Montgomery County, IN

Comprehensive housing, income, and cost of living data for Montgomery County, Indiana. Population: 38.0K.

View on Map

Median Home Price

$205.1K

Based on 10 cities

Median Household Income

$66.6K

Annual household income

Price-to-Income Ratio

3.1x

Moderately affordable

Salary Needed to Buy

$51.8K

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

Housing & Finance

Annual Property Tax

$1,047

Average annual amount

Effective Tax Rate

0.51%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,037

Property Tax$87.25

Insurance$85.45

Total Monthly$1,210

Historical Home Prices

2015

$107.9K

2016

$112.0K

+3.8%%

2017

$118.4K

+5.7%%

2018

$124.8K

+5.4%%

2019

$135.2K

+8.3%%

2020

$147.1K

+8.8%%

2021

$170.3K

+15.7%%

2022

$186.0K

+9.3%%

2023

$189.7K

+2.0%%

2024

$204.4K

+7.7%%

2025

$210.1K

+2.8%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

4.0%%

Near national average

Population Density

People per square mile

Homicide Rate

3.7

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

89.1%

Black

0.5%

Hispanic

6.1%

Asian

0.5%

Two or More Races

2.8%

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

Climate & Environment

Average Temperature

51°F

Annual average

Sunny Days

187

Days per year

Annual Rainfall

42.7"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 41/100

Explore More

View on Interactive Map Compare Counties View All IN Counties