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According to statistics, the population in Montgomery, AL amounts to 200,761, which shows decline 0% compared to the previous year. The median age of the city’s residents is 35. The average household income is $44,339, shifting growth 2% from the past year, and the average property value in Montgomery, AL growth 1% to $118,000 throughout the year.
|Number Of Employees||88,055|
|Median Property Value||$118,000|
The average household income in Montgomery, AL grew from $43,440 to $44,339 in the past year. This data is an estimate based upon 79,433 households in Montgomery, AL . The chart below presents how household income is distributed in Montgomery, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Montgomery, AL shifted from $116,600 to $118,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Montgomery, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Montgomery, AL properties falls in the '$100,000 to $124,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Montgomery, AL compared to median property taxes around the country. The prevalent amount of property taxes in Montgomery, AL equals $800, which is less than the national average.