
Michigan · Census place 55220
Montgomery, MI population, income and ZIP codes
Quick answer
The population of the city of Montgomery, Michigan (Montgomery, MI — Census place “Montgomery village”) is 318 residents, ranking #615 of 745 places in Michigan. Median household income is $54,000, the median home is worth $93,100 and median gross rent runs $1,175 a month. Looking for the Montgomery Michigan ZIP code list? 1 ZIP codes serve Montgomery, MI: 49255.
- Population
- 318Montgomery village residents
- Median household income
- $54,000Past 12 months, inflation adjusted
- Median home value
- $93,100Owner-occupied units
- Median gross rent
- $1,175Rent plus utilities, monthly
- Median age
- 35.5 yrsAll residents
- Homeownership rate
- 90.4%Owner-occupied households
Montgomery ZIP codes (Michigan)
Census ZCTAs whose delivery area overlaps Montgomery.
The Montgomery MI ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Montgomery village
Housing cost measured against local earnings.
A household earning the Montgomery village median would spend about 26.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 28.5% of residents and 90.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Montgomery village, MI in context
How this area compares with national benchmarks.
Montgomery village is a very small community in Michigan, with 318 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #615 of 745 ranked by population — larger than 17% of them. The median age here is 35.5 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Montgomery village earn a median of $54,000 a year, 31.2% below the national figure of $78,538 and 13% below the $61,715 median for the 438 Michigan cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 28.5% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.
The typical owner-occupied home in Montgomery village is valued at $93,100, 69.3% below the national figure and 44% below the $166,100 peer median, while median gross rent runs $1,175 a month, 16.4% below the national figure, or roughly $14,100 across a full year. A household on the local median income would put about 26.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 1.7×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 90.4% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.
With 318 residents, a handful of survey responses moves every median on this page. Compare Montgomery village against its county rather than against national figures.
All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Michigan.
- Detroit city 636,644
- Grand Rapids city 197,768
- Warren city 138,128
- Sterling Heights city 133,473
- Ann Arbor city 121,179
- Lansing city 112,546
- Dearborn city 107,846
- Livonia city 94,058
Keep going
More Michigan coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Montgomery village?
- Montgomery village has 318 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #615 of 745 in Michigan.
- What is the median household income in Montgomery village?
- Median household income in Montgomery village is $54,000 a year, 31.2% below the national figure of $78,538.
- How much does it cost to rent or buy in Montgomery village?
- Median gross rent is $1,175 a month and the median home value is $93,100, so rent absorbs about 26.1% of median household income.
- Is Montgomery village affordable compared with the rest of the US?
- Homes cost about 1.7× the local median income here versus roughly 3.9× nationally, so Montgomery village is more affordable to buy in than the typical US market, and rent takes 26.1% of median income against the 30% cost-burden line.
- How current is this Montgomery village data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.