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CITY · 2010 ACS

Montgomery

Minnesota · 2,956 residents · 2.514 sq mi
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The short version

Montgomery has lower-than-average household income, with a median household income of $43,441. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $144,800.

At a glance
Lower income
below the US median
US median: $52,703
Younger
median age 35.1
US median: 37.2
Less educated
19% hold a bachelor's degree
US average: 28%
Less affordable
home values up 30%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
2,956
+6%since 2000
from 2,794 in 2000
1990 – 2025
Population density
1,176 / sq mi
+6%since 2000
from 1,111 / sq mi in 2000
US average: 261
Median age
35.1
+4%since 2000
from 33.6 in 2000
US average: 37.2
Population, 1990 – 2024
2K3K3K3K4K1990201020202024Montgomery
20243K
1990201020202024
Section 02

Income & economy

Median household income
$43,441
Unchangedinflation adjusted, since 2000
from $34,145 in 2000
US average: $52,703
1990 – 2024
Per capita income
$20,509
+27%since 2000
from $16,128 in 2000
US average: $27,286
Households earning $100K+
20.3%
−1.7 ptssince 2009
from 22.0% in 2009
US average: 33.3%
Poverty rate
17.0%
+5.3 ptssince 2000
from 11.6% in 2000
US average: 13.8%
Income inequality (Gini)
0.329
US average: 0.461
Workforce by industry, 2010
Retail trade19.4%
US avg: 10.9%
Information14%
US avg: 11.5%
Wholesale trade6.3%
US avg: 7.2%
Finance & insurance4.4%
US avg: 5.1%
Professional, scientific, technical3.7%
US avg: 4.2%
Other services3.3%
US avg: 7%
Public administration3.1%
US avg: 4.9%
Agriculture, forestry, fishing2.9%
US avg: 1.9%
Construction2.9%
US avg: 1.4%
Arts, entertainment, food2.6%
US avg: 2.4%
Transportation & warehousing1.5%
US avg: 3.1%
Education & health services0.6%
US avg: 0.9%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$144,800
+30%inflation adjusted, since 2000
from $88,100 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$677
+16%inflation adjusted, since 2000
from $461 in 2000
US average: $853
Owner-occupied
54.3%
−22.5 ptssince 2000
from 76.8% in 2000
20.4% rent
Vacancy rate
9.5%
−1.2 ptssince 2009
from 10.7% in 2009
US average: 12.1%
Owner cost-burdened
35.1%
+12.0 ptssince 2009
from 23.1% in 2009
US average: 30.9%
Renter cost-burdened
33.8%
+4.2 ptssince 2009
from 29.6% in 2009
US average: 46.8%
Afford Score
3.3
+29%since 2000
from 2.6 in 2000
1990 – 2024
RELATED:See current rent listings in Montgomery on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic88.4%(2,469)
Black0.3%(9)
Hispanic / Latino9.8%(273)
Asian0.3%(8)
Other0%
Diversity Score23.7%(661)
2010
White, non-Hispanic91%(2,689)
Black0.2%(5)
Hispanic / Latino6.4%(188)
Asian0.4%(12)
Other4.2%(125)
Diversity Score25.1%(743)
Diversity Score
25
+6%since 2000
from 24 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
19.2%
+4.4 ptssince 2000
from 14.9% in 2000
US average: 27.9%
High school or higher
84.6%
+7.6 ptssince 2000
from 77.0% in 2000
US average: 84.9%
Graduate degree
4.2%
+1.4 ptssince 2000
from 2.8% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
24.9 min
+38%since 2000
from 18.0 min in 2000
US average: 25.2
Drive alone to work
86.4%
−0.4 ptssince 2009
from 86.7% in 2009
US average: 76.2%
Carpooled to work
10.9%
+0.7 ptssince 2009
from 10.3% in 2009
US average: 10.4%
Public transit
0.0%
−0.7 ptssince 2009
from 0.7% in 2009
US average: 4.7%
Worked from home
1.4%
+0.4 ptssince 2009
from 1.0% in 2009
US average: 4.1%
Walked to work
0.8%
−0.4 ptssince 2009
from 1.2% in 2009
US average: 2.8%
Biked to work
0.5%
+0.5 ptssince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
1.8%
+0.5 ptssince 2009
from 1.2% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
14.8%
+3.5 ptssince 2009
from 11.3% in 2009
US average: 12.9%
Management & professional
23.7%
−28.6 ptssince 2009
from 52.3% in 2009
US average: 35.2%
Section 08

People & community

Male
51.4%
+1.7 ptssince 2009
from 49.7% in 2009
Female
48.6%
−1.7 ptssince 2009
from 50.3% in 2009
Foreign born
2.5%
−1.4 ptssince 2009
from 3.9% in 2009
US average: 12.8%
Veterans
8.0%
−44.1 ptssince 2009
from 52.1% in 2009
US average: 9.9%
Drill deeper

Places similar to Montgomery

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Pop 3,633
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Pop 3,860
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Pop 3,381
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Pop 3,830
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Head to head

Compare Montgomery to nearby cities

MONTGOMERY VS
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Home value$350,500+142%
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MONTGOMERY VS
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MONTGOMERY VS
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MONTGOMERY VS
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Frequently asked

How many people live in Montgomery, Minnesota?

Montgomery, Minnesota has about 2,956 residents according to the 2010 American Community Survey.

What is the median household income in Montgomery, Minnesota?

The typical household in Montgomery, Minnesota earns about $43,441 a year. Half of households make more than that, and half make less.

Is Montgomery, Minnesota expensive?

In Montgomery, Minnesota, the median home is worth about $144,800, and the typical rent is about $677 a month.

How educated are people in Montgomery, Minnesota?

About 19.2% of adults age 25 and over in Montgomery, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Montgomery, Minnesota?

About 17.0% of people in Montgomery, Minnesota live below the federal poverty line.

Has Montgomery, Minnesota grown since 1990?

Yes, Montgomery, Minnesota has grown since 1990. The population has added about 557 residents, a change of about 23 percent over that period.

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

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