IncomeBy County

Montgomery County, Illinois

Income Data

U.S. Census Bureau ACS
-10% vs. Illinois average
$61,863
Median Household Income
$32,463
Per Capita Income

At a Glance

Median Household Income
$61,863
-10% vs. state avg
Per Capita Income
$32,463
-18% vs. national
Income-to-Housing Ratio
60.5%
income as % of home value
Rank in Illinois
#70 / 102
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Montgomery County Compares

Montgomery County$61,863
Illinois Average$68,580
National Median$74,755

Detailed Income Statistics

$61,863
Median Household Income
$32,463
Per Capita Income
$102,200
Median Home Value
60.5%
Income-to-Housing Ratio

Income Advisory: Montgomery County

Income Verdict

Montgomery County has a median household income of $61,863 and per capita income of $32,463 — a gap of $29,400, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $715/month and a median household income of $61,863, rent consumes approximately 13.9% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $61,863, residents of Montgomery County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $32,463 is in line with national norms for individual earners.

Neighbor Context

Montgomery County earns approximately 9.8% below the Illinois state median household income of $68,580.

Data Story

About Household Income in Montgomery County, Illinois

Montgomery faces income challenges

Montgomery County's median household income of $61,863 trails the national median of $74,755 by $12,892, or 17.2%. This significant gap reflects lower earning power compared to the typical American household.

Below Illinois state average

At $61,863, Montgomery County falls $6,717 short of Illinois's state average of $68,580, a deficit of 9.8%. The county ranks among Illinois's lower-income regions.

Montgomery trails most peer counties

Montgomery's $61,863 is the lowest income among the eight counties, falling well below Morgan County ($65,175), Moultrie County ($71,676), and significantly behind Monroe County ($101,635). Only concentrated effort on economic development can narrow this gap.

Housing costs press Montgomery budgets

Montgomery's 13.9% rent-to-income ratio is the highest in the county cluster, signaling moderate cost burden. With lower median income and modest median home values of $102,200, households have limited cushion for unexpected expenses.

Every dollar counts for Montgomery families

Lower incomes make disciplined budgeting essential for Montgomery households. Prioritize building small emergency savings first, then explore employer-sponsored retirement plans and low-cost investment options to begin wealth accumulation.

Frequently Asked Questions

What is the median household income in Montgomery County, Illinois?
The median household income in Montgomery County, Illinois is $61,863, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Montgomery County?
The per capita income in Montgomery County is $32,463, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $61,863.
How does Montgomery County compare to the Illinois average?
Montgomery County's median household income of $61,863 is lower than the Illinois state average of $68,580. The per capita income is $32,463, compared to the state average of $36,009.
What is the per capita income in Montgomery County, Illinois?
The per capita income in Montgomery County, Illinois is $32,463, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Montgomery County a low-income area in Illinois?
Montgomery County's median household income of $61,863 is below the Illinois average of $68,580. The per capita income of $32,463 is also lower than the state average of $36,009. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Montgomery County rank for income in Illinois?
Montgomery County ranks #70 out of 102 counties in Illinois by median household income (1 = highest). With a median household income of $61,863 and per capita income of $32,463, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Montgomery County

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Your income is above the Montgomery County median

County median: $61,863 per year

vs. County Median

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vs. State Average

-10%

vs. National Median

-17%

vs. Montgomery County MedianAbout equal
vs. Illinois Average▼ 10% below
vs. National Median▼ 17% below

Income Adequacy

Monthly income covers median rent7.2x

Your monthly income ($5,155) vs. median rent ($715/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

Missaukee County
Michigan
$61,868
+0%
Union County
Tennessee
$61,858
+0%
Taylor County
Kentucky
$61,871
+0%
Chilton County
Alabama
$61,873
+0%
Kidder County
North Dakota
$61,850
+0%
Creek County
Oklahoma
$61,849
+0%
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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