Download
Share
Contents
Save
The total population of Montgomery is estimated to be 20,644 with 11,194 males (54.22%) and 9,450 females (45.78%). There are 1,744 less females than males in Montgomery.
The median household income in Montgomery was $109,076 in 2021, which marked an a decrease of 3,341(2.97%) from $112,417 in 2020. This income is 146.20% 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 $115,726. Overall, the median household income for the village of Montgomery stands at $109,076.
In Montgomery, the median income for all workers aged 15 years and older, regardless of work hours, was $56,961 for males and $39,043 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,626 for males and $52,291 for females.
In Montgomery, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, White households have the highest median household income at $111,665, while Black or African American households represent the opposite end with the lowest median household income of $34,531.
In 2022, the population of Montgomery was 21,799, a 2.29% increase year-by-year from 2021. Previously, in 2021, Montgomery's population was 21,311, an increase of 4.47% compared to a population of 20,399 in 2020.
The median age in Montgomery, IL is 30.8, as per 2021 ACS 5-Year Estimates. Of the total population, 23.14% were under the age of 15, 26.34% aged 15 to 29, 44.07% aged 30 to 64, 5.80% aged 65 to 84, and 0.65% were 85 years of age and older.
Racial distribution of Montgomery population: 74.88% are White, 3.81% are Black or African American, 0.50% are American Indian and Alaska Native, 0.75% are Asian, 0.15% are Native Hawaiian and other Pacific Islander, 11.15% are some other race and 8.75% are multiracial.