Montgomery County, GA

Comprehensive housing, income, and cost of living data for Montgomery County, Georgia. Population: 8.7K.

Median Home Price
$131.9K

Based on 3 cities

Median Household Income
$51.2K

Annual household income

Price-to-Income Ratio
2.6x

Highly affordable

Salary Needed to Buy
$35.0K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,140

Average annual amount

Effective Tax Rate
0.86%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$667
Property Tax$95.00
Insurance$54.94
Total Monthly$817
Historical Home Prices
2015
$98.2K
2016
$100.0K
+1.8%%
2017
$108.7K
+8.6%%
2018
$111.1K
+2.2%%
2019
$117.2K
+5.5%%
2020
$132.9K
+13.4%%
2021
$152.1K
+14.4%%
2022
$157.3K
+3.4%%
2023
$168.1K
+6.9%%
2024
$168.1K
-0.0%%
2025
$161.3K
-4.1%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.6%%

Below national average

Population Density
36

People per square mile

Homicide Rate
22.2

High (per 100K residents)

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
65.4%
Black
22.8%
Hispanic
7.1%
Asian
0.6%
Two or More Races
3.8%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
66°F

Annual average

Sunny Days
215

Days per year

Annual Rainfall
46.8"

Inches per year

Natural Disaster Risk
Low Risk

Score: 8/100

Frequently Asked Questions

What is the median home price in Montgomery County, GA?

The median home price in Montgomery County, Georgia is $131.9K. The price-to-income ratio is 2.6x, meaning the median home costs 2.6 times the median household income.

What salary do you need to buy a home in Montgomery County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $35.0K per year to buy the median home in Montgomery County, GA. Monthly housing costs break down to $667 for mortgage, $95.00 for property tax, and $54.94 for insurance.

What is the property tax rate in Montgomery County?

The effective property tax rate in Montgomery County is 0.86%, which comes to approximately $1,140 per year on the median home.

What is the median household income in Montgomery County?

The median household income in Montgomery County, Georgia is $51.2K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.6%%.

Is Montgomery County a good place to live?

Montgomery County, Georgia has a population of 8.7K. Housing affordability is strong with a price-to-income ratio of 2.6x. The climate averages 66 degrees F with 215 sunny days per year. Compare Montgomery County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.