IncomeBy County

Montgomery County, Virginia

Income Data

-6% vs. Virginia average
$70,769
Median Household Income
$36,009
Per Capita Income

At a Glance

Median Household Income
$70,769
-6% vs. state avg
Per Capita Income
$36,009
-9% vs. national
Income-to-Housing Ratio
25.0%
income as % of home value
Rank in Virginia
#55 / 133
by median household income

How Montgomery County Compares

Montgomery County$70,769
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$70,769
Median Household Income
$36,009
Per Capita Income
$283,600
Median Home Value
25.0%
Income-to-Housing Ratio

Data Story

About Household Income in Montgomery County, Virginia

Montgomery falls short nationally

Montgomery County's median household income of $70,769 trails the national median of $74,755 by $3,986, placing it in the lower-middle tier of U.S. counties. Despite the gap, the county's per capita income of $36,009 suggests income is distributed across a broad population base.

Below Virginia's income standard

Montgomery's $70,769 median falls $4,188 short of Virginia's average of $74,957, ranking it in the lower-middle quartile among the state's jurisdictions. This gap signals Montgomery households earn notably less than the typical Virginia resident.

Trailing similar rural and small counties

Montgomery's $70,769 income ranks below Middlesex ($74,154) and Northumberland ($69,500), though it edges Nelson County slightly. The county sits in the middle band of its regional peer group, neither prosperous nor economically distressed.

Housing costs edge higher here

A rent-to-income ratio of 20.4% means housing takes up one-fifth of median earnings—approaching the affordability threshold. With a median home value of $283,600, many Montgomery households must budget tightly to own a home while maintaining other financial goals.

Strategic saving matters in Montgomery

Moderate incomes and higher housing costs create urgency for budgeting discipline and long-term planning in Montgomery households. Focus on reducing high-interest debt, building an emergency fund, and taking advantage of any employer retirement matching to create financial stability.

Frequently Asked Questions

What is the median household income in Montgomery County, Virginia?
The median household income in Montgomery County, Virginia is $70,769, 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 $36,009, 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 $70,769.
How does Montgomery County compare to the Virginia average?
Montgomery County's median household income of $70,769 is lower than the Virginia state average of $74,957. The per capita income is $36,009, compared to the state average of $39,155.
What is the per capita income in Montgomery County, Virginia?
The per capita income in Montgomery County, Virginia is $36,009, 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 Virginia?
Montgomery County's median household income of $70,769 is below the Virginia average of $74,957. The per capita income of $36,009 is also lower than the state average of $39,155. 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 Virginia?
Montgomery County ranks #55 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $70,769 and per capita income of $36,009, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Montgomery County

$
1.00x

Your income is above the Montgomery County median

County median: $70,769 per year

vs. County Median

+0%

vs. State Average

-6%

vs. National Median

-5%

vs. Montgomery County MedianAbout equal
vs. Virginia Average▼ 6% below
vs. National Median▼ 5% below

Income Adequacy

Monthly income covers median rent4.9x

Your monthly income ($5,897) vs. median rent ($1,206/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Montgomery County, Virginia? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

WealthfrontBetterment
Start Investing

Counties with Similar Income Levels

Pennington County
South Dakota
$70,768
+0%
Livingston County
Illinois
$70,796
+0%
Hamilton County
Ohio
$70,816
+0%
Hettinger County
North Dakota
$70,827
+0%
Marshall County
Kansas
$70,828
+0%
Marshall County
Tennessee
$70,829
+0%
Sponsored

Compare Financial Products in Virginia

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

Explore more data for this county

Property TaxCost of LivingCrime RateHealthSchoolsRiskWaterWeatherCounty Score