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Montgomery city, Minnesota Demographics & Population 2026

As of 2026, Montgomery city, Minnesota has a total population of 3,366, the 200th largest city in Minnesota, with a median household income of $74,018, which is 15% lower than the state average. The poverty rate is 5.9%.

Montgomery city Quick Facts

Population 3,366
Median Household Income $74,018
Median Home Value $218,900
Poverty Rate 5.9%
Unemployment Rate 3.5%
Median Age 39.1 years
Homeownership Rate 80.9%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 20.3%
High School Graduation Rate 96.4%
Diversity Index 15/100
Population 3,366 200th of 913
Median Income $74,018 above average
Poverty Rate 5.9% 53% lower national
Median Home Value $218,900 above average

How Montgomery city Compares

Economy & Housing

Employment

3.5% Unemployment Rate State: 3.9% | National: 5.2%
71.6% Labor Force Participation

Housing Overview

Owner 80.9%
Renter 19.1%
Affordability Index Affordable
3.0x home value to income ratio

People & Demographics

Diversity Index

15out 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

Montgomery city Rankings in Minnesota

#200 Population of 913
#339 Median Income of 913
#423 Education of 913
#285 Home Value of 913

Other Cities in Le Sueur County

CityPopulationMedian IncomePovertyHome Value
Le Center city 2,514 $66,864 6.8% $189,800
Waterville city 1,778 $67,721 11.6% $216,700
Cleveland city 622 $83,281 6.8% $204,200
Kasota city 602 $70,200 23.6% $171,400
Heidelberg city 221 $111,563 0.4% $293,800
Kilkenny city 92 N/A 6.5% $104,200

Cities Similar to Montgomery city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Plainview city3,501$69,800$230,60026.8%14.9%
Sleepy Eye city3,438$64,811$138,50021.0%7.7%
Moose Lake city3,297$61,576$205,00010.9%45.3%
Proctor city3,102$80,913$219,50027.9%5.3%
Breckenridge city3,369$57,344$142,00020.4%22.8%

Population Overview

Montgomery city is a small community located in Minnesota, within Le Sueur County. The total population is 3,366. It ranks as the 200th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Montgomery city is 39.1 years. This is 1% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Montgomery city is $74,018. This is 15% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 6% lower. The poverty rate stands at 5.9%. This is 36% lower than the state poverty rate of 9.2%. The unemployment rate is 3.5%. This is 12% lower than the state rate of 3.9%. The median home value is $218,900. Housing costs are 28% lower than the state median of $305,500. The home-value-to-income ratio is 3.0x. 80.9% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 72.4%.

Race & Ethnicity

Montgomery city has a predominantly White (non-Hispanic) population, comprising 91.9% of all residents. Hispanic or Latino residents account for 3.6%. The Black or African American population (0.9%) is well below the state average of 6.7%.

Education

20.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%.

Data Sources & Methodology

All demographic data for Montgomery city, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Montgomery city, Minnesota?

Montgomery city, Minnesota has a population of 3,366 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Montgomery city, MN?

The median household income in Montgomery city is $74,018, which is 6% lower the national median of $78,538.

What is the poverty rate in Montgomery city, MN?

The poverty rate in Montgomery city is 5.9%. This means approximately 194 residents live below the federal poverty line.

What is the racial makeup of Montgomery city, Minnesota?

Montgomery city's population is 91.9% White, 0.9% Black, 3.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Montgomery city, MN?

The median home value in Montgomery city is $218,900. The home-value-to-income ratio is 3.0x.

How educated is Montgomery city, Minnesota?

20.3% of adults (25+) in Montgomery city hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.