1st Advantage MortgageIn Montgomery County, Missouri, the typical household earns $65,500 a year and the typical rent is $788. Use those as context only. A lender looks at your own documented income and debts; compare APR and total repaid on every Montgomery County offer.
On this page
- A quick profile of Montgomery County
- Income in Montgomery County compared with Missouri
- Montgomery County against other Missouri counties
- Montgomery County industries and commutes
- The Montgomery County housing market in figures
- How Montgomery County compares with nearby counties
- Montgomery County communities by population
- Age, degrees and coverage in Montgomery County
- What the numbers mean for Montgomery County borrowers
- A Montgomery County household budget, worked through
- Missouri rules that apply in Montgomery County
- A Montgomery County borrower's checklist
- Keep exploring
- Frequently asked questions
A quick profile of Montgomery County
With an estimated 11,426 residents (ACS 2020 to 2024), Montgomery County ranks 79th of 115 in Missouri for population. It covers 535 square miles of land, or about 21 people per square mile. Montgomery County is classed as nonmetropolitan in the OMB's July 2023 list. The Census Bureau counts 12 places in the county (9 incorporated, 3 census-designated); the largest is Montgomery City, with about 2,801 residents, or 25% of the county.
Income in Montgomery County compared with Missouri
Montgomery County households have a median income of $65,500 (ACS 2020 to 2024), which ranks 32nd of 115 in Missouri.
| Band | Montgomery County | Compared with Missouri |
|---|---|---|
| Under $35,000 | 27.0% | +3.4 pts |
| $35,000 to $99,999 | 46.2% | +3.8 pts |
| $100,000 to $199,999 | 22.5% | -2.8 pts |
| $200,000 or more | 4.3% | -4.4 pts |
The spread is wide: 27% of Montgomery County households make $100,000 or more, and 27% make less than $35,000. Poverty rate, Montgomery County: 13.9%; Missouri: 12.6%. Montgomery County scores 0.421 on the Gini index, where higher means more unequal incomes. Income from any regular source can count, including Social Security, pensions and disability benefits, as long as you can document it.
Montgomery County against other Missouri counties
Out of every Missouri county, Montgomery County is most unusual on these measures.
- Montgomery County ranks 12th lowest of 115 Missouri counties for households without a vehicle: 3.5%, against 6.6% statewide. Nearly every household has a vehicle, so repair costs are a common reason to borrow.
- The share of commutes over 45 minutes: 25% in Montgomery County. Only 15 of 115 Missouri counties are higher. Long drives make car repairs a common emergency; get two written quotes.
Montgomery County industries and commutes
Top Montgomery County industry by residents employed: manufacturing, 18%; second, education and health care, 17%. Relative to Missouri (11%), manufacturing is 6 points bigger in Montgomery County (18%). Unemployment in Montgomery County, ACS five-year: 3.0%; Missouri: 4.0%. 30% of Montgomery County workers get to work in under 15 minutes, while 25% need 45 or more.
| Where residents work | Montgomery County | Difference from Missouri |
|---|---|---|
| Manufacturing | 17.5% | +6.3 pts |
| Education and health care | 17.4% | -6.9 pts |
| Retail trade | 13.3% | +1.9 pts |
| Construction | 10.8% | +4.0 pts |
| Transportation, warehousing and utilities | 8.0% | +2.1 pts |
| Agriculture, forestry and mining | 7.5% | +5.9 pts |
Seasonal work is common in many Montgomery County industries; if that is you, show a full year of income rather than one strong month.
The Montgomery County housing market in figures
Montgomery County rent at the median: $788 a month, utilities in ($1,033 in Missouri). Cost-burdened renters, paying 30%-plus of income: 33% in Montgomery County, 46% statewide. Median value $178,700; median income $65,500; ratio 2.7. In Montgomery County, 73% of occupied homes are owned by the people living in them. Nationally, Montgomery County's $788 rent is 10% below the middle county.
| Measure | Montgomery County | Missouri | Gap |
|---|---|---|---|
| Rent-burdened renters | 33% | 46% | -12.6 pts |
| Mobile homes | 11.8% | 5.2% | +6.7 pts |
| Owners | 73% | 68% | +5.3 pts |
| Median gross rent | $788/mo | $1,033/mo | 24% lower |
| Median home value | $178,700 | $230,300 | 22% lower |
| Burdened owners | 24% | 22% | +2.2 pts |
Owners with equity have a second option. Weigh a secured line against an unsecured loan by risk as well as cost before you choose (how they compare).
How Montgomery County compares with nearby counties
Distances run center to center, from Warren County at 20 miles out to Gasconade County at 34. 3 of the six report a higher median household income than Montgomery County; Lincoln County is highest at $89,278 and Pike County lowest at $54,989.
| Adjacent area | How far | HH income (median) | Rent (median) | Owner share |
|---|---|---|---|---|
| Montgomery County | - | $65,500 | $788/mo | 73% |
| Warren County, MO | 20 mi | $81,209 | $995/mo | 80% |
| Callaway County, MO | 26 mi | $74,176 | $887/mo | 76% |
| Audrain County, MO | 28 mi | $59,448 | $693/mo | 72% |
| Lincoln County, MO | 28 mi | $89,278 | $961/mo | 79% |
| Pike County, MO | 32 mi | $54,989 | $778/mo | 73% |
| Gasconade County, MO | 34 mi | $64,232 | $743/mo | 81% |
Montgomery County communities by population
The table lists the 12 largest of 12 Census places in Montgomery County, by population. Together all 12 hold about 6,561 people, so roughly 43% of residents live outside any named place. Incomes vary by place: $74,821 at the median in Jonesburg, $42,174 in New Florence. Rent is cheapest in Wellsville ($725) and steepest in Jonesburg ($912). From Montgomery City to the smallest crossroads, Montgomery County residents share this guide.
| Town or CDP | Type | People | Median household income | Median gross rent | Miles from center |
|---|---|---|---|---|---|
| Montgomery City | city | 2,801 | $57,500 | $767 | 3 mi |
| Wellsville | city | 1,165 | $61,429 | $725 | 11 mi |
| Jonesburg | city | 806 | $74,821 | $912 | 10 mi |
| New Florence | city | 667 | $42,174 | $869 | 2 mi |
| Middletown | town | 248 | $50,625 | $773 | 14 mi |
| Bellflower | city | 238 | $45,313 | $907 | 8 mi |
| High Hill | city | 238 | $63,750 | $538 | 6 mi |
| Rhineland | town | 165 | $95,625 | $688 | 15 mi |
| Big Spring | CDP | 140 | $100,500 | n/a | 10 mi |
| McKittrick | town | 93 | n/a | $1,068 | 14 mi |
| Buell | CDP | 0 | n/a | n/a | 7 mi |
| Danville | CDP | 0 | n/a | n/a | 4 mi |
Age, degrees and coverage in Montgomery County
Degree holders: 18% of adults over 25. The uninsured rate is 9.9%, against 8.8% for Missouri.
| People and households | Montgomery County | Compared with Missouri | Compared with median county |
|---|---|---|---|
| Bachelor's or higher | 17.7% | -14.7 pts | -4.5 pts |
| Median age | 43.6 | +4.6 yrs | +2.1 yrs |
| Work from home | 9.0% | -4.0 pts | +0.4 pts |
| No vehicle | 3.5% | -3.1 pts | -1.9 pts |
| No high school diploma | 11.3% | +3.1 pts | n/a |
| Poverty rate | 13.9% | +1.3 pts | +0.7 pts |
| No health insurance | 9.9% | +1.1 pts | +2.0 pts |
| Unemployment (ACS) | 3.0% | -1.0 pts | -1.4 pts |
| Trip time | Share |
|---|---|
| Under 15 min | 29.9% |
| 15 to 29 min | 23.1% |
| 30 to 44 min | 21.5% |
| 45 to 59 min | 14.3% |
| 60+ min | 11.1% |
What the numbers mean for Montgomery County borrowers
Where the Montgomery County numbers stand out, and why it matters for a loan:
- Long drives. With 25% of commutes over 45 minutes, tires and repairs are fixed costs in many Montgomery County budgets.
- Debt consolidation. One fixed payment can save money only if the written APR and fees beat what you pay now (guide).
- Know your credit. Review all three bureau reports for free (AnnualCreditReport.com).
A Montgomery County household budget, worked through
The debt-to-income ratio is the main affordability test lenders use. Applied to Montgomery County's medians:
- $65,500 a year is $5,458 of gross monthly income
- Median rent: $788, or 14 cents of every gross dollar
- At 36%, room after rent is $1,177 a month
Lenders set their own limits and look beyond the ratio. The DTI calculator uses your figures instead of Montgomery County's.
Missouri rules that apply in Montgomery County
The Missouri Division of Finance is the place to verify any lender's Missouri license. If a Montgomery County lender ignores a dispute, the CFPB complaint portal is the federal backstop. See the Missouri state guide for the statewide picture.
A Montgomery County borrower's checklist
Four checks before you sign anything:
- Price the Montgomery County expense first and borrow that amount, no more.
- Prequalify with soft pulls where offered, then compare in writing.
- Only work with lenders licensed for Missouri borrowers.
- Lock paid-off cards after consolidating so balances stay at zero.
Keep exploring
For statewide rules and data, see the Missouri guide.
Frequently asked questions
Where does Montgomery County rank on income in Missouri?
32nd of 115, with a median of $65,500. The state median is $70,702.
How much is rent in Montgomery County?
Median gross rent, utilities included, is $788 a month; 33% of renters spend 30% or more of income on it.
Is home equity cheaper than a personal loan in Montgomery County?
Often, because the home secures it. With 73% of Montgomery County homes owner-occupied, weigh that lower cost against the risk to the house.
I live in a small Montgomery County town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Montgomery City, Wellsville, Jonesburg, New Florence, Middletown and 7 more.
Will a Montgomery County address affect my match?
Beyond confirming Missouri as your state, no. Your answers about amount, credit, income and payments are all that count.