Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

8 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,379

Average Rent as Percentage of Gross Income

Median rent for 2018: $833

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $6,071
--Home Prepared Food $3,421
--Restaurant/Takeaway Food $2,650
Alcoholic Beverages $446
Housing $15,388
--Rent/Mortgage/Upkeep/Taxes $8,998
--Utilities $3,102
--Operations $1,168
--Supplies $572
--Furnishings $1,554
Apparel $1,427
--Men & Boys $319
--Women & Girls $578
--Children < 2 $6
--Footwear $301
Transportation $7,474
--New Vehicles $1,397
--Used Vehicles $1,596
--Fuel $1,614
--Insurance $747
--Public Transit $626
Healthcare $3,806
Entertainment $2,469
--Pets $506
--Toys $120
Personal Care Products $590
Books & Literature $84
Education $1,078
Tobacco Products $265
Miscellaneous $759
Retirement $1,445
Non-health Insurance $5,589
Total Expenditures $46,893

Selected Population Data

Period Geography Population
2014 Montgomery city, Minnesota 2,935
2015 Montgomery city, Minnesota 2,934
2016 Montgomery city, Minnesota 2,919
2017 Montgomery city, Minnesota 2,921
2018 Montgomery city, Minnesota 2,936