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Economy, jobs and prices in Montgomery, Alabama: official figures

The median household income in Montgomery was $56,811 a year in the 2020-2024 American Community Survey (in 2024 dollars), 103rd lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Alabama median $63,999.

Median household income
$56,811
2020-2024
Unemployment rate (ACS)
6.4%
2020-2024
Mean travel time to work
20.7 min
2020-2024
Median gross rent (monthly)
$1,089
2020-2024
Median home value (owner-occupied)
$161,900
2020-2024
Homes occupied by their owners
54.4%
2020-2024
Households with a broadband subscription
90.3%
2020-2024

What is the per capita income in Montgomery?

Income per resident (per capita income) in Montgomery averaged $33,458 a year in 2020-2024, 200th lowest of 823 US cities of 50,000 or more (US: $44,673; Alabama: $36,087).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Montgomery?

Montgomery's Gini index of household income inequality was 0.492 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 131st most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Montgomery, Alabama?

6.4% of the civilian labor force in Montgomery was unemployed on average over 2020-2024 (5,800 people), 212th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Alabama's 4.7%.

Source: U.S. Census Bureau · saved copy

What share of people in Montgomery are working?

59.2% of Montgomery's 155,929 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 80th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Montgomery have jobs?

84,297 residents of Montgomery held civilian jobs, 54.1% of those aged 16 and over (US: 59.7%), and 2,199 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Montgomery?

The largest industry group for working residents of Montgomery was education, health care and social assistance (21.5% of employed residents), followed by manufacturing (13.1%) and professional, scientific, management and administrative services (12.0%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Montgomery work in manufacturing?

Manufacturing employed 13.1% of working residents of Montgomery, 137th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 12.0% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Montgomery, Alabama?

Commuters in Montgomery took 20.7 minutes on average to get to work in 2020-2024, 186th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 3.2% travelled an hour or more and 29.2% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Montgomery get to work?

8.0% of workers living in Montgomery worked from home in 2020-2024, 113th lowest of 823 US cities of 50,000 or more (US: 15.1%). 79.5% drove to work alone, 9.7% carpooled, 0.4% used public transport and 1.3% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Montgomery, Alabama?

The median gross rent (rent plus utilities) in Montgomery was $1,089 a month in 2020-2024, 128th lowest of 823 US cities of 50,000 or more (US: $1,413; Alabama: $1,007).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Montgomery?

Owner-occupied homes in Montgomery had a median value of $161,900 in 2020-2024 as estimated by their owners, 52nd lowest of 823 US cities of 50,000 or more (US: $332,700; Alabama: $209,900).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Montgomery?

The median home value in Montgomery was 2.8 times the median household income, 57th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Montgomery, Alabama own their home?

54.4% of the 81,241 occupied homes in Montgomery were lived in by their owners in 2020-2024 and 37,052 were rented, 312th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Alabama: 70.2%).

Source: U.S. Census Bureau · saved copy

What share of homes in Montgomery have broadband?

90.3% of households in Montgomery had a broadband internet subscription of some type in 2020-2024, 225th lowest of 823 US cities of 50,000 or more (US: 91.0%; Alabama: 87.5%).

Source: U.S. Census Bureau · saved copy

How many households in Montgomery have no internet?

7.4% of households in Montgomery (5,997) had no internet access at home in 2020-2024, 168th highest of 823 US cities of 50,000 or more (US: 6.5%); 11.4% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Montgomery compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Montgomery ranks 721 of 823, highest first.

RankCityMedian household income (2024 dollars)
718Topeka$56,956
719Burlington$56,880
720New Haven$56,851
721Montgomery$56,811
722Fall River$56,673
723Pueblo$56,664
724New Orleans$56,631
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Montgomery ranks 624 of 823, highest first.

RankCityPer capita income (2024 dollars)
621Portsmouth$33,568
622Florissant$33,549
623Jonesboro$33,544
624Montgomery$33,458
625Norwalk$33,409
626Bakersfield$33,405
627Daytona Beach$33,371
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Montgomery ranks 131 of 823, highest first.

RankCityGini index of household income inequality
128Deerfield Beach0.493
129Mount Vernon0.493
130Asheville0.492
131Montgomery0.492
132Downers Grove0.492
133Lexington0.492
134Charleston0.492
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Montgomery ranks 212 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
209Parma6.5%
210Tallahassee6.4%
211Stillwater6.4%
212Montgomery6.4%
213Warner Robins6.4%
214Elk Grove6.4%
215Oakland6.4%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Montgomery ranks 744 of 823, highest first.

RankCityLabor force participation rate (16 and over)
741Rockford59.3%
742Menifee59.2%
743Dayton59.2%
744Montgomery59.2%
745Walnut Creek59.2%
746Bloomington59.1%
747Carson City59.1%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Montgomery ranks 638 of 823, highest first.

RankCityMean travel time to work (minutes)
635High Point20.7
636Sarasota20.7
637Longview20.7
638Montgomery20.7
639Murray20.7
640Savannah20.7
641Rocky Mount20.6
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Montgomery ranks 711 of 823, highest first.

RankCityWorkers who worked from home
708New Britain8.0%
709Taunton8.0%
710Stockton8.0%
711Montgomery8.0%
712Moreno Valley8.0%
713Highland8.0%
714Lafayette8.0%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Montgomery ranks 652 of 823, highest first.

RankCityWorkers commuting by public transportation
649Hanford0.4%
650Taylor0.4%
651Pembroke Pines0.4%
652Montgomery0.4%
653Vacaville0.4%
654Scottsdale0.4%
655Oklahoma City0.4%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Montgomery ranks 137 of 823, highest first.

RankCityEmployed residents working in manufacturing
134Paterson13.2%
135Minnetonka13.2%
136Tustin13.2%
137Montgomery13.1%
138St. Peters13.1%
139Chandler13.1%
140Baytown13.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Montgomery ranks 545 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
542Cary21.5%
543Watsonville21.5%
544Redwood City21.5%
545Montgomery21.5%
546Burbank21.5%
547San Marcos21.4%
548Huntsville21.4%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Montgomery ranks 696 of 823, highest first.

RankCityMedian gross rent per month
693Midwest City$1,091
694Des Moines$1,090
695Norman$1,090
696Montgomery$1,089
697Winston-Salem$1,087
698Duluth$1,087
699Parma$1,087
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Montgomery ranks 772 of 823, highest first.

RankCityMedian value of owner-occupied homes
769Middletown$164,400
770Buffalo$164,200
771Springfield$162,100
772Montgomery$161,900
773Trenton$160,700
774Hammond$159,900
775Birmingham$158,800
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Montgomery ranks 764 of 820, highest first.

RankCityMedian home value as a multiple of median household income
761Oshkosh2.9x
762Livonia2.9x
763Tinley Park2.9x
764Montgomery2.8x
765San Angelo2.8x
766Elyria2.8x
767Kettering2.8x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Montgomery ranks 512 of 823, highest first.

RankCityOccupied homes lived in by their owners
509Pasadena54.5%
510Oxnard54.4%
511Eau Claire54.4%
512Montgomery54.4%
513Renton54.4%
514Arlington54.3%
515Porterville54.3%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Montgomery ranks 599 of 823, highest first.

RankCityHouseholds with a broadband subscription
596Grand Rapids90.4%
597Beaumont90.4%
598Green Bay90.4%
599Montgomery90.3%
600Lancaster90.3%
601Rapid City90.3%
602Spokane Valley90.3%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Montgomery ranks 168 of 823, highest first.

RankCityHouseholds with no internet access
165Lawton7.4%
166Columbia7.4%
167Midwest City7.4%
168Montgomery7.4%
169Madera7.4%
170Revere7.4%
171New Haven7.4%
Source: U.S. Census Bureau · saved copy

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Sources

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