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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
Change Over Time (2013–2023)
Population Change
-6%
335 → 315
over 10 years
Annual Pop. Growth
-0.61%
Compound annual growth rate
Median Income Change
+91.2%
$28,250 → $54,000
nominal, not inflation-adjusted
Annual Income Growth
+6.69%
Compound annual growth rate
Population Over Time
Total population for Montgomery across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
302
-13 from 2023 (315)
Projected Median Income 2030
$84,969
+$30,969 from 2023 ($54,000)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 335 | — | $28,250 | — |
| 2015 | 333 | -0.6% | $28,250 | +0% |
| 2017 | 332 | -0.3% | $23,875 | -15.5% |
| 2019 | 330 | -0.6% | $35,000 | +46.6% |
| 2021 | 316 | -4.2% | $41,250 | +17.9% |
| 2023 | 315 | -0.3% | $54,000 | +30.9% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.