Living in Montgomery, Georgia

Cost of living, income, home prices, rent and demographics of Montgomery · Census data 2020–2024

Montgomery has 4,976 residents with a median age of 36.6. The median household income is $90,843 (17% higher than the Georgia median), the median home value is $387,700, the median rent is $1,382/month.

Montgomery at a glance

Population
4,976
Median age
36.6State: 37.6
Median household income
$90,843State: $77,353
Median home value
$387,700State: $303,300
Median rent
$1,382/moState: $1,393
Homeowners
79.8%
Bachelor's degree or higher
43.9%
Average commute
21 min

Is Montgomery a good place to live?

Pros: Median household income 17% higher than the Georgia median; an average commute of 21 minutes; unemployment of 2.6%; a poverty rate of 12%.

Cons: Home values 28% higher than the state median.

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 $387,700, 17% higher than the U.S. median. Renters pay a median of $1,382 per month, which is 21% of household income. Homeowners with a mortgage pay $2,704 a month in housing costs.

Median home value

Montgomery$387,700
Georgia$303,300
United States$332,700

Median monthly rent

Montgomery$1,382
Georgia$1,393
United States$1,413

Montgomery median household income

The median household income in Montgomery is $90,843 and the income per person is $50,331. 12% of residents live below the poverty line (Georgia: 13.4%).

Median household income

Montgomery$90,843
Georgia$77,353
United States$80,734

Housing in Montgomery: homes for sale and rent

Housing units
2,212
Owner-occupied
79.8%
Renter-occupied
20.2%
Vacant
5.4%Includes seasonal homes
Median year built
1985
Average household size
2.38

Montgomery demographics

Population
4,976
Median age
36.6
Under 18
16.8%
65 and older
21.2%
Households
2,093
Foreign-born
4.7%
Veterans
8%Adults 18+

Race and ethnicity

White68.8%
Hispanic or Latino7.4%
Black13.1%
Asian7.8%

Hispanic or Latino can be of any race. Population history of Montgomery ›

Education in Montgomery

43.9% of adults 25 and older in Montgomery have a bachelor's degree or higher (Georgia: 34.9%), and 23.9% have a graduate or professional degree.

Bachelor's degree or higher

Montgomery43.9%
Georgia34.9%
United States35.7%

Jobs and commute in Montgomery

Unemployment rate
2.6%State: 5.1%
Average commute
21 minState: 28 min
Work from home
3.5%
Drive alone
83.9%
Public transit
0%
Walk to work
0%
Homes with broadband
92.5%

Montgomery vs nearby towns

TownPopulationMedian incomeHome valueRent
Montgomery4,976$90,843$387,700$1,382
Vernonburg133$184,750$1,000,000$1,200
Skidaway Island9,315$136,156$803,700$3,501
Isle of Hope2,053$105,478$453,900—
Dutch Island1,225$160,536$568,100—
Thunderbolt2,533$75,234$334,600$1,708
Savannah147,898$57,137$248,900$1,382
Whitemarsh Island6,886$101,729$399,700$1,777
Wilmington Island13,905$93,924$404,900$1,752

More for people moving to Montgomery

Montgomery ZIP code ›Weather and climate ›

Living in Montgomery: FAQ

What is the median household income in Montgomery, GA?

The median household income in Montgomery is $90,843, 17% higher than the Georgia median of $77,353 (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 $387,700, compared with $303,300 in Georgia.

How much is rent in Montgomery?

The median gross rent in Montgomery is $1,382 per month, about 21% of household income.

Is Montgomery, GA a good place to live?

Pluses: median household income 17% higher than the Georgia median; an average commute of 21 minutes; unemployment of 2.6%; a poverty rate of 12%. Minuses: home values 28% higher than the state median.

What is the median age in Montgomery?

The median age in Montgomery is 36.6 years (Georgia: 37.6).

How long is the commute in Montgomery?

The average commute to work in Montgomery is 21 minutes; 3.5% of workers work from home.

What is the unemployment rate in Montgomery?

The unemployment rate in Montgomery is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Montgomery?

43.9% 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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