Montgomery, IL demographics:
population, income, and more

Total population
21,515
1.5% year-over-year change
Median household income
$103,734/yr
7.0% year-over-year change
Housing units
7,507
0.7% year-over-year change

Montgomery population

How many people live in Montgomery

Montgomery is home to 21,515 residents, according to the most recent Census data. Gender-wise, 52.9% of Montgomery locals are male, and 47.1% are female.

Total population
21,515
1.5% year-over-year change
Gender ratio
Male
52.9%
11,374
Female
47.1%
10,141
Value Percent YoY change
Male 11,374 52.9% -1.9%
Female 10,141 47.1% 5.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Montgomery is 35, with the population distributed as follows: about 22.4% are children under 15, then 15.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 29.2% of the population, while another 21.8% fall into the 45 to 64 bracket. Finally, around 10.8% are 65 or older.

Median age
35.3
Age breakdown
Under 15
22.4%
15 to 24
15.8%
25 to 44
29.2%
45 to 64
21.8%
Over 65
10.8%
Value Percent YoY change
Under 15 4,814 22.4% 1.4%
15 to 24 3,411 15.8% -12.0%
25 to 44 6,280 29.2% 4.1%
45 to 64 4,683 21.8% 5.9%
Over 65 2,327 10.8% 9.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Montgomery, 82.4% of the population are US-born citizens, while 14.1% have gained naturalized citizenship. At the same time, 3.5% of residents are non-citizens. As for race, 57.9% of locals are Caucasian, 8% are African American and 2.3% have Asian roots. There’s also a share of 20.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
82.4%
Non-U.S.-born citizens
14.1%
Non-citizens
3.5%
Value Percent YoY change
U.S.-born citizens 17,729 82.4% 0.3%
Non-U.S.-born citizens 3,032 14.1% 21.0%
Non-citizens 754 3.5% -26.9%
Racial breakdown
White
57.9%
Black or African American
8%
American Indian and Alaska Native
0.6%
Asian
2.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
20.3%
Other
10.9%
Value Percent
White 12,457 57.9%
Black or African American 1,722 8%
American Indian and Alaska Native 130 0.6%
Asian 489 2.3%
Two or more races 4,377 20.3%
Other 2,340 10.9%

Households in Montgomery

A peek inside Montgomery households

Montgomery has 7,144 households, with an average of 3 members in each. Of these, 75.4% are families, while the remaining 24.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
7,144
0.8% year-over-year change
Average people per household
3
Non-family households
1,760
Family households
5,384
Value Percent YoY change
Non-family households 1,760 24.6% 2.6%
Family households 5,384 75.4% 0.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Montgomery

The housing landscape of Montgomery

Montgomery's housing consists of 7,507 units, with 71.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 16.7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.8% of the housing landscape.

Housing units
7,507
0.7% year-over-year change
Housing types
Value Percent
1 unit, detached 5,386 71.8%
1 unit, attached 1,255 16.7%
2 units 45 0.6%
3 or 4 units 194 2.6%
5 to 9 units 138 1.8%
10 to 19 units 155 2.1%
20 to 49 units 147 2%
50 or more units 123 1.6%
Mobile home 64 0.8%
Homes built since 2020
359
-20.0% year-over-year change

The age of buildings in Montgomery

In Montgomery, the median construction year is 2004. About 2.5% of homes were built before the 1940s, with another 1.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 53% of homes were added from 2000 to 2009, 12.7% between 2010 and 2019, and 4.8% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 187 2.5% 16.1%
Built between 1940 and 1949 94 1.2% -33.8%
Built between 1950 and 1959 518 6.9% -2.6%
Built between 1960 and 1969 433 5.8% 4.6%
Built between 1970 and 1979 258 3.4% -12.5%
Built between 1980 and 1989 368 4.9% 0.6%
Built between 1990 and 1999 359 4.8% -23.8%
Built between 2000 and 2009 3,978 53% 0.9%
Built between 2010 and 2019 953 12.7% 40.4%
Built in 2020 or later 359 4.8% -20.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Montgomery occupancy rates

Out of the 7,144 occupied housing units in Montgomery, 79.3% are owner-occupied, while 20.7% are lived in by tenants. Meanwhile, 4.8% of all homes on the local market sit vacant.

Occupied housing units
7,144
0.8% year-over-year change
Occupancy breakdown
Renter occupied
1,477
Owner occupied
5,667
Value Percent YoY
change
Renter occupied 1,477 20.7% -4.6%
Owner occupied 5,667 79.3% 2.3%
Unoccupied housing units
4.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Montgomery housing costs

Housing costs in Montgomery come to a median of $1,932 per month, while tenants specifically pay a median gross rent of $1,984.

Median housing costs per month
$1,932/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Montgomery
$1,984/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Montgomery

Montgomery education at a glance

About 35.7% of the population in Montgomery went to high school, while 22% pursued college studies. Another 11.8% earned an associate degree and 20.5% hold a bachelor’s. Meanwhile, 4.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 787 5.1% 8.4%
High school diploma 5,499 35.7% 6.3%
College diploma 3,387 22% 13.3%
Associate degree 1,815 11.8% -16.1%
Bachelor's degree 3,149 20.5% 21.1%
Graduate degree 756 4.9% -37.1%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Montgomery

How much people earn in Montgomery

The average annual household income in Montgomery was $110,884 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.8% change from the previous year. At the same time, the median income stood at $103,734, reflecting a +7% shift over the same period.

Average household income in Montgomery
$110,884/year
0.8% year-over-year change
Median household income in Montgomery
$103,734/year
7.0% year-over-year change

Montgomery income by age

In Montgomery, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $104,126. Those with someone between 45 and 64 in charge, often well established professionally, earn $121,080 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $35,473, while those led by someone over 65, many of whom may be retired, have about $61,528 in earnings. Overall, 93.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $35,473 34.0%
25 - 44 $104,126 7.1%
45 - 64 $121,080 3.7%
Over 65 $61,528 12.3%
Above poverty level
19,483
Below poverty level
1,419
Value Percent YoY
change
Above poverty level 19,483 93.2% 3.5%
Below poverty level 1,419 6.8% -22.8%

Average renter income in Montgomery

To get a better sense of what renters earn on average in Montgomery, their median household income was $71,647 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 33.2%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$71,647
Rent-to-income ratio
33.2%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Montgomery

Workforce and job types in Montgomery

The job market in Montgomery is powered by 11,601 working residents, spread across a range of industries and roles. 74.5% of the working population are employed in professional or administrative positions, while 25.5% are in hands-on or service-based jobs. Also, 8.2% run their own businesses, 71.3% are employed by private companies, and 13.9% work in the public sector.

Workforce demographics

Working population
11,601
2.8% year-over-year change
White collar
8,641
Blue collar
2,960
Value Percent YoY change
White collar 8,641 74.5% -5.5%
Blue collar 2,960 25.5% 38.0%
Employer type
Self employees
8.2%
Private companies
71.3%
Governmental workers
13.9%
Not for profit companies
6.6%
Value Percent YoY change
Self employees 957 8.2% -4.6%
Private companies 8,271 71.3% 7.0%
Governmental workers 1,611 13.9% -17.9%
Not for profit companies 762 6.6% 29.1%
Unemployment rate
3.4%
-3.1% year-over-year change

Available workforce

The unemployment rate in Montgomery stands at 3.4%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Montgomery

How people get around in Montgomery

In Montgomery, the average commute time is 33 minutes. Commuting methods vary: 85.8% of residents travel by personal vehicle and 0.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
33 min
Means of transportation
Value Percent YoY change
Car 9,905 85.8% 0.8%
Railroad 75 0.6% -9.6%
Bicycle 27 0.2% 35.0%
Walk 47 0.4% 23.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Montgomery by zipcode?

Zipcode Population Number of households Median income Average income
60538 30,514 10,175 $97,131 $106,926

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FAQs about Montgomery demographics 

What is the total population of Montgomery?

Montgomery has a total population of 21,515 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +1.5% compared to a year ago.

What is the gender ratio in Montgomery?

The gender ratio in Montgomery is as follows:
  • 52.9% males (11,374 residents)
  • 47.1% females (10,141 residents)

What is the median age in Montgomery?

The median age in Montgomery is 35.3.

What is the age distribution of the population in Montgomery?

The age distribution in Montgomery is as follows:
  • Under 15: 22.4% (4,814 residents)
  • Ages 15-24: 15.8% (3,411 residents)
  • Ages 25-44: 29.2% (6,280 residents)
  • Ages 45-64: 21.8% (4,683 residents)
  • Over 65: 10.8% (2,327 residents)

What is the racial and ethnic makeup of Montgomery?

The racial and ethnic makeup of Montgomery is as follows:
  • White: 57.9% (12,457 residents)
  • Black or African American: 8% (1,722 residents)
  • American Indian and Alaska Native: 0.6% (130 residents)
  • Asian: 2.3% (489 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 20.3% (4,377 residents)
  • Other: 10.9% (2,340 residents)

What percentage of the population in Montgomery are U.S.-born citizens?

U.S.-born citizens represent 82.4% of the population in Montgomery.

How many housing units are there in Montgomery?

There are 7,507 housing units in Montgomery, reflecting a +0.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Montgomery and what is the average household size?

Montgomery has a total of 7,144 households, with an average of 3 people in each.

What is the median household income in Montgomery?

Montgomery has a median household income of $103,734, representing a +7.0% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Montgomery?

The employment rate is 96.6% in Montgomery, with a workforce of 11,601 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 74.5% (8,641 residents)
  • Blue-collar workers: 25.5% (2,960 residents)

Places of employment:
  • Self-employed: 8.2% (957 residents)
  • Private companies: 71.3% (8,271 residents)
  • Governmental workers: 13.9% (1,611 residents)
  • Not-for-profit companies: 6.6% (762 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025