Montgomery village, Illinois Demographics & Population 2026

Population Overview

Montgomery village is a small city located in Illinois. The total population is 21,205. It ranks as the 113th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Montgomery village is 35.1 years. This is 10% lower than the state median of 38.9 years. With 29.9% of the population under 18, Montgomery village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Montgomery village is $96,985. This is 19% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 23% higher. The poverty rate stands at 8.8%. This is 25% lower than the state poverty rate of 11.7%. The unemployment rate is 3.6%. This is 38% lower than the state rate of 5.8%. The median home value is $270,700. Housing costs are 8% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.8x, Montgomery village is one of the most affordable housing markets in the area. 78.2% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Montgomery village is White (non-Hispanic), making up 57.5% of the population. Hispanic or Latino residents account for 30.3%. The Hispanic or Latino population is significantly higher than the state average (30.3% vs 18.5%). The Asian population (1.6%) is well below the state average of 5.8%.

Education

29.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 22% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.

Data Sources & Methodology

All demographic data for Montgomery village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.