Living in Montgomery, New York
Cost of living, income, home prices, rent and demographics of Montgomery · Census data 2020–2024
Montgomery has 3,798 residents with a median age of 39.8. The median household income is $90,214 (5% higher than the New York median), the median home value is $361,300, the median rent is $1,439/month.
Montgomery at a glance
- Population
- 3,798
- Median age
- 39.8State: 39.8
- Median household income
- $90,214State: $85,974
- Median home value
- $361,300State: $423,800
- Median rent
- $1,439/moState: $1,621
- Homeowners
- 77.5%
- Bachelor's degree or higher
- 33.6%
- Average commute
- 32 min
Is Montgomery a good place to live?
Pros: Median household income 5% higher than the New York median; home values 15% lower than the state median; an average commute of 32 minutes.
Cons: Unemployment of 6.5%; a poverty rate of 17.4%.
The weather is best in June to September.
Cost of living in Montgomery
Housing is the biggest part of the cost of living. In Montgomery the median home value is $361,300, 9% higher than the U.S. median. Renters pay a median of $1,439 per month, which is 44.7% of household income. Homeowners with a mortgage pay $2,434 a month in housing costs.
Montgomery median household income
The median household income in Montgomery is $90,214 and the income per person is $40,570. 17.4% of residents live below the poverty line (New York: 14%).
Housing in Montgomery: homes for sale and rent
- Housing units
- 1,573
- Owner-occupied
- 77.5%
- Renter-occupied
- 22.5%
- Vacant
- 3.4%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.50
Montgomery demographics
- Population
- 3,798
- Median age
- 39.8
- Under 18
- 21.9%
- 65 and older
- 18%
- Households
- 1,519
- Foreign-born
- 7.6%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Montgomery ›
Education in Montgomery
33.6% of adults 25 and older in Montgomery have a bachelor's degree or higher (New York: 40.2%), and 16.7% have a graduate or professional degree.
Jobs and commute in Montgomery
- Unemployment rate
- 6.5%State: 6.4%
- Average commute
- 32 minState: 33 min
- Work from home
- 6.9%
- Drive alone
- 79.9%
- Public transit
- 2.5%
- Walk to work
- 0%
- Homes with broadband
- 96.1%
Montgomery vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montgomery | 3,798 | $90,214 | $361,300 | $1,439 |
| Maybrook | 3,142 | $72,389 | $257,500 | $1,517 |
| Walden | 6,868 | $87,487 | $333,500 | $1,625 |
| Pine Bush | 1,868 | $86,786 | $318,200 | $1,390 |
| Wallkill | 1,355 | $103,571 | $341,700 | $1,351 |
| Scotchtown | 10,252 | $96,689 | $344,300 | $1,813 |
| Orange Lake | 9,784 | $109,063 | $362,100 | $2,290 |
| Washingtonville | 5,707 | $95,313 | $355,700 | $1,351 |
| Beaver Dam Lake | 3,627 | $120,755 | $425,200 | — |
More for people moving to Montgomery
Montgomery ZIP code ›Weather and climate ›Living in Montgomery: FAQ
What is the median household income in Montgomery, NY?
The median household income in Montgomery is $90,214, 5% higher than 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 Montgomery?
The median home value in Montgomery is $361,300, compared with $423,800 in New York.
How much is rent in Montgomery?
The median gross rent in Montgomery is $1,439 per month, about 44.7% of household income.
Is Montgomery, NY a good place to live?
Pluses: median household income 5% higher than the New York median; home values 15% lower than the state median; an average commute of 32 minutes. Minuses: unemployment of 6.5%; a poverty rate of 17.4%.
What is the median age in Montgomery?
The median age in Montgomery is 39.8 years (New York: 39.8).
How long is the commute in Montgomery?
The average commute to work in Montgomery is 32 minutes; 6.9% of workers work from home.
What is the unemployment rate in Montgomery?
The unemployment rate in Montgomery is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montgomery?
33.6% 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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