Department of Numbers

Montgomery County Virginia Household Income

The Census ACS 1-year survey reports that the median household income for the Montgomery County Virginia area was $55,210 in 2021, the latest figures available. Montgomery County median household income is $25,753 lower than the median Virginia household income and $14,507 less than the US median household income. 2022 county income data (including Montgomery County median household income) will be released in September of 2023. Median family and per capita income for Montgomery County are shown below.

Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.

Show dollars as: Nominal Real

Real Median Household Income for Montgomery County Virginia

2021 1 Year Change 3 Year Change
US $69,717 -1.64% +4.32%
Virginia $80,963 -1.73% +3.39%
Montgomery County $55,210 -8.47% -1.47%

Trends in Montgomery County, VA Real Median Household Income since 2005

The current median household income for Montgomery is $55,210. Real median household income peaked in 2019 at $63,633 and is now $8,423 (13.24%) lower.

Real Median Household Income: Montgomery County, Virginia, National

Historical Inflation Adjusted Median Household Income for Montgomery County

Date US Virginia Montgomery County
2021 $69,717 $80,963 $55,210
2020 $70,877 $82,385 $60,319
2019 $69,638 $81,024 $63,633
2018 $66,828 $78,308 $56,033
2017 $66,687 $79,065 $62,405
2016 $65,052 $76,903 $62,894
2015 $63,784 $75,776 $59,639
2014 $61,468 $74,350 $48,174
2013 $60,869 $73,004 $53,214
2012 $60,732 $72,991 $49,210
2011 $60,969 $74,707 $53,098

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Montgomery County Family Income

The ACS 1-year data shows the median family income for Montgomery County was $87,462 in 2021. Compared to the median Virginia family income, Montgomery County median family income is $13,301 lower. As with the median household income data, 2022 family income data for Montgomery County will be released in September of 2023.

Show dollars as: Nominal Real

Real Median Family Income for Montgomery County Virginia

2021 1 Year Change 3 Year Change
US $85,806 -1.68% +4.09%
Virginia $100,763 -0.89% +5.02%
Montgomery County $87,462 -2.56% +5.08%

Trends in Montgomery County, VA Real Median Family Income since 2005

The current median family income for Montgomery is $87,462. Real median family income peaked in 2017 at $92,433 and is now $4,971 (5.38%) lower.

Real Median Family Income: Montgomery County, Virginia, National

Historical Inflation Adjusted Median Family Income for Montgomery County

Date US Virginia Montgomery County
2021 $85,806 $100,763 $87,462
2020 $87,269 $101,666 $89,761
2019 $85,780 $99,083 $89,073
2018 $82,434 $95,951 $83,234
2017 $81,669 $95,361 $92,433
2016 $80,231 $94,055 $89,571
2015 $78,061 $91,948 $76,465
2014 $75,505 $89,687 $82,435
2013 $74,593 $87,983 $72,623
2012 $73,920 $88,057 $67,522
2011 $74,192 $89,941 $84,577

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Montgomery County Per Capita Income

The ACS 1-year survey shows the per capita income for Montgomery County was $30,287 in 2021. Compared to the median Virginia per capita income, Montgomery County median per capita income is $13,469 lower. As with the median household and median family income numbers above, 2022 per capita income data for Montgomery County will be released in September of 2023.

Show dollars as: Nominal Real

Real Per Capita Income for Montgomery County Virginia

2021 1 Year Change 3 Year Change
US $38,332 -1.03% +5.01%
Virginia $43,756 -0.93% +4.25%
Montgomery County $30,287 -3.88% +11.52%

Trends in Montgomery County, VA Real Per Capita Income since 2005

The current per capita income for Montgomery is $30,287. Real per capita income peaked in 2016 at $36,313 and is now $6,026 (16.59%) lower.

Real Per Capita Income: Montgomery County, Virginia, National

Historical Real Per Capita Income for Montgomery County

Date US Virginia Montgomery County
2021 $38,332 $43,756 $30,287
2020 $38,730 $44,166 $31,511
2019 $37,803 $43,063 $31,712
2018 $36,503 $41,972 $27,159
2017 $35,807 $41,383 $30,240
2016 $35,145 $40,878 $36,313
2015 $34,284 $39,774 $33,142
2014 $33,094 $39,009 $26,363
2013 $32,833 $38,613 $27,082
2012 $32,297 $38,442 $26,683
2011 $32,243 $38,781 $28,901

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