Fort Montgomery, NY
Population 2,198 · New York
About Fort Montgomery, NY
Fort Montgomery is a small town located in New York with a population of 2,198 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,946 per year, which is 8% above the national median of $75,149. The median age of 43.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Fort Montgomery features a median home value of $347,200, which is 42% above the national median of $244,900. This positions Fort Montgomery in a moderately priced market relative to the rest of the country. Median monthly rent is $1,473, 27% above the national average of $1,163/month. Of the 961 total housing units, 57% are owner-occupied (535 units) and 43% are renter-occupied (397 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Fort Montgomery shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fort Montgomery have an average one-way commute time of 26.1 minutes.
Education & Demographics
30.4% of Fort Montgomery residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.7% White, 2.5% Hispanic or Latino, 17.6% Black or African American, and 6.3% Asian residents, with 16.2% of the population being foreign-born.
How Fort Montgomery Ranks in New York
Cost of Living in Fort Montgomery, NY
Compared to national averages, Fort Montgomery has a median household income of $80,946 (8% above the national median of $75,149). Home values average $347,200, which is 42% above the national median. Monthly rent at $1,473 is 27% above the US average of $1,163. Within New York, Fort Montgomery's income is 17% below the state average of $96,987, and home values are 10% below the state median of $387,181.
Why Live in Fort Montgomery, NY?
Fort Montgomery offers a strong local economy with a median household income of $80,946, well above the national average, and a strong job market with an unemployment rate of just 1.1%, and a low poverty rate of 4.2%, better than the national average.
Fort Montgomery has a population of 2,198 with a median age of 43.9 years. Compare Fort Montgomery with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Fort Montgomery
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pulaski | 2,202 | $62,733 | $151,200 | Compare |
| Caledonia | 2,193 | $89,583 | $169,700 | Compare |
| Fishkill | 2,193 | $94,348 | $280,400 | Compare |
| Tioga Terrace | 2,206 | $126,250 | $209,700 | Compare |
| Lima | 2,188 | $85,469 | $195,400 | Compare |
| Brewster Hill | 2,211 | $96,540 | $416,200 | Compare |
| Bellerose Terrace | 2,180 | $160,443 | $562,700 | Compare |
| Water Mill | 2,218 | $158,250 | $2,000,001 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fort Montgomery With Other Cities
Frequently Asked Questions about Fort Montgomery
What is the population of Fort Montgomery, NY?
The population of Fort Montgomery, NY is 2,198 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Fort Montgomery?
The median household income in Fort Montgomery, NY is $80,946 per year, which is 8% above the national median of $75,149.
What is the median home value in Fort Montgomery?
The median home value in Fort Montgomery, NY is $347,200, which is 42% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fort Montgomery?
The median monthly rent in Fort Montgomery, NY is $1,473, which is 27% above the national average of $1,163/month.
What is the unemployment rate in Fort Montgomery?
The unemployment rate in Fort Montgomery, NY is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fort Montgomery, NY a good place to live?
Fort Montgomery offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,198 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Fort Montgomery, NY?
30.4% of residents in Fort Montgomery aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Fort Montgomery?
Key cost-of-living indicators for Fort Montgomery, NY: median home value is $347,200 (42% above national), median rent is $1,473/month, and median household income is $80,946. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Fort Montgomery?
The poverty rate in Fort Montgomery, NY is 4.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fort Montgomery, NY?
Fort Montgomery's population is 1.7% White, 2.5% Hispanic or Latino, 17.6% Black or African American, 6.3% Asian, and 7.7% two or more races. 16.2% of residents are foreign-born.