What is the median household income in Fort Montgomery, NY?
The median household income in Fort Montgomery, NY is $84,570 (±$35,532) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,867 a month would take about $74,700 a year at the common guideline of spending no more than 30% of income on rent.
In Fort Montgomery, the median household income went from $83,323 in 2015–2019 to $84,570 in 2020–2024 (+1.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $84,570 (±$35,532)
- Median renter income
- $78,558 (±$22,828)
- Income to afford median rent
- about $74,700
Income in Fort Montgomery against Orange County, its state and the nation
| Fort Montgomery | Orange County | New York | United States | |
|---|---|---|---|---|
| Median household income | $84,570 (±$35,532) | $97,178 (±$2,147) | $85,974 (±$402) | $80,734 |
| Median renter household income | $78,558 (±$22,828) | $54,864 (±$3,152) | $57,803 (±$395) | $52,966 |
| Median owner household income | $114,200 (±$69,831) | $119,677 (±$3,050) | $114,563 (±$568) | $100,009 |
| Median gross rent | $1,867 (±$299) | $1,680 (±$32) | $1,621 (±$7) | $1,413 |
In Fort Montgomery, median household income is not measurably different from Orange County ($97,178).
It is not measurably different from New York ($85,974).
It is not measurably different from the national figure ($80,734).
In Orange County, Fort Montgomery ranks 10 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 309 of 407.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Fort Montgomery
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,867 a month ($22,404 a year) needs an income of about $74,700 a year.
The median renting household in Fort Montgomery earns $78,558 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $83,323 (±$21,519) | $84,570 (±$35,532) | +1.5% | No measurable change after inflation |
| Median gross rent | $1,188 (±$948) | $1,867 (±$299) | +57.2% | No measurable change after inflation |
| Median home value | $274,100 (±$65,143) | $330,000 (±$69,543) | +20.4% | 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.
Median household income in places near Fort Montgomery
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Fort Montgomery | — | $84,570 (±$35,532) | — |
| Village of Highland Falls | 1.8 mi | $110,714 (±$16,202) | Not measurably different |
| West Point | 2.1 mi | $135,333 (±$13,122) | Higher |
| Peekskill | 5.1 mi | $85,954 (±$5,129) | Not measurably different |
| Village of Cold Spring | 5.5 mi | $117,292 (±$22,747) | Not measurably different |
| Town of Philipstown | 5.9 mi | $140,557 (±$14,781) | Higher |
| Village of Buchanan | 5.9 mi | $128,218 (±$22,837) | Higher |
| Town of Woodbury | 6.1 mi | $111,429 (±$29,156) | Not measurably different |
| Village of Woodbury | 6.1 mi | $121,221 (±$29,929) | Not measurably different |
Nearby places with a measurably higher figure: West Point, NY ($135,333), Town of Philipstown, NY ($140,557), Village of Buchanan, NY ($128,218).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Orange County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 4 | Balmville | $120,694 (±$31,698) |
| 5 | Gardnertown | $113,277 (±$16,141) |
| 6 | Orange Lake | $109,063 (±$14,745) |
| 7 | Firthcliffe | $101,250 (±$15,569) |
| 8 | Scotchtown | $96,689 (±$4,782) |
| 9 | Pine Bush | $86,786 (±$27,129) |
| 10 | Fort Montgomery | $84,570 (±$35,532) |
| 11 | Washington Heights | $81,686 (±$37,251) |
| 12 | New Windsor (community) | $81,340 (±$13,540) |
| 13 | Mechanicstown | $81,250 (±$23,060) |
| 14 | Vails Gate | $70,688 (±$5,263) |
| 15 | Mountain Lodge Park | $60,734 (±$8,983) |
| 16 | Sparrow Bush | $56,349 (±$12,400) |
Showing 13 of 16 places in Orange County, ranked from highest to lowest.
Fort Montgomery is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside the Town of Highlands, whose figures include it.
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 Fort Montgomery
What is the median household income in Fort Montgomery?
The median household income in Fort Montgomery is $84,570 (±$35,532) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Fort Montgomery?
About $74,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,867 a month.
Have incomes in Fort Montgomery kept up with inflation?
In Fort Montgomery, the median household income went from $83,323 in 2015–2019 to $84,570 in 2020–2024 (+1.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Fort Montgomery?
The median renting household in Fort Montgomery, NY earns $78,558 (±$22,828) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Fort Montgomery CDP, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fort Montgomery CDP, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fort Montgomery CDP, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fort Montgomery CDP, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fort Montgomery CDP, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fort Montgomery CDP, New York
- 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) and detailed tables (acs/acs5) for Fort Montgomery CDP, New York (place:26902, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Fort Montgomery at a glance
- Median rent in Fort Montgomery
- Renters and owners in Fort Montgomery
- Home values in Fort Montgomery
- Property taxes in Fort Montgomery
- Types of homes in Fort Montgomery
- Age of homes in Fort Montgomery
- Heating fuel in Fort Montgomery
- Commute and cars in Fort Montgomery
- Population growth in Fort Montgomery
- New York landlord and tenant rules
- Housing across Orange County
- New York places ranked by median household income
- Housing data for every place in New York