Median Income
$61,677
household / year
Median Home Value
$206,300
owner-occupied
Median Rent
$1,044
gross / month
Cost of Living
104
national avg = 100

Is Montgomery, MN a Good Place to Live?

Montgomery is a small town of 3,326 in Minnesota, with a median household income of $61,677 and a 2.8% unemployment rate. Its cost of living index is 104 (US average = 100), which is 4% above the national average.

Strengths: Montgomery stands out for below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Montgomery is right for you depends on your priorities — the full breakdown is below.

All Montgomery city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 104.5

Montgomery's overall cost of living index is 104.5, where 100 represents the US national average. Living in Montgomery costs roughly 4% more than the average American city.

Metric Montgomery, MN National Avg
Median Home Value $206,300 $244,900
Median Monthly Rent $1,044 $1,163
Homeownership Rate 78.0% 65.9%
Median Household Income $61,677 $74,755

Crime & Safety

Montgomery's violent crime rate is 27.8 per 100,000 residents — 93% lower than the national average of ~380 per 100,000.

Violent Crime
27.8 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Montgomery is served primarily by Tri-City United School District. The student-to-teacher ratio is 14.1:1 (better than the national average of ~16:1).

Metric Montgomery, MN National Avg
School District Tri-City United School District —
Elementary Schools 3 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 14.1:1 16:1
Bachelor's Degree or Higher 17.5% 35.4%
High School Diploma or Higher 94.2% 91.1%

Weather & Climate

Montgomery sees average highs of 21.9°F in January and 80.7°F in July, with 34.2 inches of annual precipitation and 39.1 inches of snow per year.

MetricMontgomery, MN
Average High — January21.9°F
Average High — July80.7°F
Annual Precipitation34.2"
Annual Snowfall39.1"

Demographics

MetricMontgomery, MNNational Avg
Population3,326—
Median Age37.938.9
Unemployment Rate2.8%3.7%
Avg Commute Time25.1 min26 min
White (non-Hispanic)90.2%59.3%
Black or African American1.9%13.6%
Hispanic or Latino3.5%18.9%
Asian0.0%6.3%
Under 1828.3%22.2%
65 and over18.7%16.8%

Nearby Cities

ZIP Codes in Montgomery

Montgomery, MN is covered by 1 ZIP code:

Montgomery vs Other Cities

Frequently Asked Questions

Montgomery's cost of living index is 104, where 100 is the national average. That puts Montgomery roughly 4% above the national average in cost. The median home price is $206,300 and median rent is $1,044/month.
Montgomery's violent crime rate is 27.8 per 100,000 residents — the national average is ~380 per 100,000. Property crime is None per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Montgomery are operated by Tri-City United School District. The district has 3 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 14.1:1. 17.5% of adults 25+ hold a bachelor's degree or higher.
Montgomery, MN has a population of 3,326, a median household income of $61,677, and an unemployment rate of 2.8%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Montgomery averages 21.9°F in January and 80.7°F in July. Annual rainfall is 34.2 inches with about 39.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Montgomery, MN is covered by 1 ZIP code: 56069.
The population of Montgomery, Minnesota is 3,326 with a median age of 37.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Montgomery: cost of living index 104 (100 = US average), median home $206,300, median household income $61,677, schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Montgomery side by side with your current city to see the trade-offs.