Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Montgomery, MN Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

3,434

Median Agei

34.3

Race & Ethnicityi

White

89.5%3,075

Hispanic/Latino

7.3%251

Two or More

1.3%46

Other

0.8%27

American Indian/Alaska Native

0.6%19

Black

0.5%16

Educational Attainment (Age 25+)i

GED/Alternative

5.1%113

High School Diploma

32.1%714

Some College (<1 yr)

7.3%162

Some College (1+ yr)

15.4%342

Associate's Degree

18%400

Bachelor's Degree

13.3%297

Master's Degree

2.4%53

Doctorate

1.3%29

HS or Higher

94.8%

BA or Higher

17%

Graduate+

3.7%

Housingi

Median Home Valuei

$234,700

Median Renti

$974

Tenure

Owner-Occupied

74.8%1,035

Renter-Occupied

25.2%349

Total Units

1,426

Homeownership

74.8%

Vacancy Rate

2.9%

Home Values

Under $50K

3.9%40

$50K–$100K

2.4%25

$100K–$150K

2.3%24

$150K–$200K

17.6%182

$200K–$300K

51.2%530

$300K–$500K

15.2%157

$500K–$1M

2.7%28

$1M+

4.7%49

Rent Distribution

Under $500

$500–$750

$750–$1,000

135

$1,000–$1,250

$1,500–$2,000

Year Built

2010–2019

10.9%156

2000–2009

15.5%221

1990–1999

6%86

1980–1989

3.9%55

1970–1979

8.1%116

1960–1969

9.4%134

1950–1959

11.6%165

1940–1949

1.6%23

1939 or earlier

33%470

Heating Fuel

Utility Gas

82.9%1,147

Electricity

15.5%215

Other

0.9%12

No Fuel

0.7%10

Economyi

Median Household Incomei

$79,432

Mean Household Incomei

$92,204

Per Capita Incomei

$38,231

Poverty Ratei

5.7%

Unemploymenti

2.9%

Labor Forcei

1,909

Household Income Distribution

Under $10K

1.1%15

$15K–$20K

4.2%58

$20K–$25K

3%42

$25K–$30K

3.5%48

$30K–$35K

8.7%120

$35K–$40K

2.8%39

$40K–$45K

1.4%20

$45K–$50K

8.2%113

$50K–$60K

6.8%94

$60K–$75K

7%97

$75K–$100K

17.8%247

$100K–$125K

13.3%184

$125K–$150K

7.7%107

$150K–$200K

8%111

$200K+

6.4%89

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

Residentsi

Avg. Tenant Renti

$444/mo

Avg. Waitlisti

27 months

Programs in this community

Public Housing31 homes100% occupied$444/mo rent

Government-owned housing managed by local housing authorities

Housing Choice Vouchers29 homes

Rental vouchers (Section 8) that help tenants pay for private-market housing

Household Incomei

Based on area median of $79,432/yr

Extremely low incomeUnder $24K/yr

68%

Very low income$24K–$40K/yr

22%

Low income$40K–$64K/yr

Moderate / aboveOver $64K/yr

Who Receives This Housing

74% of subsidized households are headed by a single mother

0% of subsidized households are minority

24% of subsidized households include someone with a disability

87% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

762.2%

By Region

Top Countries

Mexico

Germany

Commute & Transportationi

Workersi

1,849

Avg. Commutei

23.1 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

1,838

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

173(6.9% of civilian adults)

Health Insurancei

96.3%Insured

3.7%Uninsured