Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 27.1 yrs |
|---|---|
| Avg HH Size | 3.91 |
| Below Poverty | 3.3% ▼ 67% below avg |
| College Grads | 39.4% ≈ Avg |
| Unemployment | 0.0% ▼ 99% below avg |
| No HS Diploma | 32 (2%) |
| HS Graduate | 614 (38.7%) |
| Some College | 174 (11%) |
| Associates | 142 (8.9%) |
| Bachelors | 300 (18.9%) |
| Graduate Degree | 326 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,154 ▲ 16% above avg |
|---|---|
| Median Home Value | $255,500 ▼ 8% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $814/mo |
| Total Housing Units | 1,516 |
| Vacant Units | 172 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Montgomery is a city in Indiana, located in Daviess County. The city spans 1 ZIP code and is home to approximately 5,252 residents. It is a young city, with a median age of 27.1 years.
Economically, Montgomery is a middle-income community. The median household income of $88,154 is above the national average. Approximately 3.3% of residents live below the poverty line. The unemployment rate is 0.0%, well below the national average.
The real estate market in Montgomery is a mid-range housing market. Median home values stand at $255,500, which is near the national average. Renters typically pay around $814 per month. Homeownership is high at 86.7%, typical of suburban and family-oriented communities.
The population of Montgomery is moderately educated. 39.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (98.93%).
Montgomery, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47558 | 5,252 | $88,154 | $255,500 | $814 | 0.0% | 39.4% | 86.7% |