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Montgomery, MN

Full City Profile · Minnesota · Le Sueur County County

3.6 /5.0
B+ Good
3,366 Population 1,341/sq mi density
$74,018 Median Income $36,504 per capita
$218,900 Home Value $311,296 Zillow
$896 Median Rent 30.9% income on rent
44°F Avg Temperature 270 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$74,018 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$218,900 home value, $896/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher

Montgomery, MN

At a Glance

Median Income
$74,018
2% below
$36,504 per capita
Home Value
$218,900
22% below
Zillow: $311,296
Median Rent
$896/mo
23% below
30.9% of income on rent
Violent Crime
0/100K
100% below
568/100K property
Bachelor's Degree+
20.3%
40% below
96.4% high school+
Unemployment
2.5%
31% below
3.0% poverty rate
Obesity Rate
34.9%
9% above
14.4% smoking rate
Avg Temperature
44°F
270 sunny days/yr

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
98%
Home Value
78%
Rent
77%
Poverty
24%
Bachelor's
60%
Unemployment
69%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Montgomery a Good Place to Live?

B+
3.6 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Montgomery residents earn a median household income of $74,018 , which is 2% below the national average of $75,149. Per capita income is $36,504. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 3.0% of residents live below the poverty line. The area is home to 790 business establishments, including 44 restaurants.

Housing & Cost of Living

The median home value in Montgomery is $218,900 , 22% below the national median of $281,900. Zillow estimates the typical home at $311,296. Median rent is $896/month, with 30.9% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1964.

Safety & Crime

Montgomery reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 568/100K. The murder rate is 0.0/100K.

Education

20.3% of adults in Montgomery hold a bachelor's degree or higher (40% below the national average). 96.4% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Montgomery has an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 72°F in July. The area gets 270 sunny days per year. Annual precipitation totals 32.4 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population3,366
Median Age39.1 yrs
Density1,341/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans7.4%

Economy

A
Median Income$74,018
Per Capita$36,504
Unemployment2.5%
Poverty3.0%
County GDP$1,243M
Avg Weekly Wage$1,053

Housing

A+
Home Value$218,900
Rent$896
Ownership80.9%
Zillow$311,296
Housing Units1,368
Rent Burden30.9%

Crime

C+
Violent0/100K
Property568/100K
Murder0.0/100K
Assault0/100K
Burglary100/100K

Health

Obesity34.9%
Diabetes8.6%
Smoking14.4%
Heart Disease4.9%
Premature Death6,478/100K

Climate

Avg Temp44°F
Sunny Days270/yr
Rain32.4 in/yr
AQI36 (Good)
Elevation1,091 ft

Education

C+
Bachelor's+20.3%
High School+96.4%
Graduate+4.7%
School Score5.8/10

Community

2024 VoteR 66% / D 32%
Commute23 min
Broadband90.2%
Internet Speed116 Mbps
EV Stations4
Libraries6

Did You Know?

The median home in Montgomery was built in 1964.
The nearest airport is Mankato Regional (23 miles).
The Gini coefficient (income inequality) is 0.399 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
9.1% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 116 Mbps.
The county recorded 3 fatal vehicle crashes.