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CITY · 2020 ACS

Montgomery

Indiana · 792 residents · 1.616 sq mi
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The short version

Montgomery has roughly average household income, with a median household income of $63,500. The city has more than doubled in size since 2000, adding 424 residents. 13% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has roughly tripled since 2000, reaching $186,800. Poverty is rare here, at 2.9% of residents.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 41.5
US median: 38.8
Less educated
13% hold a bachelor's degree
US average: 33%
Less affordable
home values up 122%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
792
+115%since 2000
from 368 in 2000
1990 – 2025
Population density
490 / sq mi
+115%since 2000
from 228 / sq mi in 2000
US average: 280
Median age
41.5
+23%since 2000
from 33.8 in 2000
US average: 38.8
Population, 1990 – 2024
2505057601K1K1990201020202024Montgomery
20241K
1990201020202024
Section 02

Income & economy

Median household income
$63,500
+14%inflation adjusted, since 2000
from $36,944 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,195
+79%since 2000
from $15,156 in 2000
US average: $35,364
Households earning $100K+
34.6%
+24.8 ptssince 2009
from 9.9% in 2009
US average: 43.9%
Poverty rate
2.9%
−7.8 ptssince 2000
from 10.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade14.8%
US avg: 6.7%
Information14.6%
US avg: 11.1%
Finance & insurance8.7%
US avg: 5.5%
Professional, scientific, technical8.7%
US avg: 4.7%
Retail trade6.2%
US avg: 10%
Transportation & warehousing4.8%
US avg: 2.5%
Other services2.1%
US avg: 6.6%
Public administration2.1%
US avg: 4.7%
Agriculture, forestry, fishing0.9%
US avg: 1.7%
Construction0.9%
US avg: 1.2%
Arts, entertainment, food0.9%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$186,800
+122%inflation adjusted, since 2000
from $56,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$668
+26%inflation adjusted, since 2000
from $354 in 2000
US average: $1,124
Owner-occupied
85.2%
+5.2 ptssince 2000
from 80.0% in 2000
14.8% rent
Afford Score
2.9
+94%since 2000
from 1.5 in 2000
1990 – 2024
RELATED:See current rent listings in Montgomery on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.4%(362)
Black0.3%(1)
Hispanic / Latino0.8%(3)
Asian0%(0)
Other0%
Diversity Score2.7%(10)
2020
White, non-Hispanic97.6%(773)
Black0.5%(4)
Hispanic / Latino0%(0)
Asian0.6%(5)
Other0%(0)
Diversity Score2.9%(23)
Diversity Score
3
+5%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
13.2%
+5.4 ptssince 2000
from 7.9% in 2000
US average: 32.9%
High school or higher
88.8%
+12.0 ptssince 2000
from 76.8% in 2000
US average: 88.5%
Graduate degree
3.7%
+2.4 ptssince 2000
from 1.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.3 min
+31%since 2000
from 17.0 min in 2000
US average: 26.9
Drive alone to work
82.6%
+14.7 ptssince 2009
from 67.9% in 2009
US average: 75.1%
No vehicle available
0.0%
−24.7 ptssince 2009
from 24.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.9%
−2.3 ptssince 2011
from 6.3% in 2011
US average: 5.4%
Labor force participation
64.5%
+1.3 ptssince 2011
from 63.2% in 2011
US average: 63.4%
Management & professional
26.0%
−20.7 ptssince 2009
from 46.8% in 2009
US average: 39.3%
Section 08

People & community

Male
47.4%
−0.7 ptssince 2009
from 48.1% in 2009
Female
52.6%
+0.7 ptssince 2009
from 51.9% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
9.8%
−81.8 ptssince 2013
from 91.6% in 2013
US average: 8.8%
Drill deeper

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Pop 757
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Pop 762
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Pop 873
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Pop 794
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Head to head

Compare Montgomery to nearby cities

MONTGOMERY VS
Washington
Income$50,331−21%
Home value$152,200−19%
Population12,991+1561%
SEE FULL COMPARISON →
MONTGOMERY VS
Jasper
Income$68,817+8%
Home value$235,100+26%
Population17,279+2110%
SEE FULL COMPARISON →
MONTGOMERY VS
Vincennes
Income$53,637−16%
Home value$111,600−40%
Population16,378+1994%
SEE FULL COMPARISON →
MONTGOMERY VS
Bedford
Income$49,553−22%
Home value$152,400−18%
Population13,962+1685%
SEE FULL COMPARISON →
Frequently asked

How many people live in Montgomery, Indiana?

Montgomery, Indiana has about 792 residents according to the 2020 American Community Survey.

What is the median household income in Montgomery, Indiana?

The typical household in Montgomery, Indiana earns about $63,500 a year. Half of households make more than that, and half make less.

Is Montgomery, Indiana expensive?

In Montgomery, Indiana, the median home is worth about $186,800, and the typical rent is about $668 a month.

How educated are people in Montgomery, Indiana?

About 13.2% of adults age 25 and over in Montgomery, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Montgomery, Indiana?

About 2.9% of people in Montgomery, Indiana live below the federal poverty line.

Has Montgomery, Indiana grown since 1990?

Yes, Montgomery, Indiana has grown since 1990. The population has added about 451 residents, a change of about 132 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →