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Montgomery County Housing Market

New York · 62 counties · Ranked #985 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$141,600

vs national$141,600 vs $281,900 national

Median Gross Rent

$921/mo

vs national$921 vs $1,163 national

Effective Tax Rate

2.56%

vs national+2.56% vs 1.02% national

Median Household Income

$62,923

vs national$62,923 vs $74,755 national

Affordability Ratio

2.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,630

Tax as % of Home Value

2.56%

Monthly Owner Cost

$1,001

Renter Income

$35,287

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Montgomery County?

The median home value in Montgomery County is $141,600. This is below the national median of $281,900.

How much is rent in Montgomery County?

The median gross rent in Montgomery County is $921 per month.

What is the property tax rate in Montgomery County?

The effective property tax rate in Montgomery County is 2.56%. The median annual property tax bill is $3,630.

Is Montgomery County affordable?

With a home-value-to-income ratio of 2.3x, Montgomery County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.