Living in Montgomery, Vermont
Cost of living, income, home prices, rent and demographics of Montgomery · Census data 2020–2024
Montgomery has 1,047 residents with a median age of 51.5. The median household income is $53,289 (34% lower than the Vermont median), the median home value is $323,200, the median rent is $868/month.
Montgomery is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Montgomery at a glance
- Population
- 1,047
- Median age
- 51.5State: 43.1
- Median household income
- $53,289State: $81,203
- Median home value
- $323,200State: $316,600
- Median rent
- $868/moState: $1,234
- Homeowners
- 80.7%
- Bachelor's degree or higher
- 52.8%
- Average commute
- 37 min
Is Montgomery a good place to live?
Cons: Median household income 34% lower than the Vermont median; home values about the same as the state median; an average commute of 37 minutes; unemployment of 16.1%; a poverty rate of 15.6%.
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 $323,200, about the same as the U.S. median. Renters pay a median of $868 per month, which is 31.8% of household income. Homeowners with a mortgage pay $2,135 a month in housing costs.
Montgomery median household income
The median household income in Montgomery is $53,289 and the income per person is $45,051. 15.6% of residents live below the poverty line (Vermont: 10.1%).
Housing in Montgomery: homes for sale and rent
- Housing units
- 788
- Owner-occupied
- 80.7%
- Renter-occupied
- 19.3%
- Vacant
- 26.9%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 1.82
Montgomery demographics
- Population
- 1,047
- Median age
- 51.5
- Under 18
- 15.5%
- 65 and older
- 33.9%
- Households
- 576
- Foreign-born
- 1.5%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Montgomery ›
Education in Montgomery
52.8% of adults 25 and older in Montgomery have a bachelor's degree or higher (Vermont: 43.8%), and 17.7% have a graduate or professional degree.
Jobs and commute in Montgomery
- Unemployment rate
- 16.1%State: 3.6%
- Average commute
- 37 minState: 24 min
- Work from home
- 16%
- Drive alone
- 74.6%
- Public transit
- 0%
- Walk to work
- 1.3%
- Homes with broadband
- 91.8%
Montgomery vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montgomery | 1,047 | $53,289 | $323,200 | $868 |
| Westfield | 536 | $72,500 | $301,400 | $863 |
| Richford | 2,467 | $56,853 | $176,600 | $1,160 |
| Enosburgh | 2,804 | $63,828 | $223,100 | $852 |
| Belvidere | 422 | $81,563 | $239,200 | $1,542 |
| Jay | 471 | $74,792 | $234,200 | — |
| Lowell | 1,070 | $57,404 | $183,400 | $945 |
| Bakersfield | 1,109 | $83,462 | $271,300 | $1,200 |
| Enosburg Falls | 1,570 | $50,870 | $206,500 | $832 |
More for people moving to Montgomery
Montgomery ZIP code ›Weather and climate ›Living in Montgomery: FAQ
What is the median household income in Montgomery, VT?
The median household income in Montgomery is $53,289, 34% lower than the Vermont median of $81,203 (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 $323,200, compared with $316,600 in Vermont.
How much is rent in Montgomery?
The median gross rent in Montgomery is $868 per month, about 31.8% of household income.
Is Montgomery, VT a good place to live?
Minuses: median household income 34% lower than the Vermont median; home values about the same as the state median; an average commute of 37 minutes; unemployment of 16.1%; a poverty rate of 15.6%.
What is the median age in Montgomery?
The median age in Montgomery is 51.5 years (Vermont: 43.1).
How long is the commute in Montgomery?
The average commute to work in Montgomery is 37 minutes; 16% of workers work from home.
What is the unemployment rate in Montgomery?
The unemployment rate in Montgomery is 16.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montgomery?
52.8% 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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