Montgomery, IL
Population 21,205 · Illinois
About Montgomery, IL
Montgomery is a mid-sized city in Illinois with a population of 21,205 residents. The median household income is $96,985 per year, which is above the national average. The median age in Montgomery is 35.1 years.
Housing in Montgomery has a median home value of $270,700 and median monthly rent of $1,897. Of the 7,452 total housing units, the majority are owner-occupied, with 5,540 owner-occupied and 1,548 renter-occupied units.
The unemployment rate in Montgomery is 3.6% and the poverty rate is 8.8%. 29.0% of residents hold a bachelor's degree or higher. The average commute time is 33.2 minutes.
Cost of Living in Montgomery, IL
Compared to national averages, Montgomery has a median household income of $96,985 (29% above the national median of $75,149). Home values average $270,700, which is 11% above the national median. Monthly rent at $1,897 is 63% above the US average of $1,163. Within Illinois, Montgomery's income is 29% above the state average of $75,072, and home values are 63% above the state median of $165,779.
Why Live in Montgomery, IL?
Montgomery offers a strong local economy with a median household income of $96,985, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a low poverty rate of 8.8%, better than the national average.
Montgomery has a population of 21,205 with a median age of 35.1 years. Compare Montgomery with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Montgomery
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Geneva | 21,299 | $136,621 | $415,800 | Compare |
| South Holland | 21,016 | $87,378 | $201,200 | Compare |
| Dolton | 20,979 | $58,706 | $140,500 | Compare |
| Park Forest | 20,898 | $62,305 | $106,200 | Compare |
| East Moline | 20,837 | $63,328 | $135,300 | Compare |
| Grayslake | 20,707 | $113,697 | $293,900 | Compare |
| Carbondale | 21,813 | $29,670 | $124,800 | Compare |
| Darien | 21,855 | $109,354 | $386,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Montgomery With Other Cities
Frequently Asked Questions about Montgomery
What is the population of Montgomery, IL?
The population of Montgomery, IL is 21,205 according to the latest Census data.
What is the median household income in Montgomery?
The median household income in Montgomery, IL is $96,985 per year.
What is the median home value in Montgomery?
The median home value in Montgomery, IL is $270,700.
What is the average rent in Montgomery?
The median monthly rent in Montgomery, IL is $1,897.
What is the unemployment rate in Montgomery?
The unemployment rate in Montgomery, IL is 3.6%.