Last updated: 2024 BLS data · Page refreshed:
Montgomery has a population of 197,494 with a median age of 36.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 197,494 |
| Median Age | 36.6 |
| White | 26.6% |
| Black or African American | 63.1% |
| Asian | 3.4% |
| Hispanic or Latino | 4.9% |
| Other / Two or More Races | 2.0% |
The median household income in Montgomery is $56,811, which is 29.5% below the national median of $80,610. The per capita income is $33,458. The poverty rate is 21.5%.
The unemployment rate in Montgomery is 3.5%, compared to the national rate of 4.1%.
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In Montgomery, 89.2% of residents age 25+ have a high school diploma or higher, and 33.8% hold a bachelor's degree or higher (14.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.2% |
| Bachelor's Degree or Higher | 33.8% |
| Graduate or Professional Degree | 14.6% |
The median home value in Montgomery is $161,900, below the national median of $303,400. The median monthly rent is $1,089. The homeownership rate is 54.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $161,900 |
| Median Monthly Rent | $1,089 |
| Homeownership Rate | 54.4% |
| Vacancy Rate | 14.1% |
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