Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.6 yrs |
|---|---|
| Avg HH Size | 2.35 |
| Below Poverty | 4.8% ▼ 52% below avg |
| College Grads | 39.9% ≈ Avg |
| Unemployment | 4.0% ▼ 18% below avg |
| No HS Diploma | 3 (0.1%) |
| HS Graduate | 1,099 (32.9%) |
| Some College | 406 (12.2%) |
| Associates | 499 (14.9%) |
| Bachelors | 642 (19.2%) |
| Graduate Degree | 690 (20.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,919 ≈ Avg |
|---|---|
| Median Home Value | $254,900 ▼ 9% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $893/mo |
| Total Housing Units | 2,150 |
| Vacant Units | 124 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Montgomery is a city in Minnesota, located in Le Sueur County. The city spans 1 ZIP code and is home to approximately 4,948 residents. It is a middle-aged city, with a median age of 40.6 years.
Economically, Montgomery is a middle-income community. The median household income of $81,919 is near the national average. Approximately 4.8% of residents live below the poverty line. The unemployment rate is 4.0%, below the national average.
The real estate market in Montgomery is a mid-range housing market. Median home values stand at $254,900, which is near the national average. Renters typically pay around $893 per month. Homeownership is high at 85.4%, typical of suburban and family-oriented communities.
The population of Montgomery is moderately educated. 39.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.23%).
Montgomery, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56069 | 4,948 | $81,919 | $254,900 | $893 | 4.0% | 39.9% | 85.4% |