Montgomery, TX
Population 2,272 · Texas
About Montgomery, TX
Montgomery is a small town located in Texas with a population of 2,272 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,333 per year, which is 4% above the national median of $75,149. The median age of 36.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Montgomery features a median home value of $366,600, which is 50% above the national median of $244,900. This positions Montgomery in a moderately priced market relative to the rest of the country. Median monthly rent is $1,342, 15% above the national average of $1,163/month. Of the 1,061 total housing units, 58% are owner-occupied (549 units) and 42% are renter-occupied (405 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Montgomery shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 8.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Montgomery have an average one-way commute time of 35.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
38.7% of 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 8.9% White, 3.8% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Montgomery, TX
Compared to national averages, Montgomery has a median household income of $78,333 (4% above the national median of $75,149). Home values average $366,600, which is 50% above the national median. Monthly rent at $1,342 is 15% above the US average of $1,163. Within Texas, Montgomery's income is 8% above the state average of $72,726, and home values are 73% above the state median of $211,769.
Why Live in Montgomery, TX?
Montgomery offers a strong local economy with a median household income of $78,333, well above the national average, and a well-educated community where 38.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.1%, better than the national average.
Montgomery has a population of 2,272 with a median age of 36.1 years. Compare Montgomery with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Montgomery
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pelican Bay | 2,271 | $57,105 | $140,000 | Compare |
| Inez | 2,280 | $81,760 | $175,400 | Compare |
| Monte Alto | 2,260 | $40,920 | $96,400 | Compare |
| Shiner | 2,284 | $95,380 | $219,800 | Compare |
| Electra | 2,259 | $64,125 | $52,300 | Compare |
| Copper Canyon | 2,257 | $143,304 | $700,100 | Compare |
| Trinity | 2,291 | $30,766 | $65,600 | Compare |
| Salado | 2,292 | $103,500 | $395,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of Montgomery, TX is 2,272 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Montgomery?
The median household income in Montgomery, TX is $78,333 per year, which is 4% above the national median of $75,149.
What is the median home value in Montgomery?
The median home value in Montgomery, TX is $366,600, which is 50% 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, TX is $1,342, which is 15% above the national average of $1,163/month.
What is the unemployment rate in Montgomery?
The unemployment rate in Montgomery, TX is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Montgomery, TX a good place to live?
Montgomery offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,272 and a median age of 36.1, the city appeals to a broad range of residents.
How educated is Montgomery, TX?
38.7% 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, TX: median home value is $366,600 (50% above national), median rent is $1,342/month, and median household income is $78,333. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Montgomery?
The poverty rate in Montgomery, TX is 8.1%, 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, TX?
Montgomery's population is 8.9% White, 3.8% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 1.8% two or more races. 1.5% of residents are foreign-born.