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.
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 |
| 2009 | $63,573 | $75,104 | $54,498 |
| 2007 | $66,465 | $78,021 | $55,199 |
| 2005 | $64,310 | $75,433 | $51,528 |
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.
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 |
| 2009 | $77,322 | $90,218 | $76,425 |
| 2007 | $80,131 | $92,865 | $89,516 |
| 2005 | $77,647 | $90,639 | $84,326 |
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.
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 |
| 2009 | $33,430 | $39,470 | $25,840 |
| 2007 | $34,959 | $40,839 | $26,904 |
| 2005 | $34,817 | $40,537 | $30,449 |
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