Montgomery County, Missouri

Income Data

+3% vs. Missouri average
$61,042
Median Household Income
$29,876
Per Capita Income

At a Glance

Median Household Income
$61,042
+3% vs. state avg
Per Capita Income
$29,876
-24% vs. national
Income-to-Housing Ratio
35.6%
income as % of home value
Rank in Missouri
#42 / 115
by median household income

How Montgomery County Compares

Montgomery County$61,042
Missouri Average$59,503
National Median$74,755

Detailed Income Statistics

$61,042
Median Household Income
$29,876
Per Capita Income
$171,300
Median Home Value
35.6%
Income-to-Housing Ratio

Data Story

About Household Income in Montgomery County, Missouri

Montgomery's income moderately trails nation

Montgomery County's median household income of $61,042 falls about $13,700 short of the U.S. median of $74,755. The county performs slightly above Missouri's state average of $59,503, placing it in the middle-upper tier regionally.

Slightly above Missouri average

With a median household income of $61,042, Montgomery County exceeds Missouri's state average of $59,503 by roughly $1,500. Among the eight surveyed counties, Montgomery ranks third-highest, reflecting a solid but not exceptional local economy.

Competitive with nearby counties

Montgomery County's $61,042 income ranks third in its region, behind only Moniteau ($65,161) and Mercer ($60,357). The county outearns Miller ($55,172), Monroe ($48,299), and Mississippi ($46,258), placing it comfortably in the upper half of the cluster.

Housing remains achievable

Montgomery's 15.1% rent-to-income ratio sits in the mid-range, indicating housing costs are present but manageable. With a median home value of $171,300 and steady incomes, homeownership is accessible to disciplined savers.

Build systematic investment habits

Montgomery households have adequate income to establish automatic transfers to savings and retirement accounts. Starting with employer 401(k) matches and IRAs creates a foundation for long-term wealth accumulation and retirement security.

Frequently Asked Questions

What is the median household income in Montgomery County, Missouri?
The median household income in Montgomery County, Missouri is $61,042, 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 $29,876, 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 $61,042.
How does Montgomery County compare to the Missouri average?
Montgomery County's median household income of $61,042 is higher than the Missouri state average of $59,503. The per capita income is $29,876, compared to the state average of $31,011.
What is the per capita income in Montgomery County, Missouri?
The per capita income in Montgomery County, Missouri is $29,876, 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.
Why is Montgomery County income higher than the Missouri average?
Montgomery County's median household income of $61,042 is higher than the Missouri average of $59,503. This difference of $1,539 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Montgomery County rank for income in Missouri?
Montgomery County ranks #42 out of 115 counties in Missouri by median household income (1 = highest). With a median household income of $61,042 and per capita income of $29,876, 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: $61,042 per year

vs. County Median

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vs. State Average

+3%

vs. National Median

-18%

vs. Montgomery County MedianAbout equal
vs. Missouri Average3% above
vs. National Median18% below

Income Adequacy

Monthly income covers median rent6.6x

Your monthly income ($5,087) vs. median rent ($767/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.