Living in Montgomery, Texas

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

Montgomery has 2,489 residents with a median age of 35.4. The median household income is $72,917 (7% lower than the Texas median), the median home value is $363,200, the median rent is $1,417/month.

Montgomery at a glance

Population
2,489
Median age
35.4State: 35.6
Median household income
$72,917State: $78,476
Median home value
$363,200State: $283,800
Median rent
$1,417/moState: $1,403
Homeowners
54%
Bachelor's degree or higher
35.5%
Average commute
38 min

Is Montgomery a good place to live?

Pros: A poverty rate of 9.6%.

Cons: Median household income 7% lower than the Texas median; home values 28% higher than the state median; an average commute of 38 minutes; unemployment of 7.2%.

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 $363,200, 9% higher than the U.S. median. Renters pay a median of $1,417 per month, which is 39% of household income. Homeowners with a mortgage pay $2,658 a month in housing costs.

Median home value

Montgomery$363,200
Texas$283,800
United States$332,700

Median monthly rent

Montgomery$1,417
Texas$1,403
United States$1,413

Montgomery median household income

The median household income in Montgomery is $72,917 and the income per person is $38,865. 9.6% of residents live below the poverty line (Texas: 13.8%).

Median household income

Montgomery$72,917
Texas$78,476
United States$80,734

Housing in Montgomery: homes for sale and rent

Housing units
1,226
Owner-occupied
54%
Renter-occupied
46%
Vacant
9.5%Includes seasonal homes
Median year built
2013
Average household size
2.24

Montgomery demographics

Population
2,489
Median age
35.4
Under 18
23.7%
65 and older
18.4%
Households
1,109
Foreign-born
1.9%
Veterans
6.4%Adults 18+

Race and ethnicity

White80.8%
Hispanic or Latino10.6%
Black3.9%
Asian2.2%

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

Education in Montgomery

35.5% of adults 25 and older in Montgomery have a bachelor's degree or higher (Texas: 33.8%), and 8.2% have a graduate or professional degree.

Bachelor's degree or higher

Montgomery35.5%
Texas33.8%
United States35.7%

Jobs and commute in Montgomery

Unemployment rate
7.2%State: 5.3%
Average commute
38 minState: 27 min
Work from home
7.5%
Drive alone
65.3%
Public transit
0%
Walk to work
1.7%
Homes with broadband
95%

Montgomery vs nearby towns

TownPopulationMedian incomeHome valueRent
Montgomery2,489$72,917$363,200$1,417
Plantersville579$103,627$223,900$960
Panorama Village2,525$77,411$291,100$1,494
Magnolia4,068$78,605$322,800$1,121
Willis6,878$68,632$124,300$1,268
Conroe102,360$76,206$309,600$1,393
Pinehurst4,266$61,832$271,600$731
New Waverly955$48,137$162,500$1,245
Stagecoach637$107,344$435,100—

More for people moving to Montgomery

Montgomery ZIP code ›Weather and climate ›

Living in Montgomery: FAQ

What is the median household income in Montgomery, TX?

The median household income in Montgomery is $72,917, 7% lower than the Texas median of $78,476 (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 $363,200, compared with $283,800 in Texas.

How much is rent in Montgomery?

The median gross rent in Montgomery is $1,417 per month, about 39% of household income.

Is Montgomery, TX a good place to live?

Pluses: a poverty rate of 9.6%. Minuses: median household income 7% lower than the Texas median; home values 28% higher than the state median; an average commute of 38 minutes; unemployment of 7.2%.

What is the median age in Montgomery?

The median age in Montgomery is 35.4 years (Texas: 35.6).

How long is the commute in Montgomery?

The average commute to work in Montgomery is 38 minutes; 7.5% of workers work from home.

What is the unemployment rate in Montgomery?

The unemployment rate in Montgomery is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Montgomery?

35.5% 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.

Last updated: