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Montgomery County

Learn about the people, housing, costs and businesses in Montgomery County County

Median Home$173,948
Median Rent$858/month
Population38,312
Leading IndustryRetail25% of local workforce
Home Value Growth⬆⬆+14.3% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners80% of occupied units
NotableTransit69/100 · excellent transit access
Montgomery County
IN

Frequently Asked Questions

What are today's mortgage rates in Montgomery County?

As of today, the 30-year fixed mortgage rate for Montgomery County is approximately 7.075% (7.107% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Montgomery County
What is the median home price in Montgomery County?

The median home value in Montgomery County is $174k. The median monthly rent is $858. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montgomery County?

Home values in Montgomery County have increased 14.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Montgomery County?

Based on a typical all-in ownership cost of $946/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Montgomery County is $74k/year.

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What industries drive the economy in Montgomery County?

The largest employment sectors in Montgomery County are retail (25%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas