Montgomery County, Maryland
Income Data
At a Glance
How Montgomery County Compares
Detailed Income Statistics
Data Story
About Household Income in Montgomery County, Maryland
Montgomery County earns 72% above U.S. average
Montgomery County's median household income of $128,733 towers 72% above the national median of $74,755, reflecting one of America's wealthiest suburban counties. Federal employment, biotech research, and professional services generate exceptional earning power.
Second-richest county in Maryland
Montgomery County ranks second in Maryland only to Howard County, with a median household income of $128,733 significantly above the statewide average of $94,152. The county's proximity to Washington, D.C., and concentration of high-wage sectors drive this dominance.
Wealthier than all but one Maryland peer
Montgomery County's $128,733 median household income trails only Howard County ($146,982) among Maryland jurisdictions, exceeding Frederick County ($120,458) and Charles County ($120,592). Its Washington, D.C., edge creates unmatched federal employment access.
Steep housing costs challenge households
Montgomery County's median home value of $615,200 and rent-to-income ratio of 18.9% reflect an exceptionally expensive housing market. While county incomes support homeownership, many households must allocate substantial shares of earnings to housing.
Strategic wealth diversification essential
Montgomery County's high earners should look beyond residential real estate to diversify wealth through stocks, bonds, and alternative investments. Work with financial professionals to optimize tax efficiency and build assets beyond the primary residence.
Frequently Asked Questions
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County median: $128,733 per year
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vs. State Average
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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.