All Countries
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
Income Overview
Median Household Income
$74,018
2% below
US avg: $75,149
Per Capita Income
$36,504
7% below
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
3.0%
76% below
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
$74,018
98%
Per Capita
US: $39,052
$36,504
93%
IRS Avg AGI
US: $72,000
$81,276
113%
Avg Weekly Wage
US: $1,432
$1,053
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,053
26% below US avg ($1,432)
Mean Commute Time
23 min
15% below US avg (28 min)
Work From Home
13.7%
10% below US avg (15.2%)
Drive Alone
72.5%
1% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,243M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.5%
Public Transit
0%
Work From Home
13.7%
Other
13.8%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
790
Restaurants
44
Healthcare
67
Retail
78
Manufacturing
47
Tax & Financial
IRS Avg Adjusted Gross Income
$81,276
13% above US avg ($72,000)
Avg Property Tax
$4,786
37% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $74,018 |
| Per Capita Income | $36,504 |
| IRS Avg Adjusted Gross Income | $81,276 |
| Avg Weekly Wage | $1,053 |
| County GDP | $1,243M |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 3.0% |
| Gini Coefficient | 0.399 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 72.5% |
| Public Transit | 0.0% |
| Work From Home | 13.7% |
Businesses
| Total Establishments | 790 |
| Restaurants | 44 |
| Healthcare | 67 |
| Retail | 78 |
| Manufacturing | 47 |
Tax
| IRS Avg AGI | $81,276 |
| Avg Property Tax | $4,786 |