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Montgomery, Michigan Demographics & Population 2026

During the 2020–2024 ACS period, Montgomery, Michigan had a total population of 301, the 623rd largest village in Michigan, with a median household income of $51,250, which is 30% lower than the state average. The poverty rate is 38.5%.

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

Key Takeaways

Montgomery Quick Facts

Population 301
Median Household Income $51,250
Median Home Value $95,000
Poverty Rate 38.5%
Unemployment Rate 3.1%
Median Age 36.5 years
Homeownership Rate 93.0%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 9.0%
High School Graduation Rate 83.4%
Diversity Index 14/100
Population 301 623rd of 745
Median Income $51,250 bottom 30%
Poverty Rate 38.5% 209% higher than national
Median Home Value $95,000 bottom 20%

How Montgomery 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
Population318301-5.3%
Median household income$54,000$51,250-5.1%
Median home value$93,100$95,000+2.0%

How Montgomery Compares

Economy & Housing

Household Income Distribution

Under $25K 33.3%
$25K-$50K 15.8%
$50K-$100K 35.1%
$100K+ 15.8%
Detailed income brackets
Under $10K
2.6%
$10K-$15K
16.7%
$15K-$20K
13.2%
$20K-$25K
0.9%
$25K-$30K
6.1%
$30K-$35K
0.9%
$35K-$40K
4.4%
$40K-$45K
1.8%
$45K-$50K
2.6%
$50K-$60K
7.0%
$60K-$75K
16.7%
$75K-$100K
11.4%
$100K-$125K
4.4%
$125K-$150K
4.4%
$150K-$200K
6.1%
$200K+
0.9%

Employment

3.1% Unemployment Rate State: 5.7%|National: 5.2%
57.3% Labor Force Participation

Housing Overview

Owner 93.0%
Renter 7.0%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $1,167/mo 27.3% of median household income annually

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

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

State average: 45 | National average: 61

Education

Montgomery Rankings in Michigan

#623 Population of 745
#547 Median Income of 732
#649 Education of 745
#646 Home Value of 730

Other Cities in Hillsdale County

CityPopulationMedian IncomePovertyHome Value
Hillsdale 8,002 $51,038 22.9% $130,900
Jonesville 2,319 $65,200 17.8% $162,900
Lake LeAnn 1,657 $89,076 4.3% $266,600
Litchfield 1,566 $53,182 11.4% $117,000
Reading 947 $49,342 24.6% $107,800
Pittsford 707 $45,833 24.5% $105,700
Camden 608 $51,250 28.6% $103,100
Waldron 603 $52,750 8.8% $83,700
North Adams 435 $52,813 12.2% $99,500
Allen 170 $66,111 10.0% $131,300

Cities Similar to Montgomery

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Big Bay306$51,953$273,10033.5%21.3%
Luther303$54,167$102,30021.3%32.3%
Gaastra296$47,708$49,20018.4%29.1%
Brethren318$52,083$152,20013.5%18.2%
Omer283$51,000$97,7005.2%7.8%

A note before these figures: with a population of 301, Montgomery's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Montgomery is a small community located in Michigan, within Hillsdale County. The total population is 301. It ranks as the 623rd most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Montgomery is 36.5 years. This is 9% lower than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Montgomery is $51,250. This is 30% lower than the state median of $72,875. It is also 37% lower than the national median of $80,734. The poverty rate stands at 38.5%. This is 191% higher than the state poverty rate of 13.2%. 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 3.1%. This is 46% lower than the state rate of 5.7%. The median home value is $95,000. Housing costs are 59% lower than the state median of $231,600. With a home-value-to-income ratio of just 1.9x, Montgomery is one of the most affordable housing markets in the area. 93.0% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 73.2%.

Race & Ethnicity

Montgomery has a predominantly White (non-Hispanic) population, comprising 92.4% of all residents. Hispanic or Latino residents account for 2.7%. The Hispanic or Latino population (2.7%) is well below the state average of 5.9%. The Asian population (0.3%) is well below the state average of 3.4%.

Education

9.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 72% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.4%.

Data Sources & Methodology

All demographic data for Montgomery, Michigan 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 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. 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, Michigan?

Montgomery, Michigan has a population of 301 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Montgomery, MI?

The median household income in Montgomery is $51,250, which is 37% lower than the national median of $80,734.

What is the poverty rate in Montgomery, MI?

The poverty rate in Montgomery is 38.5%. This means approximately 115 residents live below the federal poverty line.

What is the racial makeup of Montgomery, Michigan?

Montgomery's population is 92.4% White, 0.0% Black, 2.7% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Montgomery, MI?

The median home value in Montgomery is $95,000. The home-value-to-income ratio is 1.9x.

How educated is Montgomery, Michigan?

9.0% of adults (25+) in Montgomery hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.