Living in Montgomery City, Missouri
Cost of living, income, home prices, rent and demographics of Montgomery City · Census data 2020–2024
Montgomery City has 2,801 residents with a median age of 33.8. The median household income is $57,500 (19% lower than the Missouri median), the median home value is $161,100, the median rent is $767/month.
Montgomery City at a glance
- Population
- 2,801
- Median age
- 33.8State: 39
- Median household income
- $57,500State: $70,702
- Median home value
- $161,100State: $230,300
- Median rent
- $767/moState: $1,033
- Homeowners
- 65.6%
- Bachelor's degree or higher
- 20.2%
- Average commute
- 26 min
Is Montgomery City a good place to live?
Pros: Home values 30% lower than the state median; unemployment of 3.9%.
Cons: Median household income 19% lower than the Missouri median; an average commute of 26 minutes; a poverty rate of 17.7%.
The weather is best in May–June and September–October.
Cost of living in Montgomery City
Housing is the biggest part of the cost of living. In Montgomery City the median home value is $161,100, 52% lower than the U.S. median. Renters pay a median of $767 per month, which is 27.7% of household income. Homeowners with a mortgage pay $1,281 a month in housing costs.
Montgomery City median household income
The median household income in Montgomery City is $57,500 and the income per person is $27,232. 17.7% of residents live below the poverty line (Missouri: 12.6%).
Housing in Montgomery City: homes for sale and rent
- Housing units
- 1,313
- Owner-occupied
- 65.6%
- Renter-occupied
- 34.4%
- Vacant
- 9.8%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.32
Montgomery City demographics
- Population
- 2,801
- Median age
- 33.8
- Under 18
- 24.6%
- 65 and older
- 14%
- Households
- 1,184
- Foreign-born
- 1.4%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Montgomery City ›
Education in Montgomery City
20.2% of adults 25 and older in Montgomery City have a bachelor's degree or higher (Missouri: 32.4%), and 4.5% have a graduate or professional degree.
Jobs and commute in Montgomery City
- Unemployment rate
- 3.9%State: 4%
- Average commute
- 26 minState: 24 min
- Work from home
- 7.9%
- Drive alone
- 77.9%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 90.8%
Montgomery City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montgomery City | 2,801 | $57,500 | $161,100 | $767 |
| New Florence | 667 | $42,174 | $95,100 | $869 |
| Wellsville | 1,165 | $61,429 | $84,400 | $725 |
| Bellflower | 238 | $45,313 | $61,700 | $907 |
| High Hill | 238 | $63,750 | $123,800 | $538 |
| Middletown | 248 | $50,625 | $65,000 | $773 |
| Martinsburg | 522 | $34,503 | — | $398 |
| Big Spring | 140 | $100,500 | $210,000 | — |
| Jonesburg | 806 | $74,821 | $174,200 | $912 |
More for people moving to Montgomery City
Montgomery City ZIP code ›Weather and climate ›Living in Montgomery City: FAQ
What is the median household income in Montgomery City, MO?
The median household income in Montgomery City is $57,500, 19% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Montgomery City?
The median home value in Montgomery City is $161,100, compared with $230,300 in Missouri.
How much is rent in Montgomery City?
The median gross rent in Montgomery City is $767 per month, about 27.7% of household income.
Is Montgomery City, MO a good place to live?
Pluses: home values 30% lower than the state median; unemployment of 3.9%. Minuses: median household income 19% lower than the Missouri median; an average commute of 26 minutes; a poverty rate of 17.7%.
What is the median age in Montgomery City?
The median age in Montgomery City is 33.8 years (Missouri: 39).
How long is the commute in Montgomery City?
The average commute to work in Montgomery City is 26 minutes; 7.9% of workers work from home.
What is the unemployment rate in Montgomery City?
The unemployment rate in Montgomery City is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montgomery City?
20.2% of adults in Montgomery City 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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