Montgomery County, Iowa

Income Data

-10% vs. Iowa average
$63,190
Median Household Income
$37,388
Per Capita Income

At a Glance

Median Household Income
$63,190
-10% vs. state avg
Per Capita Income
$37,388
-5% vs. national
Income-to-Housing Ratio
57.5%
income as % of home value
Rank in Iowa
#81 / 99
by median household income

How Montgomery County Compares

Montgomery County$63,190
Iowa Average$69,830
National Median$74,755

Detailed Income Statistics

$63,190
Median Household Income
$37,388
Per Capita Income
$109,900
Median Home Value
57.5%
Income-to-Housing Ratio

Data Story

About Household Income in Montgomery County, Iowa

Montgomery County income well below US median

Montgomery County's median household income of $63,190 trails the national median of $74,755 by $11,565, a significant 15% gap. This income level reflects economic challenges common to rural agricultural communities.

Among Iowa's lowest-income counties

Montgomery County ranks in the bottom tier of Iowa's 99 counties with a median household income of $63,190, nearly $6,640 below the state average of $69,830. The county faces steeper economic headwinds than most of Iowa.

Montgomery ranks as lowest in region

Montgomery County households earn $5,754 less than Mitchell County ($68,704) and $9,328 less than Monroe County ($72,518). The county's income lags virtually all surrounding areas.

Housing costs squeeze limited budgets

A 14.8% rent-to-income ratio means Montgomery County residents spend roughly $148 monthly in rent per $1,000 of income—approaching the stress threshold of 30%. Limited income combined with modest housing costs creates financial tightness.

Strategic planning matters most here

With median household income 15% below the national average, Montgomery County families must be especially intentional about financial planning. Prioritize building emergency reserves, accessing free financial counseling, and exploring all available assistance programs to create stability for future wealth-building.

Frequently Asked Questions

What is the median household income in Montgomery County, Iowa?
The median household income in Montgomery County, Iowa is $63,190, 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 $37,388, 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 $63,190.
How does Montgomery County compare to the Iowa average?
Montgomery County's median household income of $63,190 is lower than the Iowa state average of $69,830. The per capita income is $37,388, compared to the state average of $37,136.
What is the per capita income in Montgomery County, Iowa?
The per capita income in Montgomery County, Iowa is $37,388, 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 Iowa?
Montgomery County's median household income of $63,190 is below the Iowa average of $69,830. The per capita income of $37,388 is also comparable to the state average of $37,136. 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 Iowa?
Montgomery County ranks #81 out of 99 counties in Iowa by median household income (1 = highest). With a median household income of $63,190 and per capita income of $37,388, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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County median: $63,190 per year

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vs. State Average

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vs. National Median

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vs. National Median15% below

Income Adequacy

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Your monthly income ($5,266) vs. median rent ($782/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.