Montgomery, IN

Full City Profile · Indiana · Daviess County County

4.1 /5.0
A Great
1,184 Population 731/sq mi density
$93,750 Median Income $35,920 per capita
$226,000 Home Value $189,357 Zillow
$827 Median Rent 18.9% income on rent
56°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.9 / 5.0
$93,750 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$226,000 home value, $827/mo rent
C
Education
2.3 / 5.0
16.5% bachelor's degree or higher

Montgomery, IN

At a Glance

Median Income
$93,750
25% above
$35,920 per capita
Home Value
$226,000
20% below
Zillow: $189,357
Median Rent
$827/mo
29% below
18.9% of income on rent
Bachelor's Degree+
16.5%
51% below
91.5% high school+
Unemployment
0.2%
94% below
0.9% poverty rate
Obesity Rate
38.2%
19% above
16.9% smoking rate
Avg Temperature
56°F

How Montgomery Compares to the U.S. Average

Each bar shows Montgomery's value as a percentage of the national average (100% = U.S. avg)

Income
125%
Home Value
80%
Rent
71%
Poverty
7%
Bachelor's
49%
Unemployment
6%
Thin vertical line = U.S. national average (100%)

Is Montgomery a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Montgomery residents earn a median household income of $93,750 , which is 25% above the national average of $75,149. Per capita income is $35,920. The unemployment rate stands at 0.2% (94% below the U.S. rate of 3.6%). 0.9% of residents live below the poverty line. The area is home to 978 business establishments, including 63 restaurants.

Housing & Cost of Living

The median home value in Montgomery is $226,000 , 20% below the national median of $281,900. Zillow estimates the typical home at $189,357. Median rent is $827/month, with 18.9% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1976.

Education

16.5% of adults in Montgomery hold a bachelor's degree or higher (51% below the national average). 91.5% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Montgomery has an average annual temperature of 56°F (14°C). Winters average 32°F in January while summers reach 77°F in July. Annual precipitation totals 48.0 inches.

Data Overview

People

Population1,184
Median Age46.1 yrs
Density731/mi²
Male / Female51% / 49%
Foreign Born0.3%
Veterans3.5%

Economy

A+
Median Income$93,750
Per Capita$35,920
Unemployment0.2%
Poverty0.9%
County GDP$2,274M
Avg Weekly Wage$955

Housing

A+
Home Value$226,000
Rent$827
Ownership85.5%
Zillow$189,357
Housing Units391
Rent Burden18.9%

Health

Obesity38.2%
Diabetes9.8%
Smoking16.9%
Heart Disease5.5%
Premature Death7,724/100K

Climate

Avg Temp56°F
Rain48.0 in/yr
Elevation524 ft

Education

C
Bachelor's+16.5%
High School+91.5%
Graduate+4.5%
School Score6.0/10

Community

2024 VoteR 81% / D 17%
Commute22 min
Broadband86.2%
Internet Speed114 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Montgomery was built in 1976.
The nearest airport is Lawrenceville-Vincennes International (31 miles).
The Gini coefficient (income inequality) is 0.416 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
10.7% of the population has a disability.
Average internet download speed is 114 Mbps.
The county recorded 6 fatal vehicle crashes.