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Montgomery, MI
Full City Profile · Michigan · Hillsdale County County
3.2
/5.0
B
Good
318
Population
318/sq mi density
$54,000
Median Income
$22,642 per capita
$93,100
Home Value
$181,792 Zillow
$1,175
Median Rent
22.1% income on rent
48°F
Avg Temperature
275 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$54,000 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$93,100 home value, $1,175/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher
Income Overview
Median Household Income
$54,000
28% below
US avg: $75,149
Per Capita Income
$22,642
42% below
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
19.7%
59% above
US avg: 12.4%
Income Comparison: Montgomery vs. U.S. Average
Each bar shows Montgomery’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$54,000
72%
Per Capita
US: $39,052
$22,642
58%
IRS Avg AGI
US: $72,000
$58,886
82%
Avg Weekly Wage
US: $1,432
$991
69%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$991
31% below US avg ($1,432)
Mean Commute Time
26 min
7% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
86.0%
18% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,202M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
86%
Public Transit
0%
Work From Home
0%
Other
14%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
880
Restaurants
71
Healthcare
81
Retail
123
Manufacturing
75
Tax & Financial
IRS Avg Adjusted Gross Income
$58,886
18% below US avg ($72,000)
Avg Property Tax
$4,053
16% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $54,000 |
| Per Capita Income | $22,642 |
| IRS Avg Adjusted Gross Income | $58,886 |
| Avg Weekly Wage | $991 |
| County GDP | $2,202M |
Hardship Indicators
| Unemployment Rate | 1.6% |
| Poverty Rate | 19.7% |
| Gini Coefficient | 0.422 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 86.0% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 880 |
| Restaurants | 71 |
| Healthcare | 81 |
| Retail | 123 |
| Manufacturing | 75 |
Tax
| IRS Avg AGI | $58,886 |
| Avg Property Tax | $4,053 |