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The total population of Montgomery City is estimated to be 2,817 with 1,324 males (47.00%) and 1,493 females (53.00%). There are 169 more females than males in Montgomery City.
The median household income in Montgomery City was $48,272 in 2021, which marked an a decrease of 170(0.35%) from $48,442 in 2020. This income is 64.70% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Montgomery City sees its highest median household income among householders in the age group of 45 to 64 years old, at $74,212. Overall, the median household income for the city of Montgomery City stands at $48,272.
In Montgomery City, the median income for all workers aged 15 years and older, regardless of work hours, was $44,210 for males and $24,468 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,029 for males and $37,651 for females.
In Montgomery City, population is primarily represented by White households, reporting a median income of $54,217.
In 2022, the population of Montgomery City was 2,822, a 0.18% decrease year-by-year from 2021. Previously, in 2021, Montgomery City's population was 2,827, an increase of 0.68% compared to a population of 2,808 in 2020.
The median age in Montgomery City, MO is 36.4, as per 2021 ACS 5-Year Estimates. Of the total population, 21.56% were under the age of 15, 20.42% aged 15 to 29, 43.84% aged 30 to 64, 12.57% aged 65 to 84, and 1.61% were 85 years of age and older.
Racial distribution of Montgomery City population: 87.93% are White, 4.53% are Black or African American, 1.29% are American Indian and Alaska Native, 0.29% are Asian, 2.21% are some other race and 3.75% are multiracial.