Montgomery

Population: 3,366
Median household income: $74,018
Median home value: $218,900

Located in Le Sueur County, Minnesota, Montgomery is a community with a population of 3,366. The median household income of $74,018 is below the Le Sueur County median ($90,218).

Between 2019 and 2023, Montgomery's population grew 13.1% from 2,977 to 3,366, while its median home value rose 44.4% from $151,600 to $218,900.

Owners occupy 80.9% of the area's occupied homes. The median resident is 39.1 years old.

Demographics

ACS 2019–2023

Population: 3,366
Median age: 39.1 yrs
Median household income: $74,018
Median home value: $218,900
Median gross rent: $896
Housing units: 1,467
Homeownership rate: 80.9%
Bachelor's degree or higher: 20.3%
Unemployment rate: 3.5%

Trends

ACS 5-year · 2019–2023

Population

2,9773,366

Median household income

$55,337$74,018

Median home value

$151,600$218,900

Median gross rent

$909$896

Year	Population	Median household income	Median home value	Median gross rent
2019	2,977	$55,337	$151,600	$909
2020	3,008	$56,042	$175,300	$864
2021	3,237	$58,176	$177,800	$954
2022	3,326	$61,677	$206,300	$1,044
2023	3,366	$74,018	$218,900	$896

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

Age distribution

Under 54.6%

5 to 1720.3%

18 to 247.2%

25 to 3413.8%

35 to 4415.7%

45 to 547.3%

55 to 6412.1%

65 to 7412.3%

75 and over6.7%

	Count	Share
Under 5	155	4.6%
5 to 17	682	20.3%
18 to 24	243	7.2%
25 to 34	463	13.8%
35 to 44	529	15.7%
45 to 54	247	7.3%
55 to 64	406	12.1%
65 to 74	414	12.3%
75 and over	227	6.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,093	91.9%
Black or African American	32	1.0%
American Indian & Alaska Native	36	1.1%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	28	0.8%
Two or more races	56	1.7%
Hispanic or Latino (any race)	121	3.6%

Educational attainment (age 25+)

No high school diploma3.6%

High school graduate35.9%

Some college or associate's40.2%

Bachelor's degree15.4%

Graduate or professional degree5.0%

	Count	Share
No high school diploma	82	3.6%
High school graduate	821	35.9%
Some college or associate's	918	40.2%
Bachelor's degree	351	15.4%
Graduate or professional degree	114	5.0%

Commute to work

Mean travel time to work: 23 min

Drove alone72.5%

Carpooled4.4%

Public transit0.0%

Walked8.8%

Bicycle0.0%

Worked from home13.7%

Other means0.7%

How workers get to work

	Count	Share
Drove alone	1,297	72.5%
Carpooled	78	4.4%
Public transit	0	0.0%
Walked	158	8.8%
Bicycle	0	0.0%
Worked from home	245	13.7%
Other means	12	0.7%

Travel time

	Count	Share
Under 15 min	609	39.4%
15 to 29 min	293	19.0%
30 to 44 min	396	25.6%
45 to 59 min	204	13.2%
60+ min	43	2.8%

Households

Average household size: 2.29
Poverty rate: 5.8% (194 of 3,318)

	Count	Share
Family households	868	62.0%
Nonfamily households	531	38.0%

Housing

Median year structure built: 1963

Occupancy

	Count	Share
Occupied	1,399	95.4%
Vacant	68	4.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,132	80.9%
Renter-occupied	267	19.1%

1-unit, detached74.6%

1-unit, attached9.7%

2 to 4 units7.2%

5 to 19 units2.2%

20 or more units4.0%

Mobile home & other2.4%

Units in structure

	Count	Share
1-unit, detached	1,094	74.6%
1-unit, attached	142	9.7%
2 to 4 units	106	7.2%
5 to 19 units	32	2.2%
20 or more units	58	4.0%
Mobile home & other	35	2.4%

Geography

Place GEOID: 2743738
Type (LSAD): 25
Land area: 2.51 sq mi
Water area: 0 sq mi
Center point: 44.4451, -93.5798