The Montgomery metro is home to 385,159 people (up 3.1% over five years), with a median household income of $62,746. Typical rent of $1,383/month works out to 26.4% of the median household income — near the 30% affordability threshold (Census ACS + Zillow, September 2026).
The share of Montgomery's workforce by sector — the base of tenant demand:
| Sector | % of workforce |
|---|---|
| Education & health care | 21.8% |
| Manufacturing | 12.3% |
| Retail trade | 11.3% |
| Public administration | 10.7% |
| Professional & management | 10.3% |
Education & health care is the metro's largest employment base — sectors like education and health care are recession-resilient anchors for rental demand.
Rents at 26.4% of median income leave moderate headroom; underwrite rent growth conservatively. Market pricing, yields and the Star Score live on the Montgomery market page; run a deal in the calculator.
At the 30%-of-income affordability rule, typical rent of $1,383/month suggests a household income around $55,000/year. The metro's median household income is $62,746.
By workforce share: Education & health care (21.8%), Manufacturing (12.3%), Retail trade (11.3%) (Census ACS 5-year).