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Montgomery, New York

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
3,798
Population
$90,214
Median Income
$361,300
Home Value
39.8
Median Age

Demographics

Montgomery has a population of 3,798 with a median age of 39.8. Here is the racial and ethnic breakdown of the population:

White
66.5%
Hispanic
31.8%
Black
7.3%
Demographic Value
Total Population3,798
Median Age39.8
White66.5%
Black or African American7.3%
Asian0.3%
Hispanic or Latino31.8%
Montgomery, New York — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 106.White: 62.8%Hispanic/Latino: 30.0%Black: 6.9%Other: 0.3%3,798PopulationWhiteWhite62.8%Hispanic/LatinoHispanic/Latino30.0%BlackBlack6.9%OtherOther0.3%

Income & Economy

The median household income in Montgomery is $90,214, which is 11.9% above the national median of $80,610. The per capita income is $40,570. The poverty rate is 17.4%.

$90,214
Median Household Income
$40,570
Per Capita Income
17.4%
Poverty Rate

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Education

In Montgomery, 92.0% of residents age 25+ have a high school diploma or higher, and 33.6% hold a bachelor's degree or higher (16.7% with a graduate or professional degree).

HS Diploma+
92.0%
Bachelor's+
33.6%
Graduate+
16.7%
Education Level % of Adults (25+)
High School Diploma or Higher92.0%
Bachelor's Degree or Higher33.6%
Graduate or Professional Degree16.7%

Housing

The median home value in Montgomery is $361,300, above the national median of $303,400. The median monthly rent is $1,439. The homeownership rate is 77.5%.

$361,300
Median Home Value
$1,439/mo
Median Rent
77.5%
Homeownership Rate
Housing Metric Value
Median Home Value$361,300
Median Monthly Rent$1,439
Homeownership Rate77.5%
Vacancy Rate3.4%

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Frequently Asked Questions

What is the population of Montgomery, New York?
The population of Montgomery, New York is 3,798 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Montgomery, New York?
The median household income in Montgomery, New York is $90,214. This is 11.9% above the national median of $80,610.
What is the median home value in Montgomery, New York?
The median home value in Montgomery, New York is $361,300. The median monthly rent is $1,439.
What percentage of people in Montgomery have a college degree?
In Montgomery, New York, 33.6% of adults age 25 and older hold a bachelor's degree or higher, and 92.0% have a high school diploma or higher.
Is Montgomery, New York an affordable place to live?
The home price-to-income ratio in Montgomery, New York is 4.0x (median home value $361,300 vs. median income $90,214), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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