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Montgomery village, Michigan Demographics & Population 2026

High PovertyPoverty rate of 28.5% is well above the state average
Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Montgomery village, Michigan has a total population of 318, the 615th largest city in Michigan, with a median household income of $54,000, which is 24% lower than the state average. The poverty rate is 28.5%.

Key Takeaways

Montgomery village Quick Facts

Population 318
Median Household Income $54,000
Median Home Value $93,100
Poverty Rate 28.5%
Unemployment Rate 2.7%
Median Age 35.5 years
Homeownership Rate 90.3%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 11.1%
High School Graduation Rate 87.5%
Diversity Index 17/100
Population 318 615th of 745
Median Income $54,000 below average
Poverty Rate 28.5% 129% higher national
Median Home Value $93,100 bottom 20%

How Montgomery village Compares

Economy & Housing

Employment

2.7% Unemployment Rate State: 5.8% | National: 5.2%
61.1% Labor Force Participation

Housing Overview

Owner 90.3%
Renter 9.7%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

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

State average: 44 | National average: 60

Education

Montgomery village Rankings in Michigan

#615 Population of 745
#467 Median Income of 745
#593 Education of 745
#619 Home Value of 745

Cities Similar to Montgomery village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Onekama village323N/A$182,30023.7%1.9%
Gagetown village324$51,719$76,5008.9%13.0%
Gaastra city324$57,500$61,00018.4%8.2%
Akron village312$57,500$75,5005.9%14.0%
Hersey village317$60,000$113,50016.6%7.9%

Population Overview

Montgomery village is a small community located in Michigan. The total population is 318. It ranks as the 615th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Montgomery village is 35.5 years. This is 11% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Montgomery village is $54,000. This is 24% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 31% lower. The poverty rate stands at 28.5%. This is 118% higher than the state poverty rate of 13.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.7%. This is 54% lower than the state rate of 5.8%. The median home value is $93,100. Housing costs are 57% lower than the state median of $217,600. With a home-value-to-income ratio of just 1.7x, Montgomery village is one of the most affordable housing markets in the area. 90.3% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 72.9%.

Race & Ethnicity

Montgomery village has a predominantly White (non-Hispanic) population, comprising 90.9% of all residents. Hispanic or Latino residents account for 4.7%. The Asian population (0.3%) is well below the state average of 3.3%.

Education

11.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 65% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.5%.

Data Sources & Methodology

All demographic data for Montgomery village, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Montgomery village, Michigan?

Montgomery village, Michigan has a population of 318 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Montgomery village, MI?

The median household income in Montgomery village is $54,000, which is 31% lower the national median of $78,538.

What is the poverty rate in Montgomery village, MI?

The poverty rate in Montgomery village is 28.5%. This means approximately 90 residents live below the federal poverty line.

What is the racial makeup of Montgomery village, Michigan?

Montgomery village's population is 90.9% White, 0.0% Black, 4.7% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Montgomery village, MI?

The median home value in Montgomery village is $93,100. The home-value-to-income ratio is 1.7x.

How educated is Montgomery village, Michigan?

11.1% of adults (25+) in Montgomery village hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.