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Montgomery County, Indiana Demographics 2026

Montgomery County, Indiana has a population of 38,155, the 39th most populous county in Indiana. The median household income is $66,571 and the median home value is $166,300. The poverty rate is 11.9%.

Montgomery County Quick Facts

Population 38,155
Median Household Income $66,571
Median Home Value $166,300
Poverty Rate 11.9%
Unemployment Rate 3.8%
Median Age 40.0 years
Homeownership Rate 77.8%
Affordability Ratio 2.5x
Bachelor's Degree+ 19.5%
High School Graduation 88.9%
Cities/Places 0
Population 38,155 39th of 92
Median Income $66,571 5% lower state
Poverty Rate 11.9%
Unemployment 3.8%

Economy & Housing

Employment

3.8% Unemployment Rate State: 4.3% | National: 5.2%
63.3% Labor Force Participation

Housing Overview

Owner 77.8%
Renter 22.2%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Population Overview

Montgomery County is located in Indiana with a total population of 38,155. It is the 39th most populous county out of 92 in Indiana.

Age Demographics

The median age in Montgomery County is 40.0 years. This is 5% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Montgomery County is $66,571. This is 5% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 15% lower. The poverty rate stands at 11.9%. This is 2% lower than the state poverty rate of 12.2%. The unemployment rate is 3.8%. This is 11% lower than the state rate of 4.3%. The median home value is $166,300. Housing costs are 18% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.5x, Montgomery County is one of the most affordable housing markets in the area. 77.8% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 70.3%.

Race & Ethnicity

Montgomery County has a predominantly White (non-Hispanic) population, comprising 89.1% of all residents. Hispanic or Latino residents account for 6.1%. The Black or African American population (0.5%) is well below the state average of 9.1%. The Asian population (0.5%) is well below the state average of 2.5%.

Education

19.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.9%.

Frequently Asked Questions

What is the population of Montgomery County, Indiana?

Montgomery County has a population of 38,155, making it the 39th most populous county in Indiana.

What is the median income in Montgomery County?

The median household income in Montgomery County is $66,571 with a poverty rate of 11.9%.

How many cities are in Montgomery County, Indiana?

Montgomery County contains 0 Census-designated places.