Montgomery, OH
Population 10,816 · Ohio
About Montgomery, OH
Montgomery is a mid-sized city located in Ohio with a population of 10,816 residents according to the latest US Census Bureau American Community Survey data. The median household income is $148,438 per year, which is 98% above the national median of $75,149. The median age of 44.2 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 Montgomery features a median home value of $505,800, which is 107% above the national median of $244,900. This places Montgomery in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,507, 30% above the national average of $1,163/month. Of the 4,224 total housing units, 89% are owner-occupied (3,622 units) and 11% are renter-occupied (453 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Montgomery shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Montgomery have an average one-way commute time of 21.9 minutes.
Education & Demographics
76.1% of Montgomery residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.7% Asian residents, with 6.1% of the population being foreign-born.
How Montgomery Ranks in Ohio
Cost of Living in Montgomery, OH
Compared to national averages, Montgomery has a median household income of $148,438 (98% above the national median of $75,149). Home values average $505,800, which is 107% above the national median. Monthly rent at $1,507 is 30% above the US average of $1,163. Within Ohio, Montgomery's income is 107% above the state average of $71,814, and home values are 190% above the state median of $174,449.
Why Live in Montgomery, OH?
Montgomery offers a strong local economy with a median household income of $148,438, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 76.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.7%, better than the national average, and short commute times averaging just 21.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $505,800. However, Montgomery’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montgomery has a population of 10,816 with a median age of 44.2 years. Compare Montgomery with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Montgomery
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bedford Heights | 10,876 | $47,066 | $137,500 | Compare |
| Northbrook | 10,741 | $63,486 | $134,800 | Compare |
| Van Wert | 10,710 | $53,632 | $109,700 | Compare |
| Richmond Heights | 10,677 | $56,734 | $176,100 | Compare |
| Springdale | 10,983 | $72,500 | $171,400 | Compare |
| Celina | 11,017 | $66,142 | $158,800 | Compare |
| Ironton | 10,585 | $45,694 | $112,400 | Compare |
| Coshocton | 11,056 | $48,819 | $121,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
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, OH?
The population of Montgomery, OH is 10,816 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Montgomery?
The median household income in Montgomery, OH is $148,438 per year, which is 98% above the national median of $75,149.
What is the median home value in Montgomery?
The median home value in Montgomery, OH is $505,800, which is 107% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Montgomery?
The median monthly rent in Montgomery, OH is $1,507, which is 30% above the national average of $1,163/month.
What is the unemployment rate in Montgomery?
The unemployment rate in Montgomery, OH is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Montgomery, OH a good place to live?
Montgomery offers above-average incomes, a competitive housing market, and a strong job market. With a population of 10,816 and a median age of 44.2, the city appeals to a broad range of residents.
How educated is Montgomery, OH?
76.1% of residents in Montgomery aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Montgomery?
Key cost-of-living indicators for Montgomery, OH: median home value is $505,800 (107% above national), median rent is $1,507/month, and median household income is $148,438. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Montgomery?
The poverty rate in Montgomery, OH is 2.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Montgomery, OH?
Montgomery's population is 4.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.7% Asian, and 2.1% two or more races. 6.1% of residents are foreign-born.