Economy & Jobs — Montgomery County, Iowa

Employment

Total Establishments293
Total Employees3,396
Avg Annual Employment4,087
Avg Annual Pay$51,354
Total Annual Wages$209,888,743
Annual Payroll (thousands)$140,294
Unemployment Rate4.5%

Income

Median Household Income$61,261
Poverty Rate14.5%
IRS Returns4,690
Total AGI (thousands)$309,730
Average AGI per Return$66,041

Federal Spending

Total FY2024$79,699,702
Per Capita$7,715
Population Basis10,330

Agriculture

Total Farms5
Land in Farms (acres)237,768
Avg Farm Size (acres)47,554
Year2,022

Dining & Food Establishments

Full-service Restaurants9
Fast Food5
BarsN/A
Coffee & Snacks4