Montgomery Village, MD
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Montgomery Village, Maryland Summary

Life in Montgomery Village research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Montgomery Village over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Montgomery Village:

  • The population in Montgomery Village is 34,748.

  • The median home value in Montgomery Village is $363,156.

  • The median income in Montgomery Village is $91,703.

  • The cost of living in Montgomery Village is 120 which is 1.2x higher than the national average.

  • The median rent in Montgomery Village is $1,814.

  • The unemployment rate in Montgomery Village is 6.7%.

  • The poverty rate in Montgomery Village is 10.4%.

  • The average high in Montgomery Village is 65.0° and the average low is 44.8°.

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Montgomery Village SnackAbility

7
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
5
Diversity
10
Safety
N/A
Amenities
9.5
Education
8
Commute
3
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Montgomery Village, MD Cost Of Living

Cost of living in Montgomery Village summary. We use data on the cost of living to determine how expensive it is to live in Montgomery Village. Real estate prices drive most of the variance in cost of living around Maryland. Key points include:

  • The cost of living in Montgomery Village is 120 with 100 being average.

  • The cost of living in Montgomery Village is 1.2x higher than the national average.

  • The median home value in Montgomery Village is $363,156.

  • The median income in Montgomery Village is $91,703.

120
Montgomery Village's Overall Cost Of Living
1.2x
Higher Than The National Average

Cost Of Living In Montgomery Village Comparison Table

Living Expense Montgomery Village Maryland National Average
Overall 120 120 100
Services 111 109 100
Groceries 107 108 100
Health 84 92 100
Housing 150 156 100
Transportation 106 100 100
Utilities 110 108 100

Montgomery Village, MD Weather

  • The average high in Montgomery Village is 65.0° and the average low is 44.8°.

  • There are 77.0 days of precipitation each year.

  • Expect an average of 42.6 inches of precipitation each year with 25.1 inches of snow.

StatMontgomery Village
Average Annual High65.0
Average Annual Low44.8
Annual Precipitation Days77.0
Average Annual Precipitation42.6
Average Annual Snowfall25.1
65.0°
Average High
77.0°
Days of Rain

Rankings for Montgomery Village in Maryland

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Map Of Montgomery Village, MD

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Montgomery Village Demographics And Statistics

Population over time in Montgomery Village

The current population in Montgomery Village is 34,748. The population has increased 9.6% from 2010.

Year Population % Change
2022 34,748 2.8%
2021 33,798 0.7%
2020 33,565 1.4%
2019 33,091 -0.7%
2018 33,337 0.9%
2017 33,027 0.3%
2016 32,926 1.4%
2015 32,458 0.5%
2014 32,311 1.9%
2013 31,714 -

Race / Ethnicity in Montgomery Village

White
24.7% (8,567)
African American
22.4% (7,796)
American Indian
0.1% (46)
Asian
13.0% (4,533)
Hawaiian
0.0% (0)
Other
0.8% (262)
Two Or More
4.2% (1,466)
Hispanic
34.8% (12,078)

Montgomery Village is:

  • 24.7% White with 8,567 White residents.

  • 22.4% African American with 7,796 African American residents.

  • 0.1% American Indian with 46 American Indian residents.

  • 13.0% Asian with 4,533 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.8% Other with 262 Other residents.

  • 4.2% Two Or More with 1,466 Two Or More residents.

  • 34.8% Hispanic with 12,078 Hispanic residents.

Race Montgomery Village MD USA
White 24.7% 48.5% 58.9%
African American 22.4% 29.5% 12.1%
American Indian 0.1% 0.1% 0.6%
Asian 13.0% 6.4% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.8% 0.5% 0.4%
Two Or More 4.2% 4.0% 3.5%
Hispanic 34.8% 10.9% 18.7%

Gender in Montgomery Village

Female
49.4% (17,174)
Male
50.6% (17,574)
  • Montgomery Village is 49.4% female with 17,174 female residents.

  • Montgomery Village is 50.6% male with 17,574 male residents.

Gender Montgomery Village MD USA
Female 49.4% 51.3% 50.4%
Male 50.6% 48.7% 49.6%

Highest level of educational attainment in Montgomery Village for adults over 25

  • 7.0% of adults in Montgomery Village completed < 9th grade.

  • 5.0% of adults in Montgomery Village completed 9-12th grade.

  • 20.0% of adults in Montgomery Village completed high school / ged.

  • 18.0% of adults in Montgomery Village completed some college.

  • 7.0% of adults in Montgomery Village completed associate's degree.

  • 23.0% of adults in Montgomery Village completed bachelor's degree.

  • 14.0% of adults in Montgomery Village completed master's degree.

  • 3.0% of adults in Montgomery Village completed professional degree.

  • 3.0% of adults in Montgomery Village completed doctorate degree.

< 9th Grade
7.0% (2,432)
9-12th Grade
5.0% (1,737)
High School / GED
20.0% (6,949)
Some College
18.0% (6,254)
Associate's Degree
7.0% (2,432)
Bachelor's Degree
23.0% (7,992)
Master's Degree
14.0% (4,864)
Professional Degree
3.0% (1,042)
Doctorate Degree
3.0% (1,042)
Education Montgomery Village MD USA
< 9th Grade 7.0% 4.0% 4.0%
9-12th Grade 5.0% 5.0% 6.0%
High School / GED 20.0% 24.0% 26.0%
Some College 18.0% 18.0% 20.0%
Associate's Degree 7.0% 7.0% 9.0%
Bachelor's Degree 23.0% 22.0% 21.0%
Master's Degree 14.0% 14.0% 10.0%
Professional Degree 3.0% 3.0% 2.0%
Doctorate Degree 3.0% 3.0% 2.0%

Household Income For Montgomery Village, Maryland

  • 3.6% of households in Montgomery Village earn Less than $10,000.

  • 3.3% of households in Montgomery Village earn $10,000 to $14,999.

  • 3.7% of households in Montgomery Village earn $15,000 to $24,999.

  • 5.6% of households in Montgomery Village earn $25,000 to $34,999.

  • 10.1% of households in Montgomery Village earn $35,000 to $49,999.

  • 14.3% of households in Montgomery Village earn $50,000 to $74,999.

  • 13.3% of households in Montgomery Village earn $75,000 to $99,999.

  • 19.1% of households in Montgomery Village earn $100,000 to $149,999.

  • 10.3% of households in Montgomery Village earn $150,000 to $199,999.

  • 16.7% of households in Montgomery Village earn $200,000 or more.

Less than $10,000
3.6% (126,595)
$10,000 to $14,999
3.3% (115,425)
$15,000 to $24,999
3.7% (127,168)
$25,000 to $34,999
5.6% (193,044)
$35,000 to $49,999
10.1% (352,291)
$50,000 to $74,999
14.3% (496,645)
$75,000 to $99,999
13.3% (463,421)
$100,000 to $149,999
19.1% (663,912)
$150,000 to $199,999
10.3% (357,160)
$200,000 or more
16.7% (579,133)
Income Montgomery Village MD USA
Less than $10,000 3.6% 4.2% 4.9%
$10,000 to $14,999 3.3% 2.6% 3.8%
$15,000 to $24,999 3.7% 4.8% 7.0%
$25,000 to $34,999 5.6% 5.2% 7.4%
$35,000 to $49,999 10.1% 8.1% 10.7%
$50,000 to $74,999 14.3% 13.6% 16.1%
$75,000 to $99,999 13.3% 12.3% 12.8%
$100,000 to $149,999 19.1% 19.3% 17.1%
$150,000 to $199,999 10.3% 12.1% 8.8%
$200,000 or more 16.7% 17.9% 11.4%

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