Montgomery, MN
Full City Profile · Minnesota · Le Sueur County County
Montgomery, MN
At a Glance
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)
Is Montgomery a Good Place to Live?
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 3.5% (3% 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 $324,270. 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 28 violent crimes per 100,000 residents , which is 93% below the national average of 380/100K. Property crime is 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 14°F in January while summers reach 71°F in July. Annual precipitation totals 34.6 inches.