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The total population of Montgomery is estimated to be 1,620 with 803 males (49.57%) and 817 females (50.43%). There are 14 more females than males in Montgomery.
The median household income in Montgomery was $100,074 in 2021, which marked an a decrease of 9,186(8.41%) from $109,260 in 2020. This income is 134.14% 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 25 to 44 years old, at $119,392. Overall, the median household income for the city of Montgomery stands at $100,074.
In Montgomery, the median income for all workers aged 15 years and older, regardless of work hours, was $48,791 for males and $39,749 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $96,408 for males and $65,305 for females.
In Montgomery, there are just two different racial groups among households. Among these, White households report a median household income of $102,849, while Black or African American households have a median household income of $22,519.
In 2022, the population of Montgomery was 2,445, a 5.39% increase year-by-year from 2021. Previously, in 2021, Montgomery's population was 2,320, an increase of 15.48% compared to a population of 2,009 in 2020.
The median age in Montgomery, TX is 41.2, as per 2021 ACS 5-Year Estimates. Of the total population, 16.82% were under the age of 15, 18.18% aged 15 to 29, 42.98% aged 30 to 64, 21.40% aged 65 to 84, and 0.62% were 85 years of age and older.
Racial distribution of Montgomery population: 93.57% are White, 2.72% are Black or African American, 0.25% are American Indian and Alaska Native, 0.99% are Asian and 2.47% are multiracial.