Montgomery, MA
Maps & Population Facts
Population
802
Population Density
54
Labor Participaton
70.8%
Bachelor's or Higher
35.4%
Median Household Income
$74,000
Median Individual Income
$39,375
Median Individual Income(Full-time Workers Only)
$52,067
Housing Estimates
Median House Value
$284,600
Median Gross Rent
$0
Median Mortgage Payment
$1,668
Housing Units
363
People who reside in Montgomery live in:
Detached - Single Family Homes
99%
Apt, Condo, Other
1%
Analysis
Income
Households in Montgomery earn significantly more money than the national median income, averaging 23% higher per household.
Housing
Montgomery has a median house price of $284,600. The cost of homeownership is higher than most areas. The cost of renting in Montgomery is 1.00% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 8% |
Demographics
The median age in Montgomery is 50. Montgomery has a population that is significantly older than in comparison to the US median age.
Montgomery ranks better than average for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Montgomery | Massachusetts | USA | |
Median Property Value | 284,600 | 385,400 | 217,600 |
Median Mortgage Payment | 1,668 | 2,108 | 1,513 |
Median Gross Rent | 0 | 1,208 | 1,012 |
Property Vacancy | 11.3% | 10.0% | 12.6% |
% Renters | 3% | 38% | 36% |
Residents per Sq. Mi. | 54 | 885 | 93 |
Personal Comparison
Montgomery | Massachusetts | USA | |
Median Household Income | 74,000 | 77,385 | 60,336 |
Median Individual Income | 39,375 | 41,700 | 33,646 |
Median Income (Full-Time) | 52,067 | 60,923 | 46,881 |
Median Age | 50.0 | 39.5 | 38.1 |
Labor Participation | 70.8% | 67.8% | 62.8% |
Attained College Degree | 35.4% | 43.4% | 32.0% |
Population Density Analysis
Montgomery, MA
54
Residents per Sq. Mile
The population density of Montgomery is comparable to that of a Remote Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +