Is Montgomery, IN growing?
Montgomery, IN had an estimated 1,111 (±242) residents in 2020–2024, against 814 in 2015–2019.
That is a change of +36.5%, not a measurable change.
Its housing went from 281 to 403 homes (+43.4%), a measurable increase.
0.5% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,111 (±242)
- Amount of change
- +36.5%
- Homes change
- +43.4%
- Built 2020 or later
- 0.5%
Residents and homes in Montgomery, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 814 (±243) | 1,111 (±242) | +36.5% | Not a measurable change |
| Housing units | 281 (±71) | 403 (±75) | +43.4% | Measurable increase |
| Households that rent | 16.8% (±8.6 points) | 14.8% (±7.5 points) | −2.0 percentage points | Not a measurable change |
| Median gross rent | $600 (±$81) | $860 (±$15) | +43.3% | Up after inflation |
| Median home value | $182,800 (±$54,283) | $227,800 (±$15,279) | +24.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Montgomery against Daviess County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Montgomery | +36.5% | Not a measurable change | +43.4% |
| Daviess County | +1.6% | Measurable increase | +2.7% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Montgomery
| Year built | Montgomery | Daviess County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 0.5% (±0.8 points) | 0.8% | 1.7% | 2.0% |
| 2010 to 2019 | 13.2% (±7.2 points) | 8.6% | 8.0% | 9.4% |
| 2000 to 2009 | 16.6% (±9.1 points) | 13.7% | 12.3% | 13.6% |
13.7% of the homes in Montgomery were built in 2010 or later.
The median age of residents is 47.6 years.
Growth in places near Montgomery
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Montgomery | — | 1,111 | +36.5% | Not a measurable change |
| Barr Township | 2.2 mi | 5,443 | +8.3% | Measurable increase |
| Cannelburg | 2.8 mi | 178 | +49.6% | Not a measurable change |
| Washington | 6.0 mi | 12,367 | −0.4% | Measurable decrease |
| Washington Township (Daviess County) | 6.8 mi | 16,333 | 0.0% | Not a measurable change |
| Loogootee | 7.3 mi | 2,853 | +10.8% | Not a measurable change |
| Harrison Township (Daviess County) | 7.5 mi | 926 | +82.6% | Measurable increase |
| Bogard Township | 7.8 mi | 1,433 | −31.4% | Not a measurable change |
| Reeve Township | 8.1 mi | 718 | −4.9% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Montgomery
Is Montgomery growing?
Montgomery, IN had an estimated 1,111 residents in 2020–2024 and 814 in 2015–2019, a change of +36.5%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Montgomery?
The estimated number of housing units went from 281 in 2015–2019 to 403 in 2020–2024 (+43.4%), a measurable increase.
How much new construction is there in Montgomery?
0.5% of homes in Montgomery were built in 2020 or later and 13.2% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Montgomery town, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montgomery town, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Montgomery town, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Montgomery town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Montgomery town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Montgomery town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Montgomery town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Montgomery town, Indiana (place:50688, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Montgomery at a glance
- Income and affordability in Montgomery
- Home values in Montgomery
- Homeowner costs in Montgomery
- Property taxes in Montgomery
- Types of homes in Montgomery
- Bedrooms in Montgomery
- Age of homes in Montgomery
- Heating fuel in Montgomery
- Commute and cars in Montgomery
- Indiana landlord and tenant rules
- Housing across Daviess County
- Housing data for every place in Indiana