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The total population of Montgomery is estimated to be 3,797 with 1,756 males (46.25%) and 2,041 females (53.75%). There are 285 more females than males in Montgomery.
The median household income in Montgomery was $101,746 in 2021, which marked an an increase of 865(0.86%) from $100,881 in 2020. This income is 136.38% 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 sees its highest median household income among householders in the age group of 45 to 64 years old, at $118,741. Overall, the median household income for the village of Montgomery stands at $101,746.
In Montgomery, the median income for all workers aged 15 years and older, regardless of work hours, was $59,761 for males and $31,920 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $84,121 for males and $54,496 for females.
In Montgomery, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $114,171, while White households have a median household income of $91,202.
In 2022, the population of Montgomery was 3,761, a 1.16% decrease year-by-year from 2021. Previously, in 2021, Montgomery's population was 3,805, an increase of 0.03% compared to a population of 3,804 in 2020.
The median age in Montgomery, NY is 37.8, as per 2021 ACS 5-Year Estimates. Of the total population, 16.70% were under the age of 15, 22.86% aged 15 to 29, 46.58% aged 30 to 64, 12.37% aged 65 to 84, and 1.49% were 85 years of age and older.
Racial distribution of Montgomery population: 71.35% are White, 13.58% are Black or African American, 0.79% are Asian, 1.36% are Native Hawaiian and other Pacific Islander, 3.20% are some other race and 9.72% are multiracial.