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: 104.5Montgomery'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.
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.
| Metric | Montgomery, MN |
|---|---|
| Average High — January | 21.9°F |
| Average High — July | 80.7°F |
| Annual Precipitation | 34.2" |
| Annual Snowfall | 39.1" |
Demographics
| Metric | Montgomery, MN | National Avg |
|---|---|---|
| Population | 3,326 | — |
| Median Age | 37.9 | 38.9 |
| Unemployment Rate | 2.8% | 3.7% |
| Avg Commute Time | 25.1 min | 26 min |
| White (non-Hispanic) | 90.2% | 59.3% |
| Black or African American | 1.9% | 13.6% |
| Hispanic or Latino | 3.5% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 28.3% | 22.2% |
| 65 and over | 18.7% | 16.8% |
Nearby Cities
ZIP Codes in Montgomery
Montgomery, MN is covered by 1 ZIP code: