Montgomery County, New York
Income Data
At a Glance
How Montgomery County Compares
Detailed Income Statistics
Data Story
About Household Income in Montgomery County, New York
Montgomery County significantly lags nationally
Montgomery County's median household income of $62,923 falls $11,832 short of the national median of $74,755—a 15.8% gap that marks it as one of the nation's lower-earning counties. This reflects limited job diversity and population decline in this Hudson Valley region.
Among New York's poorest counties
At $62,923, Montgomery County ranks in the bottom quartile of New York's 62 counties, lagging the state average of $76,433 by $13,510. The county struggles with manufacturing losses and limited connection to higher-wage metros.
Struggling within the region
Montgomery County's $62,923 trails every surveyed neighbor, falling $5,406 below Lewis County ($68,329) and $9,230 below Madison County ($73,141). Isolation from major job centers and economic decline distinguish Montgomery from stronger regional peers.
Housing costs bite harder here
Montgomery County's rent-to-income ratio of 17.6% approaches the affordability danger zone, and median home values of $141,600 remain a stretch for families earning the county median. Housing absorbs a larger share of income, leaving less for savings and emergencies.
Prioritize financial resilience
Montgomery County families face tighter budgets than most New Yorkers, making financial planning essential—start with a robust emergency fund covering 6 months of expenses. Consider education and skill-building investments to access higher-wage work in nearby metros, and seek out employer retirement programs to build 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: $62,923 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.