ExecutivePulse
Official Federal Data

Montgomery County, Illinois

FIPS 17135 · Population 27,942
9 Sources Updated June 22, 2026
$63,620
Median Income
$80,734 national
4.6%
Unemployment
4% national
$2B
GDP
18.3%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$63,620
Per Capita
$33,451
Mean Household
$81,686
Poverty Rate
12.6%
Median Income Comparison
Montgomery County$63,620
Illinois$83,390
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 21.5% (6,007 residents) 55-64: 14.1% (3,937 residents) 35-54: 25% (6,986 residents) 18-34: 19.3% (5,391 residents) Under 18: 20.1% (5,621 residents) 43 Median Age
Cohorts
Under 18 · 20.1%
18-34 · 19.3%
35-54 · 25%
55-64 · 14.1%
65+ · 21.5%
Race & Ethnicity
White92.7%
Black or African American3.3%
Asian0.4%
Hispanic or Latino(any race)2.2%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
90.2%
High School+
National: 89.6%
▲ +0.6 pts
18.3%
Bachelor's+
National: 35.7%
▼ 17.4 pts
6.2%
Graduate+
National: 14.1%
▼ 7.9 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
27,942
Population
12,070
Labor Force
Employed
11,491
Unemployment Rate BLS LAUS 2025 annual
4.6%
Mean Commute 4 min below national avg
22.8 min
Work From Home vs 15.1% national
9%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 17.4 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 43 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$2B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Montgomery County, Illinois, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Retail Trade
1,427 28.1%
$35,386
2Accommodation and Food Services
914 18.0%
$20,939
3Manufacturing
541 10.7%
$60,568
4Wholesale Trade
455 9.0%
$58,138
5Finance and Insurance
403 7.9%
$58,181
6Construction
356 7.0%
$66,317
7Professional, Scientific, and Technical Services
338 6.7%
$39,143
8Agriculture, Forestry, Fishing and Hunting
242 4.8%
$56,496
9Mining, Quarrying, and Oil and Gas Extraction
216 4.3%
$91,314
10Other Services (except Public Administration)
179 3.5%
$41,929
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Key Takeaways
  • Largest sector: Retail Trade employs 1,427 workers (28.1% of tracked sectors), at an average wage of $35,386.
  • Economic scale: Regional GDP of $2B (2024).
  • Wage stratification: Mining, Quarrying, and Oil and Gas Extraction averages $91,314 while Accommodation and Food Services averages $20,939, a 4.4x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Animal Production and Aquaculture
6.92x
106
Wood Product Manufacturing
4.30x
98
Gasoline Stations and Fuel Dealers
3.30x
196
General Merchandise Retailers
2.99x
549
Motor Vehicle and Parts Dealers
2.41x
280
Credit Intermediation and Related Activities
2.12x
309
Nursing and Residential Care Facilities
2.05x
398
Utilities
1.99x
68
Fabricated Metal Product Manufacturing
1.74x
141
Merchant Wholesalers, Durable Goods
1.72x
333

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
1,025
Cluster Employment
3.30x
Peak LQ
Concentrated Sub-Sectors
Animal Production and Aquaculture
6.92x 106
Wood Product Manufacturing
4.30x 98
Gasoline Stations and Fuel Dealers
3.30x 196
General Merchandise Retailers
2.99x 549
Motor Vehicle and Parts Dealers
2.41x 280
Credit Intermediation and Related Activities
2.12x 309
Nursing and Residential Care Facilities
2.05x 398
Utilities
1.99x 68
Fabricated Metal Product Manufacturing
1.74x 141
Merchant Wholesalers, Durable Goods
1.72x 333

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.45x
Insurance Carriers and Related Activities
67 employed
Key Takeaways
  • Top specialization: Animal Production and Aquaculture concentrates at 6.92x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 3 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Montgomery County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$112,300
Median Home Value vs 2019
$723
Rent/Mo
77.4%
Owner-Occ
9.4%
Vacancy
1.8x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$694/mo
1 Bedroom
$714/mo
2 Bedroom
$937/mo
3 Bedroom
$1,123/mo
4 Bedroom
$1,287/mo
30% of monthly median household income (~$1,590/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 1.8x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • High home ownership: 77.4% owner-occupied; rental supply may be tight for incoming workers.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,590/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
16,314
Working Age (18-64) vs 2019
Mean Commute 4 min below national avg
22.8 min
Work From Home vs 15.1% national
9%
Prime-Age Employed (25-54)
69.3%
of prime-age population
Labor force participation rate: 54.1% of working-age population (18-64) 54% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
18.3%
HS Diploma+
90.2%
Regional / Statewide Institutions
Total credentials awarded
57,734/yr
University of Illinois Urbana-Champaign 15,945/yr
Chamberlain University-Illinois 11,893/yr
DeVry University-Illinois 9,399/yr
University of Illinois Chicago 8,607/yr
Loyola University Chicago 5,976/yr
DePaul University 5,914/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
24.1%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
30.8%
Service
19.1%
Sales & Office
21.4%
Construction / Maint.
12.8%
Production / Transport
15.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 11,491 employed workers.
Key Takeaways
  • Succession risk is real: 24.1% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 54.1% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 37,237 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Montgomery County shows strong potential for animal production and aquaculture attraction, with a 6.92x concentration and 106 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 24.1% of the working-age population within 10 years of retirement age.

The interconnected base across animal production and aquaculture, wood product manufacturing, and gasoline stations and fuel dealers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Montgomery County, Illinois, from federal data sources.

What is the population of Montgomery County, Illinois?

27,942 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Montgomery County, Illinois?

$63,620 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Montgomery County, Illinois?

4.6% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Montgomery County, Illinois?

$2B (U.S. Bureau of Economic Analysis, CAGDP1).