Montgomery

Population: 1,184
Median household income: $93,750
Median home value: $226,000

Montgomery, a community in Daviess County, Indiana, has 1,184 residents. The median household income of $93,750 is above the Daviess County median ($68,561).

Between 2019 and 2023, Montgomery's population grew 45.5% from 814 to 1,184, while its median home value rose 23.6% from $182,800 to $226,000.

Owners occupy 85.5% of the area's occupied homes. The median resident is 46.1 years old.

Demographics

ACS 2019–2023

Population: 1,184
Median age: 46.1 yrs
Median household income: $93,750
Median home value: $226,000
Median gross rent: $827
Housing units: 402
Homeownership rate: 85.5%
Bachelor's degree or higher: 16.5%
Unemployment rate: 0.2%

Trends

ACS 5-year · 2019–2023

Population

8141,184

Median household income

$67,721$93,750

Median home value

$182,800$226,000

Median gross rent

$600$827

Year	Population	Median household income	Median home value	Median gross rent
2019	814	$67,721	$182,800	$600
2020	1,025	$63,500	$186,800	$668
2021	1,060	$74,583	$194,000	$675
2022	1,063	$81,364	$212,500	$775
2023	1,184	$93,750	$226,000	$827

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.7%

5 to 1718.5%

18 to 242.6%

25 to 3416.1%

35 to 449.0%

45 to 549.2%

55 to 6424.1%

65 to 7411.9%

75 and over4.9%

	Count	Share
Under 5	44	3.7%
5 to 17	219	18.5%
18 to 24	31	2.6%
25 to 34	191	16.1%
35 to 44	106	9.0%
45 to 54	109	9.2%
55 to 64	285	24.1%
65 to 74	141	11.9%
75 and over	58	4.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,152	97.3%
Black or African American	0	0.0%
American Indian & Alaska Native	4	0.3%
Asian	3	0.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	1	0.1%
Hispanic or Latino (any race)	24	2.0%

Educational attainment (age 25+)

No high school diploma8.5%

High school graduate39.4%

Some college or associate's35.5%

Bachelor's degree9.2%

Graduate or professional degree7.3%

	Count	Share
No high school diploma	76	8.5%
High school graduate	351	39.4%
Some college or associate's	316	35.5%
Bachelor's degree	82	9.2%
Graduate or professional degree	65	7.3%

Commute to work

Mean travel time to work: 22 min

Drove alone78.8%

Carpooled13.4%

Public transit0.0%

Walked0.5%

Bicycle0.0%

Worked from home6.7%

Other means0.7%

How workers get to work

	Count	Share
Drove alone	460	78.8%
Carpooled	78	13.4%
Public transit	0	0.0%
Walked	3	0.5%
Bicycle	0	0.0%
Worked from home	39	6.7%
Other means	4	0.7%

Travel time

	Count	Share
Under 15 min	204	37.4%
15 to 29 min	144	26.4%
30 to 44 min	135	24.8%
45 to 59 min	14	2.6%
60+ min	48	8.8%

Households

Average household size: 3.02
Poverty rate: 2.6% (31 of 1,173)

	Count	Share
Family households	330	84.2%
Nonfamily households	62	15.8%

Housing

Median year structure built: 1977

Occupancy

	Count	Share
Occupied	392	97.5%
Vacant	10	2.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	335	85.5%
Renter-occupied	57	14.5%

1-unit, detached93.8%

1-unit, attached1.2%

2 to 4 units3.2%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other1.7%

Units in structure

	Count	Share
1-unit, detached	377	93.8%
1-unit, attached	5	1.2%
2 to 4 units	13	3.2%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	7	1.7%

Geography

Place GEOID: 1850688
Type (LSAD): 43
Land area: 1.62 sq mi
Water area: 0.05 sq mi
Center point: 38.6648, -87.0494