Montgomery County, Missouri
Income Data
At a Glance
How Montgomery County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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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%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.