Montgomery County, New York

Income Data

-18% vs. New York average
$62,923
Median Household Income
$31,975
Per Capita Income

At a Glance

Median Household Income
$62,923
-18% vs. state avg
Per Capita Income
$31,975
-19% vs. national
Income-to-Housing Ratio
44.4%
income as % of home value
Rank in New York
#53 / 62
by median household income

How Montgomery County Compares

Montgomery County$62,923
New York Average$76,433
National Median$74,755

Detailed Income Statistics

$62,923
Median Household Income
$31,975
Per Capita Income
$141,600
Median Home Value
44.4%
Income-to-Housing Ratio

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

What is the median household income in Montgomery County, New York?
The median household income in Montgomery County, New York is $62,923, 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 $31,975, 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 $62,923.
How does Montgomery County compare to the New York average?
Montgomery County's median household income of $62,923 is lower than the New York state average of $76,433. The per capita income is $31,975, compared to the state average of $41,133.
What is the per capita income in Montgomery County, New York?
The per capita income in Montgomery County, New York is $31,975, 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.
Is Montgomery County a low-income area in New York?
Montgomery County's median household income of $62,923 is below the New York average of $76,433. The per capita income of $31,975 is also lower than the state average of $41,133. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Montgomery County rank for income in New York?
Montgomery County ranks #53 out of 62 counties in New York by median household income (1 = highest). With a median household income of $62,923 and per capita income of $31,975, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Montgomery County

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County median: $62,923 per year

vs. County Median

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vs. State Average

-18%

vs. National Median

-16%

vs. Montgomery County MedianAbout equal
vs. New York Average18% below
vs. National Median16% below

Income Adequacy

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Your monthly income ($5,244) vs. median rent ($921/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.