Living in Fort Montgomery, New York
Cost of living, income, home prices, rent and demographics of Fort Montgomery · Census data 2020–2024
Fort Montgomery has 2,422 residents with a median age of 39.7. The median household income is $84,570 (about the same as the New York median), the median home value is $330,000, the median rent is $1,867/month.
Fort Montgomery at a glance
- Population
- 2,422
- Median age
- 39.7State: 39.8
- Median household income
- $84,570State: $85,974
- Median home value
- $330,000State: $423,800
- Median rent
- $1,867/moState: $1,621
- Homeowners
- 58.7%
- Bachelor's degree or higher
- 25%
- Average commute
- 24 min
Is Fort Montgomery a good place to live?
Pros: Home values 22% lower than the state median; an average commute of 24 minutes; unemployment of 1.3%; a poverty rate of 2.1%.
Cons: Median household income about the same as the New York median.
The weather is best in May–June and August–September.
Cost of living in Fort Montgomery
Housing is the biggest part of the cost of living. In Fort Montgomery the median home value is $330,000, about the same as the U.S. median. Renters pay a median of $1,867 per month, which is 25.6% of household income. Homeowners with a mortgage pay $3,519 a month in housing costs.
Fort Montgomery median household income
The median household income in Fort Montgomery is $84,570 and the income per person is $41,817. 2.1% of residents live below the poverty line (New York: 14%).
Housing in Fort Montgomery: homes for sale and rent
- Housing units
- 999
- Owner-occupied
- 58.7%
- Renter-occupied
- 41.3%
- Vacant
- 2.8%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.49
Fort Montgomery demographics
- Population
- 2,422
- Median age
- 39.7
- Under 18
- 23.7%
- 65 and older
- 19.2%
- Households
- 971
- Foreign-born
- 18%
- Veterans
- 11.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Fort Montgomery ›
Education in Fort Montgomery
25% of adults 25 and older in Fort Montgomery have a bachelor's degree or higher (New York: 40.2%), and 10.9% have a graduate or professional degree.
Jobs and commute in Fort Montgomery
- Unemployment rate
- 1.3%State: 6.4%
- Average commute
- 24 minState: 33 min
- Work from home
- 6.4%
- Drive alone
- 82.3%
- Public transit
- 0%
- Walk to work
- 2.4%
- Homes with broadband
- 89.7%
Fort Montgomery vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fort Montgomery | 2,422 | $84,570 | $330,000 | $1,867 |
| Highland Falls | 3,683 | $110,714 | $353,900 | $1,643 |
| West Point | 6,349 | $135,333 | — | $3,501 |
| Peekskill | 25,625 | $85,954 | $395,600 | $2,036 |
| Cold Spring | 1,863 | $117,292 | $600,100 | $1,777 |
| Buchanan | 2,397 | $128,218 | $525,500 | $1,953 |
| Woodbury | 11,334 | $121,221 | $452,200 | $1,868 |
| Verplanck | 650 | $98,091 | $447,700 | $1,850 |
| Nelsonville | 714 | $153,750 | $599,700 | $1,902 |
More for people moving to Fort Montgomery
Fort Montgomery ZIP code ›Weather and climate ›Living in Fort Montgomery: FAQ
What is the median household income in Fort Montgomery, NY?
The median household income in Fort Montgomery is $84,570, about the same as the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fort Montgomery?
The median home value in Fort Montgomery is $330,000, compared with $423,800 in New York.
How much is rent in Fort Montgomery?
The median gross rent in Fort Montgomery is $1,867 per month, about 25.6% of household income.
Is Fort Montgomery, NY a good place to live?
Pluses: home values 22% lower than the state median; an average commute of 24 minutes; unemployment of 1.3%; a poverty rate of 2.1%. Minuses: median household income about the same as the New York median.
What is the median age in Fort Montgomery?
The median age in Fort Montgomery is 39.7 years (New York: 39.8).
How long is the commute in Fort Montgomery?
The average commute to work in Fort Montgomery is 24 minutes; 6.4% of workers work from home.
What is the unemployment rate in Fort Montgomery?
The unemployment rate in Fort Montgomery is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fort Montgomery?
25% of adults in Fort 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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