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Montgomery County Housing Market

North Carolina · 100 counties · Ranked #1151 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$150,300

vs national$150,300 vs $281,900 national

Median Gross Rent

$753/mo

vs national$753 vs $1,163 national

Effective Tax Rate

0.70%

vs national0.70% vs 1.02% national

Median Household Income

$55,849

vs national$55,849 vs $74,755 national

Affordability Ratio

2.7x

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

Rent Burden

23.0%

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

More Housing Data

Property Tax (Median)

$1,057

Tax as % of Home Value

0.70%

Monthly Owner Cost

$645

Renter Income

$35,566

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Mortgage

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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 $150,300. This is below the national median of $281,900.

How much is rent in Montgomery County?

The median gross rent in Montgomery County is $753 per month.

What is the property tax rate in Montgomery County?

The effective property tax rate in Montgomery County is 0.70%. The median annual property tax bill is $1,057.

Is Montgomery County affordable?

With a home-value-to-income ratio of 2.7x, 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.