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Montgomery village, MD

Population 33,798

0.6894% 1 Year Growth

Median Household Income $77,131

0.1258% 1- Year Growth

Median Property Value $297.2K

2.7591% 1-Year Growth

About

In 2018, Montgomery village, MD had a population of $33.8K people with a median age of 35.4 and a median household income of $77,131. Between 2017 and 2018 thepopulation of Montgomery village, MD grew from 33,798 to 33,565, a 0.6894% increase and its mediam household income grew from $77,034 to $77,131, a 0.1258% increase.
The 5 largest ethnic groups in Montgomery village, MD are Asian (Non-Hispanic) (0%), White (Non Hispanic) (0%). White (Hispanic (0%). Other (Hispanic) (0%), and Two+(Non-Hispanic) (0%). NaNk% of the people in Montgomery village, MD speak a non-English language, and 0.6894% are U.S. citizens.
The median property value in Montgomery village, MD is $1.07M, and the homeownership rate is 59%. Most people in Montgomery village, MD commute by Drove Alone, and the average commute time is 35.22 minutes. The average car ownership in Montgomery village, MD is 2 cars per household.

Housing & Living

The median property value in Montgomery village, MD was $297.2K in 2018, which is 4.65 times larger than the national average of $229,700. Between 2017 and 2018 the median property value increased from $994,400 to
$1.07M, a 7.48% increae. The homeownership rate in Montgomery village, MD is 59%, which is lower than the national average of 63.9%. People in Montgomery village, MD have an average commute time of 35.22 minutes, and they
commute by Drove Alone. Car ownership in Montgomery village, MD is approximately the same as the national average, with an average of 2 cars per household.

Property value

  • $297.2K 2018 median ± $77,131
  • $289,000 2017 Median ± $77,034

In 2018, the median propery value in Montgomery village, MD grew to $297.2K from the previous year's value of $289000.

The following charts display, first, the property values in Montgomery village, MD compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Montgomery village, MD the largest share of households have a property value in the N/A range.

Property Taxes

  • $7.8K AVERAGE RANGE

This chart shows the households in California distributed between a series of property tax buckets compared to the national averages for each bucket. In California the largest share of households pay taxes in the $7.8K range.

economy

In 2018, Montgomery village, MD had a population of $33.8K people with a median age of 35.4 and a median household income of $77,131. Between 2017 and 2018 thepopulation of Montgomery village, MD grew from 33,565 to 33,798, a 0.6894% increase and its mediam household income grew from $77,034 to $77,131, a 0.1258% increase.
The 5 largest ethnic groups in Montgomery village, MD are Asian (Non-Hispanic) (0%), White (Non Hispanic) (0%). White (Hispanic (0%). Other (Hispanic) (0%), and Two+(Non-Hispanic) (0%). NaNk% of the people in Montgomery village, MD speak a non-English language, and 0.6894% are U.S. citizens.
The median property value in Montgomery village, MD is $297.2K, and the homeownership rate is 59%. Most people in Montgomery village, MD commute by Drove Alone, and the average commute time is 35.22 minutes. The average car ownership in Montgomery village, MD is 2 cars per household.

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