The median household income in Montgomery, IL in 2022 was $101,902, which was 24.7% greater than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $51,028 in 2000 this represents an increase of 49.9%. The per capita income in 2022 was $34,890, which means an increase of 32.9% compared to 2000 when it was $23,395.
Whole page based on the data from 2000 / 2022 when the population of Montgomery, Illinois was 5,471 / 20,521
Income statistics for all residents
Median household income in Montgomery, IL in 2022:
Montgomery:
$101,903
State:
$76,708
Change in median household income between 2000 and 2022:
Montgomery, Illinois:
+99.7%
State:
+64.6%
Number of households with income < $10k:
Montgomery:
2.5% (167)
State:
5.9% (296,090)
Number of households with income $10k - 20k:
Montgomery:
1.4% (92)
State:
6.6% (333,259)
Number of households with income $20k - 30k:
Montgomery:
2.4% (163)
State:
6.8% (342,921)
Number of households with income $30k - 40k:
Montgomery:
6.4% (433)
State:
7.0% (355,254)
Number of households with income $40k - 50k:
Montgomery:
2.5% (172)
State:
6.7% (340,678)
Number of households with income $50k - 60k:
Montgomery:
12.9% (873)
State:
6.7% (339,405)
Number of households with income $60k - 75k:
Montgomery:
8.5% (572)
Illinois:
9.2% (465,709)
Number of households with income $75k - 100k:
Montgomery:
12.4% (837)
Illinois:
12.9% (651,353)
Number of households with income $100k - 125k:
Montgomery:
19.2% (1,296)
Illinois:
10.3% (522,359)
Number of households with income $125k - 150k:
Montgomery:
11.6% (780)
State:
7.3% (367,136)
Number of households with income $150k - 200k:
Montgomery:
14.8% (1,001)
State:
9.0% (455,249)
Number of households with income > $200k:
Montgomery:
5.4% (366)
Illinois:
11.6% (586,947)
Aggregate household income in Montgomery in 2022: $722,413,061
Median family income in Montgomery in 2022:
Montgomery:
$105,669
State:
$96,948
Number of families with income < $10k:
Montgomery:
2.2% (112)
Illinois:
3.4% (105,875)
Number of families with income $10k - 20k:
Montgomery:
0.7% (37)
State:
3.3% (105,017)
Number of families with income $20k - 30k:
Montgomery:
1.8% (91)
Illinois:
4.7% (146,403)
Number of families with income $30k - 40k:
Montgomery:
7.0% (360)
State:
5.3% (167,069)
Number of families with income $40k - 50k:
Montgomery:
1.6% (83)
State:
5.8% (181,164)
Number of families with income $50k - 60k:
Montgomery:
8.3% (428)
Illinois:
6.1% (191,561)
Number of families with income $60k - 75k:
Montgomery:
8.0% (414)
State:
9.0% (282,985)
Number of families with income $75k - 100k:
Montgomery:
14.6% (755)
State:
13.8% (432,725)
Number of families with income $100k - 125k:
Montgomery:
22.1% (1,144)
State:
11.9% (373,296)
Number of families with income $125k - 150k:
Montgomery:
9.8% (505)
Illinois:
8.9% (279,791)
Number of families with income $150k - 200k:
Montgomery:
17.7% (917)
State:
11.9% (372,004)
Number of families with income > $200k:
Montgomery:
6.3% (324)
State:
15.9% (500,033)
Median non-family income in Montgomery in 2022:
Montgomery:
$58,694
Illinois:
$46,533
Change in median non-family income between 2000 and 2022:
Montgomery, Illinois:
+97.0%
State:
+64.0%
Median per capita income in Montgomery in 2022:
Montgomery:
$34,891
State:
$43,317
Change in median per capita income between 2000 and 2022:
Montgomery, Illinois:
+49.1%
State:
+87.5%
Income statistics for White residents
Median household income in Montgomery, IL in 2022:
Montgomery:
$107,711
State:
$83,346
Change in median household income between 2000 and 2022:
Montgomery, Illinois:
+111.7%
State:
+67.5%
Number of households with income < $10k:
Montgomery:
2.8% (126)
State:
4.5% (149,895)
Number of households with income $10k - 20k:
Montgomery:
1.4% (63)
State:
5.5% (184,529)
Number of households with income $20k - 30k:
Montgomery:
1.2% (54)
Illinois:
6.1% (205,767)
Number of households with income $30k - 40k:
Montgomery:
4.7% (213)
State:
6.7% (225,572)
Number of households with income $40k - 50k:
Montgomery:
2.3% (105)
State:
6.5% (216,965)
Number of households with income $50k - 60k:
Montgomery:
13.4% (603)
State:
6.6% (222,841)
Number of households with income $60k - 75k:
Montgomery:
11.4% (510)
Illinois:
9.3% (312,758)
Number of households with income $75k - 100k:
Montgomery:
9.1% (409)
State:
12.9% (433,180)
Number of households with income $100k - 125k:
Montgomery:
19.5% (874)
State:
10.7% (360,753)
Number of households with income $125k - 150k:
Montgomery:
13.4% (603)
Illinois:
7.9% (266,532)
Number of households with income $150k - 200k:
Montgomery:
15.1% (679)
State:
10.0% (337,357)
Number of households with income > $200k:
Montgomery:
5.5% (249)
State:
13.3% (446,069)
Aggregate household income in Montgomery in 2022: $495,754,219
Median family income in Montgomery in 2022:
Montgomery:
$113,745
State:
$107,938
Number of families with income < $10k:
Montgomery:
2.6% (79)
Illinois:
2.2% (45,983)
Number of families with income $10k - 20k:
Montgomery:
0.4% (12)
Illinois:
2.5% (50,574)
Number of families with income $30k - 40k:
Montgomery:
3.6% (108)
State:
4.4% (90,563)
Number of families with income $40k - 50k:
Montgomery:
1.3% (40)
State:
5.0% (102,597)
Number of families with income $50k - 60k:
Montgomery:
6.1% (187)
Illinois:
5.8% (119,129)
Number of families with income $60k - 75k:
Montgomery:
11.0% (334)
State:
8.8% (179,665)
Number of families with income $75k - 100k:
Montgomery:
11.6% (355)
Illinois:
13.5% (276,887)
Number of families with income $100k - 125k:
Montgomery:
25.1% (766)
State:
12.5% (256,099)
Number of families with income $125k - 150k:
Montgomery:
11.9% (362)
State:
9.8% (199,855)
Number of families with income $150k - 200k:
Montgomery:
19.2% (584)
Illinois:
13.4% (274,569)
Number of families with income > $200k:
Montgomery:
7.3% (221)
State:
18.6% (381,354)
Median non-family income in Montgomery in 2022:
Montgomery:
$61,757
State:
$50,934
Change in median non-family income between 2000 and 2022:
Montgomery, Illinois:
+113.6%
State:
+70.7%
Median per capita income in Montgomery in 2022:
Montgomery:
$40,617
State:
$50,738
Change in median per capita income between 2000 and 2022:
Montgomery, Illinois:
+73.5%
Illinois:
+95.5%
Income statistics for Black or African American residents
Number of households with income < $10k:
Montgomery:
0.0% (0)
Illinois:
13.3% (92,224)
Number of households with income $10k - 20k:
Montgomery:
10.0% (29)
State:
13.5% (93,732)
Number of households with income $20k - 30k:
Montgomery:
0.0% (0)
State:
9.9% (68,453)
Number of households with income $30k - 40k:
Montgomery:
52.6% (152)
Illinois:
8.5% (59,072)
Number of households with income $40k - 50k:
Montgomery:
9.0% (26)
State:
7.9% (55,033)
Number of households with income $50k - 60k:
Montgomery:
4.5% (13)
State:
7.2% (49,556)
Number of households with income $60k - 75k:
Montgomery:
0.0% (0)
State:
7.8% (53,726)
Number of households with income $75k - 100k:
Montgomery:
1.7% (5)
State:
11.6% (80,439)
Number of households with income $100k - 125k:
Montgomery:
3.1% (9)
Illinois:
7.5% (52,244)
Number of households with income $125k - 150k:
Montgomery:
0.0% (0)
State:
3.9% (27,058)
Number of households with income $150k - 200k:
Montgomery:
13.8% (40)
State:
4.6% (32,057)
Number of households with income > $200k:
Montgomery:
5.2% (15)
Illinois:
4.1% (28,731)
Aggregate household income in Montgomery in 2022: $26,597,110
Median family income in Montgomery in 2022:
Montgomery:
$38,517
State:
$60,661
Number of families with income $30k - 40k:
Montgomery:
56.2% (145)
State:
7.8% (28,775)
Number of families with income $40k - 50k:
Montgomery:
7.3% (19)
State:
8.5% (31,429)
Number of families with income $50k - 60k:
Montgomery:
6.4% (17)
State:
7.1% (26,341)
Number of families with income $75k - 100k:
Montgomery:
1.3% (3)
Illinois:
14.0% (51,750)
Number of families with income $150k - 200k:
Montgomery:
24.7% (64)
Illinois:
6.8% (25,177)
Number of families with income > $200k:
Montgomery:
4.1% (11)
State:
6.3% (23,371)
Median per capita income in Montgomery in 2022:
Montgomery:
$27,511
Illinois:
$28,045
Change in median per capita income between 2000 and 2022:: -11.3%
Montgomery, Illinois:
-11.3%
State:
+90.2%
Income statistics for Asian residents
Median household income in Montgomery, IL in 2022:
Montgomery:
$122,923
State:
$104,287
Change in median household income between 2000 and 2022:
Montgomery, Illinois:
+20.2%
State:
+81.9%
Number of households with income < $10k:
Montgomery:
0.0% (0)
State:
5.3% (14,653)
Number of households with income $10k - 20k:
Montgomery:
0.0% (0)
State:
4.5% (12,283)
Number of households with income $20k - 30k:
Montgomery:
0.0% (0)
State:
4.8% (13,135)
Number of households with income $30k - 40k:
Montgomery:
0.0% (0)
Illinois:
5.0% (13,655)
Number of households with income $40k - 50k:
Montgomery:
0.0% (0)
State:
4.5% (12,357)
Number of households with income $50k - 60k:
Montgomery:
18.2% (16)
Illinois:
4.9% (13,568)
Number of households with income $60k - 75k:
Montgomery:
0.0% (0)
Illinois:
7.1% (19,606)
Number of households with income $75k - 100k:
Montgomery:
29.5% (26)
Illinois:
12.1% (33,349)
Number of households with income $100k - 125k:
Montgomery:
0.0% (0)
Illinois:
9.7% (26,669)
Number of households with income $125k - 150k:
Montgomery:
52.3% (46)
Illinois:
7.3% (20,172)
Number of households with income $150k - 200k:
Montgomery:
0.0% (0)
Illinois:
11.5% (31,711)
Number of households with income > $200k:
Montgomery:
0.0% (0)
Illinois:
23.1% (63,411)
Aggregate household income in Montgomery in 2022: $10,323,857
Median family income in Montgomery in 2022:
Montgomery:
$121,256
State:
$124,630
Number of families with income $50k - 60k:
Montgomery:
16.4% (15)
State:
4.1% (7,974)
Number of families with income $75k - 100k:
Montgomery:
31.2% (28)
State:
12.3% (24,156)
Number of families with income $125k - 150k:
Montgomery:
52.4% (47)
Illinois:
8.0% (15,639)
Median per capita income in Montgomery in 2022:
Montgomery:
$32,794
State:
$52,977
Change in median per capita income between 2000 and 2022:: -24.2%
Montgomery, Illinois:
-24.2%
State:
+119.5%
Income statistics for Hispanic or Latino residents
Median household income in Montgomery, IL in 2022:
Montgomery:
$93,670
State:
$72,139
Number of households with income < $10k:
Montgomery:
0.0% (0)
State:
4.9% (33,145)
Number of households with income $10k - 20k:
Montgomery:
0.0% (0)
State:
5.4% (36,345)
Number of households with income $20k - 30k:
Montgomery:
7.1% (128)
Illinois:
7.5% (50,677)
Number of households with income $30k - 40k:
Montgomery:
1.7% (30)
State:
7.7% (52,008)
Number of households with income $40k - 50k:
Montgomery:
3.7% (67)
Illinois:
8.1% (54,702)
Number of households with income $50k - 60k:
Montgomery:
9.5% (171)
State:
7.5% (51,062)
Number of households with income $60k - 75k:
Montgomery:
5.9% (106)
State:
11.3% (76,576)
Number of households with income $75k - 100k:
Montgomery:
26.1% (469)
State:
15.5% (105,152)
Number of households with income $100k - 125k:
Montgomery:
21.5% (386)
Illinois:
11.5% (77,760)
Number of households with income $125k - 150k:
Montgomery:
5.3% (95)
State:
7.3% (49,310)
Number of households with income $150k - 200k:
Montgomery:
13.8% (248)
State:
7.6% (51,233)
Number of households with income > $200k:
Montgomery:
5.3% (95)
State:
5.9% (40,028)
Aggregate household income in Montgomery in 2022: $196,009,002
Median family income in Montgomery in 2022:
Montgomery:
$96,482
Illinois:
$76,467
Number of families with income $10k - 20k:
Montgomery:
1.4% (25)
State:
3.8% (19,314)
Number of families with income $20k - 30k:
Montgomery:
8.3% (142)
State:
6.8% (34,467)
Number of families with income $30k - 40k:
Montgomery:
4.4% (75)
Illinois:
7.5% (37,976)
Number of families with income $40k - 50k:
Montgomery:
4.0% (68)
State:
7.7% (38,858)
Number of families with income $50k - 60k:
Montgomery:
8.0% (137)
State:
7.6% (38,606)
Number of families with income $60k - 75k:
Montgomery:
3.4% (59)
State:
11.5% (58,164)
Number of families with income $75k - 100k:
Montgomery:
24.2% (416)
State:
16.0% (81,055)
Number of families with income $100k - 125k:
Montgomery:
21.6% (371)
Illinois:
12.1% (61,491)
Number of families with income $125k - 150k:
Montgomery:
6.9% (118)
State:
8.0% (40,271)
Number of families with income $150k - 200k:
Montgomery:
13.5% (232)
Illinois:
8.6% (43,536)
Number of families with income > $200k:
Montgomery:
4.3% (74)
State:
6.6% (33,240)
Median non-family income in Montgomery in 2022:
Montgomery:
$64,438
State:
$45,965
Median per capita income in Montgomery in 2022:
Montgomery:
$30,341
Illinois:
$26,551
Change in median per capita income between 2000 and 2022:
Montgomery, Illinois:
+127.5%
Illinois:
+111.0%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Montgomery:
0.0% (0)
State:
3.2% (935)
Number of households with income $10k - 20k:
Montgomery:
0.0% (0)
Illinois:
7.1% (2,053)
Number of households with income $20k - 30k:
Montgomery:
0.0% (0)
State:
10.1% (2,939)
Number of households with income $30k - 40k:
Montgomery:
0.0% (0)
State:
7.7% (2,246)
Number of households with income $40k - 50k:
Montgomery:
0.0% (0)
State:
7.9% (2,300)
Number of households with income $50k - 60k:
Montgomery:
22.0% (11)
State:
8.5% (2,460)
Number of households with income $60k - 75k:
Montgomery:
0.0% (0)
State:
10.7% (3,095)
Number of households with income $75k - 100k:
Montgomery:
78.0% (39)
State:
15.3% (4,451)
Number of households with income $100k - 125k:
Montgomery:
0.0% (0)
State:
11.7% (3,386)
Number of households with income $125k - 150k:
Montgomery:
0.0% (0)
State:
7.8% (2,269)
Number of households with income $150k - 200k:
Montgomery:
0.0% (0)
Illinois:
5.8% (1,673)
Number of households with income > $200k:
Montgomery:
0.0% (0)
State:
4.1% (1,198)
Aggregate household income in Montgomery in 2022: $13,816,631
Median per capita income in Montgomery in 2022:
Montgomery:
$25,344
Illinois:
$26,979
Income statistics for Multirace residents
Median household income in Montgomery, IL in 2022:
Montgomery:
$71,217
State:
$71,185
Change in median household income between 2000 and 2022:
Montgomery, Illinois:
+18.0%
Illinois:
+81.4%
Number of households with income < $10k:
Montgomery:
0.0% (0)
Illinois:
5.3% (21,595)
Number of households with income $10k - 20k:
Montgomery:
0.0% (0)
State:
6.5% (26,720)
Number of households with income $20k - 30k:
Montgomery:
13.0% (108)
State:
8.0% (32,573)
Number of households with income $30k - 40k:
Montgomery:
0.0% (0)
State:
8.4% (34,383)
Number of households with income $40k - 50k:
Montgomery:
5.9% (49)
State:
7.4% (30,234)
Number of households with income $50k - 60k:
Montgomery:
22.1% (183)
State:
6.9% (28,432)
Number of households with income $60k - 75k:
Montgomery:
7.8% (65)
State:
10.2% (41,780)
Number of households with income $75k - 100k:
Montgomery:
8.8% (73)
Illinois:
13.0% (53,426)
Number of households with income $100k - 125k:
Montgomery:
23.3% (193)
State:
10.5% (43,126)
Number of households with income $125k - 150k:
Montgomery:
0.0% (0)
State:
7.6% (31,153)
Number of households with income $150k - 200k:
Montgomery:
9.0% (75)
State:
7.6% (30,946)
Number of households with income > $200k:
Montgomery:
10.0% (83)
State:
8.6% (35,208)
Aggregate household income in Montgomery in 2022: $87,297,308
Median family income in Montgomery in 2022:
Montgomery:
$70,329
Illinois:
$84,400
Number of families with income $10k - 20k:
Montgomery:
6.4% (56)
Illinois:
4.2% (11,692)
Number of families with income $20k - 30k:
Montgomery:
12.1% (105)
State:
6.3% (17,559)
Number of families with income $40k - 50k:
Montgomery:
2.5% (22)
State:
7.1% (19,595)
Number of families with income $50k - 60k:
Montgomery:
23.2% (200)
Illinois:
6.9% (19,177)
Number of families with income $60k - 75k:
Montgomery:
5.3% (46)
State:
9.3% (25,936)
Number of families with income $75k - 100k:
Montgomery:
7.4% (64)
State:
13.6% (37,857)
Number of families with income $100k - 125k:
Montgomery:
25.3% (218)
State:
12.2% (33,852)
Number of families with income $150k - 200k:
Montgomery:
9.7% (84)
Illinois:
9.5% (26,306)
Number of families with income > $200k:
Montgomery:
8.1% (70)
State:
10.4% (28,926)
Median per capita income in Montgomery in 2022:
Montgomery:
$20,781
State:
$29,285
Change in median per capita income between 2000 and 2022:
Montgomery, Illinois:
+7.6%
Illinois:
+112.9%
Income statistics for other residents
Median household income in Montgomery, IL in 2022:
Montgomery:
$112,524
State:
$71,711
Number of households with income < $10k:
Montgomery:
0.0% (0)
State:
5.7% (16,383)
Number of households with income $10k - 20k:
Montgomery:
0.0% (0)
Illinois:
4.8% (13,886)
Number of households with income $20k - 30k:
Montgomery:
4.4% (42)
State:
7.0% (20,054)
Number of households with income $30k - 40k:
Montgomery:
0.0% (0)
State:
7.0% (20,038)
Number of households with income $40k - 50k:
Montgomery:
1.7% (16)
Illinois:
8.3% (23,759)
Number of households with income $50k - 60k:
Montgomery:
1.1% (10)
State:
7.8% (22,410)
Number of households with income $60k - 75k:
Montgomery:
0.0% (0)
Illinois:
12.0% (34,448)
Number of households with income $75k - 100k:
Montgomery:
38.9% (369)
State:
16.2% (46,508)
Number of households with income $100k - 125k:
Montgomery:
15.6% (148)
State:
12.5% (35,952)
Number of households with income $125k - 150k:
Montgomery:
8.4% (80)
State:
6.9% (19,732)
Number of households with income $150k - 200k:
Montgomery:
25.9% (246)
Illinois:
7.5% (21,422)
Number of households with income > $200k:
Montgomery:
3.9% (37)
Illinois:
4.3% (12,194)
Aggregate household income in Montgomery in 2022: $116,158,101
Median family income in Montgomery in 2022:
Montgomery:
$115,464
State:
$74,069
Number of families with income $20k - 30k:
Montgomery:
5.7% (48)
State:
6.8% (15,193)
Number of families with income $40k - 50k:
Montgomery:
1.3% (11)
Illinois:
8.1% (18,155)
Number of families with income $75k - 100k:
Montgomery:
38.6% (325)
Illinois:
17.2% (38,560)
Number of families with income $100k - 125k:
Montgomery:
15.0% (126)
State:
12.3% (27,638)
Number of families with income $125k - 150k:
Montgomery:
9.1% (77)
Illinois:
7.3% (16,287)
Number of families with income $150k - 200k:
Montgomery:
26.6% (224)
Illinois:
7.7% (17,122)
Number of families with income > $200k:
Montgomery:
3.7% (31)
State:
4.6% (10,400)
Median per capita income in Montgomery in 2022:
Montgomery:
$38,190
State:
$25,392
Change in median per capita income between 2000 and 2022:
Montgomery, Illinois:
+110.4%
Illinois:
+117.4%
Discuss Montgomery, Illinois (IL) on our hugely popular Illinois forum.
-11.3%
+90.2%
