Montgomery, IL
21,515Residents
$103,734Median household income
$1,984/moMedian gross rent
$299,500Median home value
35.3Median age
29%Adults with a bachelor’s degree or higher
79%Homes lived in by their owners
2.9×Home value to household income
Median rent takes about 23% of the median household income in Montgomery.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $79,000 a year. In Illinois that leaves roughly $5,041 a month after tax. See the full paycheck breakdown for $80,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.