Montgomery Village, MD Profile: Facts & Data

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Montgomery Village, Maryland - Basic Facts

The Montgomery Village Census Designated Place had a population of 33,026 as of July 1, 2019. Montgomery Village ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The primary coordinate point for Montgomery Village is located at latitude 39.1768 and longitude -77.1953 in Montgomery County. The formal boundaries for the Montgomery Village Census Designated Place encompass a land area of 3.99 sq. miles and a water area of 0.06 sq. miles. Montgomery County is in the Eastern time zone (GMT -5). The elevation is 381 feet.

The Montgomery Village Census Designated Place (GNIS ID: 2389499) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Montgomery Village Census Designated Place is located within District 9, a minor civil division (MCD) of Montgomery County.


Jump to... (On This Page!)
  1. Montgomery Village 2019 Demographic Data
  2. Growth Rates for Montgomery Village (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Maryland Research Tools (Easy Tools & Current Data)
  3. Maryland Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Montgomery Village, MD Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Montgomery Village, MD Housing Affordability Index is 133
State of Maryland Housing Affordability Index is 118
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Montgomery Village, MD Wealth Index is 129
State of Maryland Wealth Index is 141
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Maryland COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 33,026
Population in Households 32,892
Population in Families 26,507
Population in Group Qrtrs 134
Population Density 8,311
Diversity Index1 84
 

INCOME

Median Household Income $80,197
Average Household Income $106,360
Per Capita Income $38,152
Wealth Index3 129

HOUSING

Total Housing Units 12,574 (100%)
Owner Occupied HU 8,125 (64.6%)
Renter Occupied HU 3,857 (30.7%)
Vacant Housing Units 592 ( 4.7%)
Median Home Value $301,765
Housing Affordability Index2 133
 

HOUSEHOLDS

Total Households 11,982
Average Household Size 2.75
Family Households 8,006
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.33% 0.24%
Households 0.15% 0.12%
Families 0.18% 0.12%
Median Household Income   2.44%
Per Capita Income   2.46%

Montgomery Village, MD - Peer Comparisons by Rank and Percentile

The table below compares Montgomery Village to the other 518 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 34 94th
Population Density # 12 98th
Diversity Index # 24 96th
Median Household Income # 232 55th
Per Capita Income # 239 54th

Additional comparisons and rankings can be made with a VERY EASY TO USE Maryland Census Data Comparison Tool.

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