Cost of Living in Montgomery County, NC

What does it cost to live in Montgomery County? Income, housing, and affordability breakdown.

Median Income

$55,523

Median Rent

$710/mo

Median Home

$139,900

Affordability

551

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$707
Property Tax$86
Insurance$47

Total Monthly$840
% of Income18.2%

Renting

Median Rent$710
Renter's Insurance$25

Total Monthly$735
% of Income15.3%

Living in Montgomery County, North Carolina

Montgomery County has a median household income of $55,523 with housing costs that represent 18.2% of income for owners and 15.3% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 551 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Family and education

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.