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EconPulse

Local economy signal dashboard

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COUNTYStable

Montgomery County, MD

Stable overall. Housing is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score66out of 100
Compare
69
60
60
74
NA

Population

1,065,949

Data freshness

Unknown

GDP / Output

+4.3% YoY

69

$117.4B

Output changed +4.3% in 2024.

Vintage date unknown

State growth6.0%
U.S. growth5.3%

Jobs

Unemployment rate

60

4.1%

Unemployment is 4.1% for April 2026.

Vintage date unknown

State avg4.4%
U.S. avg4.3%

Population

+1.7% 5-year

60

1,065,949

Population moved +1.7% over the latest ACS window.

Vintage date unknown

State population6,206,011
U.S. population334,922,499

Housing

Rent share of income

74

18.7%

Median rent consumes 18.7% of median household income: Affordable.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

Unavailable per resident

NA

Unavailable

Federal spending data is unavailable for this geography.

Vintage date unknown

State total$105.6B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

Unavailable

No federal obligations were reported for this geography.

Top agencies

Dollars

No agencies reported.

Top recipients

Dollars

No recipients reported.

Affordable

Housing Affordability

18.7%

of median income

1BR estimate$1,696
2BR estimate$2,233
Median income$132,450
Median home value$640,300

ACS context

Quick Facts

Population

1,065,949

Median age

40.2

Bachelor's degree+

60.6%

Poverty rate

7.5%

Labor force participation

69.8%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

HUD Fair Market Rent

Latest available

Data notes
  • USAspending federal inflow temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.3%

GDP CAGR

+4.6%

Federal flow

N/A

Population (5 years)
20201,047,661
20211,057,201
20221,056,910
20231,057,586
20241,065,949
GDP (5 years)
2020$93.9B
2021$100.1B
2022$105.6B
2023$112.5B
2024$117.4B

2-year linear forecast

Predictive Outlook

Population forecast

20241,065,949
20251,068,150 *
20261,071,846 *

R² = 81.5% · * projected

GDP forecast

2024$117.4B
2025$123.7B *
2026$129.7B *

R² = 99.8% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$132,450/yr
Median rent$2,068/mo
Rent share of income18.7%
Est. mortgage (30yr, 6.5%)$38,852/yr
Mortgage share of income29.3%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.1%
State avg4.4%
U.S. avg4.3%
Labor force participation69.8%
Poverty rate7.5%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$640,300
Median monthly rent$2,068
Price-to-rent ratio25.8x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateModerate
Composite score64/100
Economic growth69/100
Labor market60/100
Population momentum60/100
Overall stability66/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Montgomery County, Maryland

County

Part of

Washington-Arlington-Alexandria, DC-VA-MD-WV

Nearby locations

Gaithersburg, MDWashington Grove, MDFlower Hill, MDRedland, MDDerwood, MD