Living in Montgomery, Alabama
Cost of living, income, home prices, rent and demographics of Montgomery · Census data 2020–2024
Montgomery has 197,494 residents with a median age of 36.6. The median household income is $56,811 (11% lower than the Alabama median), the median home value is $161,900, the median rent is $1,089/month.
Montgomery at a glance
- Population
- 197,494
- Median age
- 36.6State: 39.3
- Median household income
- $56,811State: $63,999
- Median home value
- $161,900State: $209,900
- Median rent
- $1,089/moState: $1,007
- Homeowners
- 54.4%
- Bachelor's degree or higher
- 33.8%
- Average commute
- 21 min
Is Montgomery a good place to live?
Pros: Home values 23% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 11% lower than the Alabama median; unemployment of 6.4%; a poverty rate of 21.5%.
The weather is best in March–April and October–November.
Cost of living in Montgomery
Housing is the biggest part of the cost of living. In Montgomery the median home value is $161,900, 51% lower than the U.S. median. Renters pay a median of $1,089 per month, which is 32.3% of household income. Homeowners with a mortgage pay $1,307 a month in housing costs.
Montgomery median household income
The median household income in Montgomery is $56,811 and the income per person is $33,458. 21.5% of residents live below the poverty line (Alabama: 15.6%).
Housing in Montgomery: homes for sale and rent
- Housing units
- 94,580
- Owner-occupied
- 54.4%
- Renter-occupied
- 45.6%
- Vacant
- 14.1%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.34
Montgomery demographics
- Population
- 197,494
- Median age
- 36.6
- Under 18
- 24%
- 65 and older
- 16%
- Households
- 81,241
- Foreign-born
- 5.8%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Montgomery ›
Education in Montgomery
33.8% of adults 25 and older in Montgomery have a bachelor's degree or higher (Alabama: 28.4%), and 14.6% have a graduate or professional degree.
Jobs and commute in Montgomery
- Unemployment rate
- 6.4%State: 4.7%
- Average commute
- 21 minState: 26 min
- Work from home
- 8%
- Drive alone
- 79.5%
- Public transit
- 0.4%
- Walk to work
- 1.3%
- Homes with broadband
- 90.3%
Montgomery vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montgomery | 197,494 | $56,811 | $161,900 | $1,089 |
| Pike Road | 10,574 | $117,091 | $381,600 | $1,653 |
| Coosada | 1,105 | $61,815 | $169,900 | $925 |
| Blue Ridge | 1,190 | $128,482 | $314,900 | — |
| Redland | 4,982 | $130,278 | $317,100 | $909 |
| Emerald Mountain | 3,535 | $123,347 | $321,300 | — |
| Millbrook | 17,189 | $70,313 | $207,100 | $1,111 |
| Prattville | 39,482 | $81,337 | $214,600 | $1,313 |
| Wetumpka | 7,437 | $57,763 | $203,900 | $1,140 |
More for people moving to Montgomery
Montgomery ZIP code ›Weather and climate ›Living in Montgomery: FAQ
What is the median household income in Montgomery, AL?
The median household income in Montgomery is $56,811, 11% lower than the Alabama median of $63,999 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Montgomery?
The median home value in Montgomery is $161,900, compared with $209,900 in Alabama.
How much is rent in Montgomery?
The median gross rent in Montgomery is $1,089 per month, about 32.3% of household income.
Is Montgomery, AL a good place to live?
Pluses: home values 23% lower than the state median; an average commute of 21 minutes. Minuses: median household income 11% lower than the Alabama median; unemployment of 6.4%; a poverty rate of 21.5%.
What is the median age in Montgomery?
The median age in Montgomery is 36.6 years (Alabama: 39.3).
How long is the commute in Montgomery?
The average commute to work in Montgomery is 21 minutes; 8% of workers work from home.
What is the unemployment rate in Montgomery?
The unemployment rate in Montgomery is 6.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montgomery?
33.8% of adults in Montgomery have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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