOUSE PRICE INDEX · 20162025
221
2016
229
2017
245
2018
260
2019
275
2020
322
2021
394
2022
415
2023
428
2024
443
2025
RESIDENTIAL PERMITS · 20212025
-32% since 2021
4,008
2021
4,005
2022
2,784
2023
2,583
2024
2,723
2025

Transport access

BTS · FAA · USACE
Nearest interstate
13.4 km
I-24
Nearest freight rail
3.0 km
RJCM
Nearest port
2.8 km
PINE BLUFF MATERIALS, LLC
Nearest commercial airport
75.4 km
NASHVILLE INTL
Wage trend
BLS QCEW · 20192023
$49.4k
avg. annual pay · +22% since 2019
The read

What is the GDP of Montgomery?

Montgomery's economy produced $9.4B in 2024, growing 7.0% year over yearfaster than most US counties. Its largest employment sector is retail trade.

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.