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Montgomery Village, Maryland Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Montgomery Village, Maryland had a total population of 34,110, the 35th largest community in Maryland, with a median household income of $95,348, which is 8% lower than the state average. The poverty rate is 13.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Montgomery Village Quick Facts

Population 34,110
Median Household Income $95,348
Median Home Value $388,900
Poverty Rate 13.1%
Unemployment Rate 6.3%
Median Age 37.6 years
Homeownership Rate 67.5%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 42.8%
High School Graduation Rate 88.4%
Diversity Index 76/100
Population 34,110 35th of 527
Median Income $95,348 average
Poverty Rate 13.1% 5% higher than national
Median Home Value $388,900 average

How Montgomery Village Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population34,16134,110-0.1%
Median household income$96,487$95,348-1.2%
Median home value$367,100$388,900+5.9%

How Montgomery Village Compares

Economy & Housing

Household Income Distribution

Under $25K 11.4%
$25K-$50K 11.9%
$50K-$100K 28.7%
$100K+ 48.0%
Detailed income brackets
Under $10K
3.2%
$10K-$15K
4.2%
$15K-$20K
2.1%
$20K-$25K
1.8%
$25K-$30K
2.1%
$30K-$35K
2.0%
$35K-$40K
2.6%
$40K-$45K
2.7%
$45K-$50K
2.5%
$50K-$60K
7.2%
$60K-$75K
8.0%
$75K-$100K
13.4%
$100K-$125K
11.0%
$125K-$150K
7.3%
$150K-$200K
10.9%
$200K+
18.8%

Employment

6.3% Unemployment Rate State: 4.9%|National: 5.2%
70.4% Labor Force Participation

Housing Overview

Owner 67.5%
Renter 32.5%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,916/mo 24.1% of median household income annually

People & Demographics

Diversity Index

76out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 68 | National average: 61

Education

Montgomery Village Rankings in Maryland

#35 Population of 527
#261 Median Income of 463
#187 Education of 527
#223 Home Value of 471

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Germantown 90,719 $117,546 8.8% $422,400
Silver Spring 81,462 $99,860 10.6% $643,300
Gaithersburg 69,825 $112,467 8.8% $496,500
Bethesda 69,397 $192,237 4.3% $1,169,900
Rockville 67,671 $128,649 7.6% $682,300
Aspen Hill 53,279 $111,575 9.7% $570,000
Wheaton 52,926 $111,478 13.1% $501,200
North Bethesda 49,677 $129,092 5.2% $731,800
Potomac 45,902 $236,675 3.9% $1,157,000
Olney 35,797 $171,458 4.3% $656,600

Cities Similar to Montgomery Village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pikesville33,524$98,465$434,50060.0%7.8%
Owings Mills37,245$96,243$361,00047.1%5.6%
Randallstown35,957$85,735$327,20035.9%9.2%
Chillum34,871$79,864$393,60022.6%12.4%
Pasadena34,309$129,727$423,40038.2%5.7%

Population Overview

Montgomery Village is a mid-sized community located in Maryland, within Montgomery County. The total population is 34,110. It ranks as the 35th most populous out of 527 Census-designated places in Maryland.

Age Demographics

The median age in Montgomery Village is 37.6 years. This is 5% lower than the state median of 39.4 years.

Economy, Income & Housing

The median household income in Montgomery Village is $95,348. This is 8% lower than the state median of $103,678. It is also 18% higher than the national median of $80,734. The poverty rate stands at 13.1%. This is 39% higher than the state poverty rate of 9.4%. The unemployment rate is 6.3%. This is 29% higher than the state rate of 4.9%. The median home value is $388,900. Housing costs are 7% lower than the state median of $419,900. The home-value-to-income ratio is 4.1x. 67.5% of occupied housing units are owner-occupied.

Race & Ethnicity

Montgomery Village is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 23.5%. The Hispanic or Latino population is significantly higher than the state average (32.5% vs 12.5%). The Asian population is significantly higher than the state average (14.2% vs 6.5%).

Education

42.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 1% lower than the state rate of 43.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.4%. Notably, 20.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Montgomery Village, Maryland is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Maryland state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 527 Census-designated places in Maryland. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Montgomery Village, Maryland?

Montgomery Village, Maryland has a population of 34,110 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Montgomery Village, MD?

The median household income in Montgomery Village is $95,348, which is 18% higher than the national median of $80,734.

What is the poverty rate in Montgomery Village, MD?

The poverty rate in Montgomery Village is 13.1%. This means approximately 4,449 residents live below the federal poverty line.

What is the racial makeup of Montgomery Village, Maryland?

Montgomery Village's population is 23.5% White, 23.2% Black, 32.5% Hispanic/Latino, and 14.2% Asian.

What is the median home value in Montgomery Village, MD?

The median home value in Montgomery Village is $388,900. The home-value-to-income ratio is 4.1x.

How educated is Montgomery Village, Maryland?

42.8% of adults (25+) in Montgomery Village hold a bachelor's degree or higher, and 20.1% hold a graduate or professional degree.