Montgomery County, Indiana

Income Data

-3% vs. Indiana average
$66,571
Median Household Income
$34,462
Per Capita Income

At a Glance

Median Household Income
$66,571
-3% vs. state avg
Per Capita Income
$34,462
-13% vs. national
Income-to-Housing Ratio
40.0%
income as % of home value
Rank in Indiana
#47 / 92
by median household income

How Montgomery County Compares

Montgomery County$66,571
Indiana Average$68,681
National Median$74,755

Detailed Income Statistics

$66,571
Median Household Income
$34,462
Per Capita Income
$166,300
Median Home Value
40.0%
Income-to-Housing Ratio

Data Story

About Household Income in Montgomery County, Indiana

Montgomery County income below national median

Montgomery County's median household income of $66,571 falls $8,184 short of the national median of $74,755, a 10.9% gap. This modest shortfall places the county near the national middle, with income patterns typical of small Midwestern manufacturing and agricultural communities.

Slightly below Indiana's state average

Montgomery County's $66,571 trails Indiana's state median of $68,681 by just $2,110, placing it near the state average. The county's per capita income of $34,462 aligns closely with the state average of $34,773.

Mid-range income among peers

Montgomery County's $66,571 income ranks above Marion ($63,450), Miami ($61,130), Martin ($65,345), and Monroe ($63,372), but below Marshall ($68,041), Newton ($68,596), and Morgan ($79,088). The county represents solid middle-ground earnings in the region.

Housing costs remain manageable

Montgomery County's rent-to-income ratio of 14.9% is well below the 30% affordability threshold, among the healthiest in the region. With a median home value of $166,300, homeownership is affordable for households earning the county median.

Take advantage of housing stability

Montgomery County households earning $66,571 enjoy low housing burden—just 14.9% of income—freeing resources for wealth-building. Redirect savings into employer retirement plans and consider opening a Roth IRA to compound tax-free growth over decades.

Frequently Asked Questions

What is the median household income in Montgomery County, Indiana?
The median household income in Montgomery County, Indiana is $66,571, 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 $34,462, 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 $66,571.
How does Montgomery County compare to the Indiana average?
Montgomery County's median household income of $66,571 is lower than the Indiana state average of $68,681. The per capita income is $34,462, compared to the state average of $34,773.
What is the per capita income in Montgomery County, Indiana?
The per capita income in Montgomery County, Indiana is $34,462, 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 Indiana?
Montgomery County's median household income of $66,571 is below the Indiana average of $68,681. The per capita income of $34,462 is also lower than the state average of $34,773. 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 Indiana?
Montgomery County ranks #47 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $66,571 and per capita income of $34,462, it falls in the middle 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: $66,571 per year

vs. County Median

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vs. State Average

-3%

vs. National Median

-11%

vs. Montgomery County MedianAbout equal
vs. Indiana Average3% below
vs. National Median11% below

Income Adequacy

Monthly income covers median rent6.7x

Your monthly income ($5,548) vs. median rent ($827/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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