Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.1 yrs |
|---|---|
| Avg HH Size | 2.78 |
| Below Poverty | 10.9% ▲ 9% above avg |
| College Grads | 51.1% ▲ 32% above avg |
| Unemployment | 6.1% ▲ 24% above avg |
| No HS Diploma | 1,039 (4.7%) |
| HS Graduate | 5,044 (23%) |
| Some College | 1,718 (7.8%) |
| Associates | 2,903 (13.3%) |
| Bachelors | 1,574 (7.2%) |
| Graduate Degree | 9,615 (43.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $98,767 ▲ 29% above avg |
|---|---|
| Median Home Value | $366,400 ▲ 31% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,863/mo |
| Total Housing Units | 13,024 |
| Vacant Units | 710 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Montgomery Village is a city in Maryland, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 34,419 residents. It is a middle-aged city, with a median age of 38.1 years.
Economically, Montgomery Village is a middle-income community. The median household income of $98,767 is above the national average. Approximately 10.9% of residents live below the poverty line. The unemployment rate is 6.1%, above the national average.
The real estate market in Montgomery Village is a mid-range housing market. Median home values stand at $366,400, which is above the national average. Renters typically pay around $1,863 per month. Homeownership is high at 67.8%, typical of suburban and family-oriented communities.
The population of Montgomery Village is well-educated. 51.1% of adults hold a bachelor's degree or higher — above the national average. The community is racially diverse, with Hispanic as the largest group at 34.7%.
Montgomery Village, MD offers residents above-average earning potential within Maryland.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 20886 | 34,419 | $98,767 | $366,400 | $1,863 | 6.1% | 51.1% | 67.8% |