Montgomery County, Kentucky
Income Data
At a Glance
How Montgomery County Compares
Detailed Income Statistics
Data Story
About Household Income in Montgomery County, Kentucky
Montgomery trails national median
Montgomery County's median household income of $57,468 falls $17,287 short of the U.S. median of $74,755—a 23% gap. While below the national average, Montgomery's income level indicates a working economy with moderate stability, though significant room for improvement.
Montgomery slightly above state average
At $57,468, Montgomery County's median household income exceeds the Kentucky state median of $55,909 by $1,559. This modest 3% advantage shows Montgomery residents earn roughly in line with typical Kentuckians, reflecting an average county economy without pronounced strength or weakness.
Montgomery in the middle pack
Montgomery County's $57,468 median household income sits between wealthier Mercer County ($63,115) to the east and lower-income Morgan County ($47,493) to the north. The county's position reflects moderate economic conditions compared to more prosperous and more struggling neighbors.
Housing costs require attention
Montgomery County's rent-to-income ratio of 16.6% is elevated but manageable, consuming a notable share of household earnings. The median home value of $163,800 is moderate for the region, though renters and homebuyers should budget carefully given limited household income margins.
Montgomery can build gradually
Montgomery County residents should establish steady savings habits and take full advantage of employer retirement plans. Consider lower-cost index funds and long-term investment strategies to turn consistent earnings into meaningful wealth accumulation over time.
Frequently Asked Questions
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Your income is above the Montgomery County median
County median: $57,468 per year
vs. County Median
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vs. State Average
+3%
vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.