County profile
Montgomery County, Virginia
United States · US territory
EA Place Score
——methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
32,210
Census CBP · 2023
Employers
2,016
Census CBP · 2023
Avg. wage
$57.7k
BLS QCEW · 2023
Population
98,434
Census PEP · 2025
Labor, income & education
Unemployment
4.9%
Median HH income
$72.7k±$3.2k
Bachelor's degree+
48.8%±2.4%
Poverty rate
23.9%±1.4%
Business applications
854 · 2025
Retail establishments
305
31.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1National Bankshares, Inc.Financial Services$8.2M49DHQ-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
Manufacturing23%
Health care21%
Food & accommodation20%
Retail trade19%
Professional services11%
Construction6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
98,434
residents · 2025 · -1.2% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−3,841
International migration+3,096
Natural change−420
Real estate & risk
FHFA · ACS · FEMA
Median home value
$304.6k±$12.5k
Median gross rent
$1.2k/mo±$48/mo
Vacancy rate
13.6%±1.6%
Affordability
5.3× wages
Residential permits
$93.0M
328 units · 3.3/1k pop
FEMA risk score
47.5
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 91Earthquake 73Cold wave 69
FHFA HOUSE PRICE INDEX · 2016–2025
3722016
3842017
3992018
4212019
4332020
4752021
5362022
5762023
6132024
6332025
RESIDENTIAL PERMITS · 2021–2025
↑ 10% since 20212972021
3702022
3742023
3232024
3282025
Transport access
BTS · FAA · USACE
Nearest interstate
4.9 km
I-81
Nearest freight rail
0.4 km
NS
Nearest port
132.7 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
40.3 km
ROANOKE/BLACKSBURG RGNL (WOODRUM FLD)
Filing activity
SEC EDGAR4 filings from 1 company here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$57.7k
avg. annual pay · +24% since 2019
Nearby & same-state counties
by GDP rankThe read
What is Montgomery County’s economy like?
Montgomery County is home to 98,434 residents and 32,210 jobs across 2,016 employers, led by manufacturing. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.
GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.