Montgomery Village, Maryland
Moving to or Living in Montgomery Village Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Montgomery Village, Maryland
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Explore the life in Montgomery Village based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Montgomery Village, Maryland
Is Montgomery Village, Maryland a good place to live?
Montgomery Village is a city in Maryland state in USA with a population of 34413 residents..
The poverty rate of Montgomery Village is 10.7%, which is 24% lower than national average.
The typical household in Montgomery Village earns $82135 a year, compared to the national median of $67,500.
Nearly 29% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Montgomery Village, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Montgomery Village remained 6.7%, which is 43% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Montgomery Village, only 42% of adults have a bachelor's degree and 25% have some college but no degree.
Cost of living in Montgomery Village is 125, which is 25% higher than national average. Median home value in Montgomery Village is $310700 , which is 35% higher than national average. While median income in Montgomery Village remained $82135, which is 22% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Montgomery Village, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Montgomery Village remained 6.7%, which is 43% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Montgomery Village, only 42% of adults have a bachelor's degree and 25% have some college but no degree.
Cost of living in Montgomery Village is 125, which is 25% higher than national average. Median home value in Montgomery Village is $310700 , which is 35% higher than national average. While median income in Montgomery Village remained $82135, which is 22% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
34413
Unemployment
6.7%
Poverty
10.7%
Overall Score
7
Median Home
$310700
35%
NAT AVG.
Median Income
$82135
22%
NAT AVG.
Median Rent
$1637
41%
NAT AVG.
Cost Of Living
125
25%
NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 15
People Earning < $10,000
1 in 18
People Earning < $50,000
29%
People with <= High School
1 in 3
People With Any Degree
1 in 2
Pros & Cons Overview
Jobs80%
Housing90%
Affordability50%
Safety95%
Amenities95%
Diversity100%
Education80%
Commute30%
Cost of Living
| Expense | Montgomery Village | Maryland | National Avg. |
|---|---|---|---|
| Services | 116 | 111 | 100 |
| Groceries | 112 | 114 | 100 |
| Health | 88 | 84 | 100 |
| Housing | 151 | 151 | 100 |
| Transportation | 116 | 109 | 100 |
| Utilities | 110 | 108 | 100 |
Cost of Living
Gender
| Gender | Montgomery Village | Maryland | Country |
|---|---|---|---|
| Female | 51% | 51.5% | 50.8% |
| Male | 49% | 48.5% | 49.2% |
Gender
Household Income
| Income | Montgomery Village | Maryland | Country |
|---|---|---|---|
| Less than $10,000 | 5.6% | 4.6% | 5.8% |
| $10,000 to $14,999 | 2.4% | 2.6% | 4.1% |
| $15,000 to $24,999 | 4.1% | 5.6% | 8.5% |
| $25,000 to $34,999 | 6.6% | 6.1% | 8.6% |
| $35,000 to $49,999 | 10.3% | 9.3% | 12.0% |
| $50,000 to $74,999 | 16% | 15.2% | 17.2% |
| $75,000 to $99,999 | 13.7% | 13% | 12.8% |
| $100,000 to $149,999 | 18.4% | 19.3% | 15.6% |
| $150,000 to $199,999 | 10.3% | 10.8% | 7.1% |
| $200,000 or more | 12.5% | 13.4% | 8.3% |
Education
| Education | Montgomery Village | Maryland | Country |
|---|---|---|---|
| < 9th Grade | 10% | 3% | 5.0% |
| 9-12th Grade | 4% | 6% | 7.0% |
| High School or GED | 19% | 24% | 27.0% |
| Other College | 18% | 19% | 20.0% |
| Associate's Degree | 7% | 7% | 9% |
| Bachelor's Degree | 23% | 22% | 20.0% |
| Master's Degree | 14% | 13% | 9.0% |
| Professional Degree | 3% | 3% | 2.0% |
| Doctorate Degree | 2% | 3% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Montgomery Village | Maryland | Country |
|---|---|---|---|
| White | 26% | 50.2% | 60.1% |
| African American | 22.8% | 29.4% | 12.2% |
| American Indian | 0.2% | 0.2% | 0.6% |
| Asian | 13.7% | 6.3% | 5.6% |
| Hawaiian | 0% | 0% | 0.2% |
| Other | 0.7% | 0.4% | 0.3% |
| Multiracial | 3.8% | 3.3% | 2.8% |
| Hispanic | 32.8% | 10.3% | 18.2% |