Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Montgomery, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,111
Population
$83,500
Median Income
$227,800
Home Value
47.6
Median Age

Demographics

Montgomery has a population of 1,111 with a median age of 47.6. Here is the racial and ethnic breakdown of the population:

White
95.7%
Hispanic
3.2%
Other
0.8%
Demographic Value
Total Population1,111
Median Age47.6
White95.7%
Asian0.3%
Hispanic or Latino3.2%
Other / Two or More Races0.8%
Montgomery, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.7%Hispanic/Latino: 3.2%Other: 1.1%1,111PopulationWhiteWhite95.7%Hispanic/LatinoHispanic/Latino3.2%OtherOther1.1%

Income & Economy

The median household income in Montgomery is $83,500, which is 3.6% above the national median of $80,610. The per capita income is $35,589. The poverty rate is 1.4%.

$83,500
Median Household Income
$35,589
Per Capita Income
1.4%
Poverty Rate

Advance Your Career in Montgomery

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Montgomery, 90.5% of residents age 25+ have a high school diploma or higher, and 19.6% hold a bachelor's degree or higher (9.4% with a graduate or professional degree).

HS Diploma+
90.5%
Bachelor's+
19.6%
Graduate+
9.4%
Education Level % of Adults (25+)
High School Diploma or Higher90.5%
Bachelor's Degree or Higher19.6%
Graduate or Professional Degree9.4%

Housing

The median home value in Montgomery is $227,800, below the national median of $303,400. The median monthly rent is $860. The homeownership rate is 85.2%.

$227,800
Median Home Value
$860/mo
Median Rent
85.2%
Homeownership Rate
Housing Metric Value
Median Home Value$227,800
Median Monthly Rent$860
Homeownership Rate85.2%
Vacancy Rate1.2%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

See all Indiana salaries →

Other Cities in Indiana

See all Indiana cities →

Frequently Asked Questions

What is the population of Montgomery, Indiana?
The population of Montgomery, Indiana is 1,111 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Montgomery, Indiana?
The median household income in Montgomery, Indiana is $83,500. This is 3.6% above the national median of $80,610.
What is the median home value in Montgomery, Indiana?
The median home value in Montgomery, Indiana is $227,800. The median monthly rent is $860.
What percentage of people in Montgomery have a college degree?
In Montgomery, Indiana, 19.6% of adults age 25 and older hold a bachelor's degree or higher, and 90.5% have a high school diploma or higher.
Is Montgomery, Indiana an affordable place to live?
The home price-to-income ratio in Montgomery, Indiana is 2.7x (median home value $227,800 vs. median income $83,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Montgomery?

Find resources to help plan your move, explore homes, and compare insurance rates in Indiana.

Salary Data in Indiana

All Jobs in Indiana Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn