Montgomery, Indiana Population 2021

4,040
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Montgomery is a city located in Daviess County Indiana. Montgomery has a 2020 population of 4,040. Montgomery is currently growing at a rate of 0.22% annually and its population has increased by 0.95% since the most recent census, which recorded a population of 4,002 in 2010. Montgomery reached it's highest population of 4,040 in 2014.

The average household income in Montgomery is $74,405 with a poverty rate of 14.16%. The median rental costs in recent years comes to $587 per month, and the median house value is $125,300. The median age in Montgomery is 39.8 years, 39.4 years for males, and 40.4 years for females.

Montgomery Demographics

According to the most recent ACS, the racial composition of Montgomery was:

  • White: 98.18%
  • Two or more races: 0.97%
  • Asian: 0.72%
  • Black or African American: 0.12%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Montgomery, Indiana is 4,040 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 4,013.The last official US Census in 2010 recorded the population at 4,002.

Montgomery, Indiana Population 2021

Population by Race

Race Population Percentage
White3,93998.18%
Two or More Races390.97%
Asian290.72%
Black or African American50.12%
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Montgomery Population by Race

Montgomery Population Pyramid $2021

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Montgomery Median Age

39.8


Total

39.4


Male

40.4


Female

Montgomery Adults

There are 3,041 adults, (612 of whom are seniors) in Montgomery.

Montgomery Age Dependency

65.2

Age Dependency Ratio

25.2

Old Age Dependency Ratio

40

Child Dependency Ratio

Montgomery Sex Ratio

Female

2,036

50.75%

Male

1,976

49.25%

Montgomery Population by Age

Montgomery Renter vs Owner Occupied by Household Type

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Montgomery Household Types

Type Owner Renter
Married92%8%
All86.3%13.7%
Female85.7%14.3%
Non Family75.8%24.2%
Male74%26%

86.3%

Rate of Home Ownership

Montgomery Households and Families

Type Count Average Size Owned
All1,5382.5786.3
Married8553.0892
Non Family3681.2275.8
Female2382.8385.7
Male772.4874

2.97

Average Family Size

2.57

Average Household Size

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Montgomery Households by Type

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Education Attained Count Percentage
Less Than 9th Grade632.38%
9th to 12th Grade1465.51%
High School Graduate1,03439.02%
Some College58922.23%
Associates Degree38314.45%
Bachelors Degree32912.42%
Graduate Degree1064.00%
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Montgomery Educational Attainment by Sex (over 25)

Montgomery Educational Attainment by Race

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Race Total High School Bachelors
White2,6072,398432
Asian2222
2+ Races10103
Hispanic66
Black55

The highest rate of high school graduation is among black people with a rate of 100.00%.

The highest rate of bachelors degrees is among 2+ races people with a rate of 30.00%.

Montgomery Educational Attainment by Race

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Name Average Male Female
Overall$40,060$48,693$31,806
Less Than 9th Grade$$$
High School Graduate$36,111$41,516$28,438
Some College$39,336$63,036$35,461
Bachelors Degree$51,944$63,375$31,667
Graduate Degree$61,250$80,139$51,500

$40,060

Average Earnings

$48,693

Average Male

$31,806

Average Female

Montgomery Earnings by Educational Attainment

Montgomery Language by Age

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Montgomery Language

98.14% of Montgomery residents speak only English, while 1.86% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.93% of the population.

Montgomery Language

Montgomery Poverty by Race

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Name Total In Poverty Poverty Rate
White3,86955414.32%
Black55100.00%

14.16%

Overall Poverty Rate

12.74%

Male Poverty Rate

15.53%

Female Poverty Rate

Poverty in Montgomery

The race most likely to be in poverty in Montgomery is Black, with 100.00% below the poverty level.

The race least likely to be in poverty in Montgomery is White, with 14.32% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 5.56%. Among those working part-time, it was 6.79%, and for those that did not work, the poverty rate was 19.76%.

Montgomery Poverty

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Name Poverty
Less Than 9th Grade17.49%
High School10.75%
Some College8.52%
Bachelors or Greater2.07%

Montgomery Poverty Rate by Education

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Rate Poverty
Male Unemployed69.05%
Male Employed7.41%
Female Employed4.92%
Female Unemployed0.00%

Montgomery Poverty Rate by Employment Status and Sex

Montgomery Income by Household Type

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Name Median Mean
Households$58,700$74,405
Families$69,297$85,968
Married Families$79,779-
Non Families$34,286$36,345
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Income by Household Type

Montgomery Marital Status

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Marriage Rates

54.2%

Overall Marriage Rate

52.2%

Male Marriage Rate

56.1%

Female Marriage Rate

Montgomery Married by Age and Sex

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Montgomery Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.

Montgomery Marital Status by Race

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Montgomery Marital Status

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222

Number of Veterans

219

Male Veterans

3

Female Veterans

War Veterans
Vietnam88
First Gulf War39
Korea26
Second Gulf War16
World War II5

Montgomery Veterans by War

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Age Group Veterans
75+64
65 to 7458
35 to 5448
55 to 6439
18 to 3413

Montgomery Veterans by Age

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Name Veterans % of Total
White2157.17%
2+ Races770.00%
Hispanic6100.00%

Montgomery Veterans by Race

Montgomery Veterans by Education

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1.44%

Veteran Poverty Rate

36.84%

Veteran Disability Rate

Montgomery Veterans by Education

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62.9%

Labor Force Participation

61.2%

Employment Rate

2.7%

Unemployment Rate

Montgomery Employment by Age

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Montgomery Employment by Race

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Montgomery Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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82.73%

Born in Montgomery

99.45%

Native Born

0.55%

Foreign Born

0.47%

Non Citizen

0.07%

Naturalized

Place of Birth

99.45% of Montgomery residents were born in the United States, with 82.73% having been born in Indiana. 0.47% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Montgomery Place of Birth

Year Population Growth Annual Growth Rate
20214,04090.22%
20204,03190.22%
20194,02290.22%
20184,013-15-0.37%
20174,02830.07%
20164,025-4-0.10%
20154,029-11-0.27%
20144,040290.72%
20134,0110.00%
20124,01170.17%
20114,00420.05%
20104,0020.00%

Montgomery Population by Year