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Montgomery Village, MD

Full City Profile · Maryland · Montgomery County County

4.0 /5.0
A Great
34,161 Population 8,804/sq mi density
$96,487 Median Income $44,624 per capita
$367,100 Home Value $387,172 Zillow
$1,883 Median Rent 38.5% income on rent
54°F Avg Temperature 293 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A
Economy
4.4 / 5.0
$96,487 median income, 5.0% unemployment
A+
Affordability
4.5 / 5.0
$367,100 home value, $1,883/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.4 / 5.0
42.7% bachelor's degree or higher

Income Overview

Median Household Income
$96,487
28% above
US avg: $75,149
Per Capita Income
$44,624
14% above
US avg: $39,052
Unemployment Rate
5.0%
39% above
US avg: 3.6%
Poverty Rate
7.7%
38% below
US avg: 12.4%

Income Comparison: Montgomery Village vs. U.S. Average

Each bar shows Montgomery Village’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$96,487
128%
Per Capita
US: $39,052
$44,624
114%
IRS Avg AGI
US: $72,000
$132,519
184%
Avg Weekly Wage
US: $1,432
$1,817
127%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,817
27% above US avg ($1,432)
Mean Commute Time
34 min
23% above US avg (28 min)
Work From Home
17.1%
13% above US avg (15.2%)
Drive Alone
59.6%
19% below US avg (73.2%)
Public Transit
8.4%
69% above US avg (5.0%)
County GDP
$117,390M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 59.6%
Public Transit 8.4%
Work From Home 17.1%
Other 14.9%
Average commute time
34 minutes
US avg: 28 min

Business Landscape

Total Establishments
35,443
Restaurants
1,941
Healthcare
3,931
Retail
2,357
Manufacturing
336

Tax & Financial

IRS Avg Adjusted Gross Income
$132,519
84% above US avg ($72,000)
Avg Property Tax
$7,769
122% above US avg ($3,500)
Cost of Living Index
105.0
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$96,487
Per Capita Income$44,624
IRS Avg Adjusted Gross Income$132,519
Avg Weekly Wage$1,817
County GDP$117,390M

Hardship Indicators

Unemployment Rate5.0%
Poverty Rate7.7%
Gini Coefficient0.469
Cost of Living Index105.0

Commute

Mean Commute34 minutes
Drive Alone59.6%
Public Transit8.4%
Work From Home17.1%

Businesses

Total Establishments35,443
Restaurants1,941
Healthcare3,931
Retail2,357
Manufacturing336

Tax

IRS Avg AGI$132,519
Avg Property Tax$7,769