Here's what it costs to live in Montgomery, Alabama, based on the latest US government data. Renters pay a median of $1,059 per month, while the typical home is valued around $148,500. Households earn a median of $55,687 per year, leaving rent at a manageable share of income for many residents. Air quality is moderate, with an average AQI of 55. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$55,687
Annual · Census ACS
Median Gross Rent
$1,059
Per month · Census ACS
Median Home Value
$148,500
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$860
HUD Fair Market Rent
1BR Fair Market Rent
$870
HUD FMR
2BR Fair Market Rent
$1,016
HUD FMR
3BR Fair Market Rent
$1,304
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
5.00%
Top marginal rate
State Sales Tax
4.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
198,440
Latest estimate
Median Age
36.2 yrs
Census ACS
Average AQI
55.0
Source: EPA AirNow
What is the cost of living index for Montgomery?
The cost of living index for Montgomery is not yet available in our database.
What is the median rent in Montgomery?
The median gross rent in Montgomery is $1,059 per month according to US Census ACS data.
What is the median household income in Montgomery?
The median household income in Montgomery is $55,687 per year.
What is the median home value in Montgomery?
The median home value in Montgomery is $148,500 based on the latest Census ACS survey.
How is the air quality in Montgomery?
Montgomery has an average Air Quality Index (AQI) of 55.0, which is rated "Moderate" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Montgomery?
Alabama has a top state income tax rate of 5.00% and a statewide sales tax of 4.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology