Area type of a place is calculated based on population density, home ownership, and proximity to various amenties
Montgomery, MN
Affordable
For Buying Home
About Montgomery
Montgomery is a suburb in the Minneapolis Metro Area and in the Le Sueur County. It has a population of 3,008 and a population density of 1,175, which is 92% above the national average. It has a median age of 39, which is 2 years above the Minneapolis Metro median age and 1 year above the national average.
Montgomery has a median home value of $250,500, which is 34% below the Metro average.The average rent of $1,802 is 8% above the metro average rent and 41% above the national average rent, making it one of the most affordable places to live in Minneapolis. The average household income in Montgomery is $56,042 , which is 32% below the Metro average household income and 14% below the national average of household income.
The average school rating in Montgomery is 5. Montgomery also has a crime index 49 that is below the Metro average and below the National average.
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Montgomery Zip Code
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Demographics
Montgomery's population is made up of 49% married, 34% single, 13% divorced and 4% widowed. Baby Boomers make up the largest percentage of the population at 30%, while Millennials have the second largest segment at 27%. Homeowners make up 78% of the population in Montgomery.
- 48% Male
- 52% Female
Employment
The Per Capita income in Montgomery is $29,427. The Median Household Income is $58,176 and the Montgomery Unemployment Rate is 2%.