Montgomery County, North Carolina
Income Data
At a Glance
How Montgomery County Compares
Detailed Income Statistics
Data Story
About Household Income in Montgomery County, North Carolina
Montgomery County falls short nationally
Montgomery County's median household income of $55,849 falls $18,906 short of the U.S. median of $74,755, ranking it among lower-income American counties. The 25% income gap reflects the county's rural character and limited economic diversification.
Below-average earnings within North Carolina
Montgomery County's $55,849 median household income ranks below North Carolina's state average of $61,072 by $5,223, placing it in the lower third of the state's counties. Per capita income of $30,192 is also below state average, indicating constrained individual earning potential.
Struggles among nearby counties
Montgomery County earns $55,849, trailing nearby Mitchell County ($58,089) and Madison County ($58,628) while slightly outpacing McDowell County ($55,527). The county's weak income reflects limited job diversity and rural isolation.
Affordable housing supports families
Montgomery County's 16.2% rent-to-income ratio demonstrates solid housing affordability, staying well below the 30% threshold for sustainable costs. The median home value of $150,300 is among the lowest profiled, offering strong housing security despite modest incomes.
Build wealth through disciplined saving
Montgomery County households earning $55,849 should prioritize an emergency fund and automated savings plans to ensure financial stability. Even small monthly investments in retirement or index funds, enabled by low housing costs, can build meaningful long-term wealth.
Frequently Asked Questions
What is the median household income in Montgomery County, North Carolina?
How much do people earn in Montgomery County?
How does Montgomery County compare to the North Carolina average?
What is the per capita income in Montgomery County, North Carolina?
Is Montgomery County a low-income area in North Carolina?
How does Montgomery County rank for income in North Carolina?
Income Comparison Calculator
See how your household income compares in Montgomery County
Your income is above the Montgomery County median
County median: $55,849 per year
vs. County Median
+0%
vs. State Average
-9%
vs. National Median
-25%
Income Adequacy
Your monthly income ($4,654) vs. median rent ($753/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Montgomery County, North Carolina? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in North Carolina
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.