Montgomery County, VA Median Household Income By Race

In Montgomery County, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $124,120, while Two or More Races households represent the opposite end with the lowest median household income of $34,764.
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Updated Jan 4, 2024

Median Household Income by Racial Categories in Montgomery County, VA (2022)

This table presents the median household income across different racial categories in Montgomery County, based on the latest 1-Year estimates from the American Community Survey.

Race Of The Head Of Household Median Household Income
White $73,002
Asian $54,080
Some Other Race $124,120
Two or More Races $34,764
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Avg Income Age group Avg Income Diversity Index Population Gender ratio (M:F) Homeownership % Avg commute time Custom Dataset: Montgomery County Self-employed, multilingual, car-commuting, insured individuals 15 to 24 years $27,865 75 27,354 0.75 0.5% 55 min 25 to 44 years $44,231 90 37,459 0.86 19% 43 min 45 to 64 years $53,865 95 42,167 0.77 35% 15 min 65 to 74 years $51,800 74 32,972 0.91 45% 13 min 75 to 84 years $41,234 66 26,758 0.87 66% 42 min 85 years and over $36,093 56 18,857 0.89 76% 45 min

Montgomery County, VA median household income diversity

Based on our analysis of the distribution of Montgomery County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 84.90% of the total residents in Montgomery County. Notably, the median household income for White households is $73,002.

Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $124,120. This reveals that, while Whites may be the most numerous in Montgomery County, Some Other Race households experience greater economic prosperity in terms of median household income.

For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau.

The bar chart shows Montgomery County, VA median household income across all racial categories identified by the U.S. Census Bureau.
Montgomery County, VA median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates

In Montgomery County, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $124,120. White households have a median income of approximately $73,002. Asian households have a median income of approximately $54,080. Conversely, Two or More Races households reveal the lowest median income at $34,764. These disparities underscore the varied income distribution within the county of Montgomery County.

Montgomery County, VA median household income trends across races

A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Montgomery County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Montgomery County.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

  • White: In Montgomery County, the median household income for the households where the householder is White increased by $16,336(28.83%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $56,666 in 2012 and $73,002 in 2022.
  • Black or African American: In Montgomery County, the median household income for Black or African American households was $19,508 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
  • American Indian and Alaska Native: Even though there is a population where the householder is American Indian and Alaska Native, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
  • Asian: In Montgomery County, the median household income for the households where the householder is Asian increased by $5,862(12.16%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $48,218 in 2012 and $54,080 in 2022.
  • Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
  • Some other race: In Montgomery County, the median household income for the households where the householder is Some other race increased by $102,572(476.02%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $21,548 in 2012 and $124,120 in 2022.
  • Two or more races (multiracial): In Montgomery County, the median household income for the households where the householder is multiracial decreased by $5,821(14.34%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $40,585 in 2012 and $34,764 in 2022.
  • Above analysis reconfirms that there are 4 race households in Montgomery County. Households are categorized based on the self-identified race of the head of household.
Line chart showing Montgomery County, VA median household income trends for all racial categories identified by the U.S. Census Bureau. The chart illustrates income trends between 2012 and 2022, with incomes values adjusted for inflation using 2022 Consumer Price Index retroactive series using current methods. It provides insights into income disparities and variations across racial categories, aiding in data analysis and decision-making.
Montgomery County, VA median household income trends across races (2012-2022, in 2022 inflation-adjusted dollars). Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $102,572. On the other hand, households where householder is Black or African American experienced a notable decline, with a decrease of $19,508 in median income. Source: U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates

Montgomery County median household income by race betwen 2012 and 2022

Explore the evolution of median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau. This table showcases the annual income trends, from 2012 to 2022, providing insights into the economic shifts within diverse racial communities.

Race Of The Head Of Household 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
White $57,881 $58,140 $56,666 $61,325 $54,304 $65,695 $72,737 $72,808 $64,919 $70,047 N/A $58,382 $73,002
Black or African American N/A $85,582 $19,508 $25,451 $50,533 $63,896 N/A $45,891 $21,603 $45,051 N/A $57,753 N/A
Asian $31,978 $47,435 $48,218 $43,751 $3,101 N/A N/A $31,000 N/A $80,140 N/A N/A $54,080
Some Other Race $3,372 $3,268 $21,548 N/A N/A N/A N/A N/A $41,965 N/A N/A N/A $124,120
Two or More Races N/A $53,411 $40,585 N/A $3,101 N/A N/A N/A $32,632 N/A N/A $74,361 $34,764
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Key observations: Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $102,572. On the other hand, households where householder is Black or African American experienced a notable decline, with a decrease of $19,508 in median income.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Montgomery County, VA?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2022 1-Year Estimates, households with Some Other Race householders in Montgomery County have the highest median household income at $124,120.

How does the median household income vary by race in Montgomery County, VA?

In Montgomery County, the median household income In Montgomery County, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $124,120. White households have a median income of approximately $73,002. Asian households have a median income of approximately $54,080. Conversely, Two or More Races households reveal the lowest median income at $34,764. These disparities underscore the varied income distribution within the county of Montgomery County..

Which racial group has the lowest median household income according to the Census Bureau in Montgomery County, VA?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2022 1-Year Estimates, households headed by individuals identifying as Two or More Races in Montgomery County exhibit the lowest median household income at $34,764 among the identified racial categories.

What is the median household income for White households in Montgomery County, VA?

In Montgomery County, the median household income for the households where the householder is White increased by $16,336(28.83%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $56,666 in 2012 and $73,002 in 2022.

What is the median household income for Black or African American households in Montgomery County, VA?

In Montgomery County, the median household income for Black or African American households was $19,508 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.

References

Datasets

Explore datasets by year of publication.
2023
Montgomery County, VA median household income breakdown by race betwen 2012 and 2022
Last updated January 3, 2024
ACS
Free
Neilsberg
CSV, JSON
2017-2021
CC BY 4.0
About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Montgomery County. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2012 and 2022, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

  • White: In Montgomery County, the median household income for the households where the householder is White increased by $16,336(28.83%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $56,666 in 2012 and $73,002 in 2022.
  • Black or African American: In Montgomery County, the median household income for Black or African American households was $19,508 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
  • Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households
Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates.

Racial categories include:

  • White
  • Black or African American
  • American Indian and Alaska Native
  • Asian
  • Native Hawaiian and Other Pacific Islander
  • Some other race
  • Two or more races (multiracial)

Variables / Data Columns

  • Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Montgomery County.
  • 2010: 2010 median household income
  • 2011: 2011 median household income
  • 2012: 2012 median household income
  • 2013: 2013 median household income
  • 2014: 2014 median household income
  • 2015: 2015 median household income
  • 2016: 2016 median household income
  • 2017: 2017 median household income
  • 2018: 2018 median household income
  • 2019: 2019 median household income
  • 2020: 2020 median household income
  • 2021: 2021 median household income
  • 2022: 2022 median household income
  • Please note: 2020 1-Year ACS estimates data was not reported by Census Bureau due to impact on survey collection and analysis during COVID-19, thus for large cities (population 65,000 and above) median household income data is not available.
  • Please note: All incomes have been adjusted for inflation and are presented in 2022-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Montgomery County median household income by race. You can refer the same here

Median Household Income by Racial Categories in Montgomery County, VA (2022)
Last updated January 3, 2024
ACS
Free
Neilsberg
CSV, JSON
2017-2021
CC BY 4.0
About this dataset

Context

The dataset presents the median household income across different racial categories in Montgomery County. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Montgomery County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 84.90% of the total residents in Montgomery County. Notably, the median household income for White households is $73,002. Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $124,120. This reveals that, while Whites may be the most numerous in Montgomery County, Some Other Race households experience greater economic prosperity in terms of median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates.

Racial categories include:

  • White
  • Black or African American
  • American Indian and Alaska Native
  • Asian
  • Native Hawaiian and Other Pacific Islander
  • Some other race
  • Two or more races (multiracial)

Variables / Data Columns

  • Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Montgomery County.
  • Median household income: Median household income, adjusting for inflation, presented in 2022-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Montgomery County median household income by race. You can refer the same here

If you're looking for datasets from another year, please feel free to contact us at research@neilsberg.com and we'll be happy to assist you further.

Explore more

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Median household income of adjacent counties (in 2022 dollars)
Median household income of popular cities (in 2022 dollars)
Insights for Montgomery County, by topic

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Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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