Montgomery is a medium-sized village located in the state of Illinois. With a population of 20,262 people and six constituent neighborhoods, Montgomery is the 122nd largest community in Illinois. Much of the housing stock in Montgomery was built relatively recently. The construction of new real estate can often be taken as an indication that the local Montgomery economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Montgomery, where the median household income is $99,208.00.
Montgomery real estate is some of the most expensive in Illinois, although Montgomery house values don't compare to the most expensive real estate in the U.S.
Unlike some villages, Montgomery isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Montgomery are a mix of both white- and blue-collar jobs. Overall, Montgomery is a village of sales and office workers, professionals, and service providers. There are especially a lot of people living in Montgomery who work in office and administrative support (12.04%), sales jobs (10.33%), and business and financial occupations (8.18%).
Also of interest is that Montgomery has more people living here who work in computers and math than 95% of the places in the US.
One downside of living in Montgomery, however, is that residents on average have to contend with a long commute, spending on average 33.26 minutes every day commuting to work.
In terms of college education, Montgomery is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 32.26% of adults in Montgomery have a college degree.
The per capita income in Montgomery in 2018 was $31,097, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $124,388 for a family of four. However, Montgomery contains both very wealthy and poor people as well.
Montgomery is an extremely ethnically-diverse village. The people who call Montgomery home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Montgomery residents report their race to be White, followed by Black or African-American. Montgomery also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 32.41% of the village’s residents. Important ancestries of people in Montgomery include German, Irish, Polish, English, and Italian.
The most common language spoken in Montgomery is English. Other important languages spoken here include Spanish and Langs. of India.