Montgomery, MI Profile: Facts & Data

Advertisement

Montgomery Local Links & Resources:
Resources | ALL Montgomery Content
Planning to visit Montgomery? See Local Hotels

Also See:

Montgomery, Michigan - Basic Facts

Quick & Easy Tools

The Village of Montgomery had a population of 314 as of July 1, 2022. Montgomery ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Montgomery is located at latitude 41.7773 and longitude -84.8041 in Hillsdale County. The formal boundaries for the Village of Montgomery encompass a land area of 1 sq. miles and a water area of 0 sq. miles. Hillsdale County is in the Eastern time zone (GMT -5). The elevation is 1,050 feet.

The Village of Montgomery has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Montgomery is located within Township of Camden, a minor civil division (MCD) of Hillsdale County.


Jump to... (On This Page!)
  1. Montgomery 2022 Demographic Data
  2. Growth Rates for Montgomery (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2022 Demographics
Advertisement

Montgomery, MI Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 314 (100%)
Population in Households 311 (99.0%)
Population in Families 257 (81.8%)
Population in Group Quarters1 3 ( 1.0%)
Population Density 314
Diversity Index2 15
 
 

INCOME

Median Household Income $49,344
Average Household Income $63,486
% of Income for Mortgage4 20%
Per Capita Income $22,633
Wealth Index5 42
 

HOUSING

Total HU (Housing Units) 136 (100%)
Owner Occupied HU 103 (75.7%)
Renter Occupied HU 25 (18.4%)
Vacant Housing Units 7 ( 5.1%)
Median Home Value $189,063
Average Home Value $210,922
Housing Affordability Index3 130
 

HOUSEHOLDS

Total Households 129
Average Household Size 2.41
Family Households 87
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population -1.11% -0.51%
Households -0.68% -0.47%
Families   -0.46%
Median Household Income   3.31%
Per Capita Income   3.20%
Owner Occupied HU   -0.19%

Montgomery, MI - Peer Comparisons by Rank and Percentile

The table below compares Montgomery to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 624 16th
Population Density # 607 19th
Median Household Income # 551 26th
Housing Affordability Index # 125 17th
Per Capita Income # 700 6th
Diversity Index # 645 13th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

Montgomery, MI - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Michigan Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2022, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Michigan Census Data Comparison Tool

Compare Michigan July 1, 2022 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement