Montgomery, AL

MONTGOMERY, ALABAMA: Demographic and Financial Snapshot

(Last updated on 1.12.21)

 

AGE IN MONTGOMERY, ALABAMA

Age RangePopulationPercent
20 to 24 years15,7247.9%
25 to 29 years15,8877.9%
30 to 34 years13,9777.0%
35 to 39 years12,3506.2%
40 to 44 years12,9626.5%
45 to 49 years11,7535.9%
50 to 54 years12,3766.2%
55 to 59 years12,6566.3%
60 to 64 years11,3145.7%
65 to 69 years9,3964.7%
70 to 74 years6,3383.2%
75 to 79 years5,1962.6%
80 to 84 years3,4611.7%
85+ years3,0431.5%

The median age in Montgomery is 35.3 years

Source: US Census Data; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Age

 

ETHNICITY IN MONTGOMERY, ALABAMA

EthnicityPopulationPercent
White66,58633.3%
Black or African American121,38160.6%
American Indian and Alaska Native3410.2%
Asian5,6552.8%
Native Hawaiian and Other Pacific Islander270.0%
Other2,4431.2%

Source: US Census; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Race

 

EDUCATION IN MONTGOMERY, ALABAMA

Education LevelPopulationPercent
Less than 9th grade5,8744.5%
9th to 12th grade, no diploma13,41510.3%
High school graduate (includes GED)33,34625.5%
Some college, no degree28,01321.4%
Associate’s degree8,7386.7%
Bachelor’s degree24,45218.7%
Graduate or professional degree16,87112.9%
High school graduate or higher111,42085.2%
Bachelor’s degree or higher41,32331.6%
Less than Bachelor’s degree89,38668.4%

Source: US Census; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Education (population 25+ years)

 

HOUSEHOLD INCOME IN MONTGOMERY, ALABAMA

Annual Household IncomePercent
Less than $10,0009.5%
$10,000 to $14,9996.8%
$15,000 to $24,99912.6%
$25,000 to $34,99910.8%
$35,000 to $49,99913.8%
$50,000 to $74,99916.9%
$75,000 to $99,99911.0%
$100,000 to $149,99911.0%
$150,000 to $199,9993.8%
$200,000 or more3.8%

Median household income: $45,921

Mean household income: $65,986

Source: US Census; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Household Income

 

HOUSEHOLD INCOME BY EDUCATION IN MONTGOMERY, ALABAMA

Education LevelAverage Income
Less than high school graduate$20,183
High school graduate (includes GED)$23,594
Some college or Associate’s degree$30,544
Bachelor’s degree$44,185
Graduate or professional degree$57,876

Source: US Census; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Median earnings in past 12 months by education (population 25+ years with earnings)

 

MARITAL STATUS IN MONTGOMERY, ALABAMA

PopulationPercent
Population 15+ years 159,929 NA
Never married69,57943.5%
Now married (except separated)57,18035.8%
Separated4,9263.1%
Widowed9,1255.7%
Divorced19,11912.0%

Source: US Census; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Marital Status for population 15 years and over

 

POVERTY STATUS IN MONTGOMERY, ALABAMA

PopulationPercent
Living beneath poverty line39,78220.6%

Source: US Census; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Poverty Rate

 

HOUSING IN MONTGOMERY, ALABAMA

Owner-occupied housing units43,866
Renter-occupied housing units35,502
Single-family detached units63,460
Homeownership rate55.3%
Vacancy rate13.9%
Renters rate44.7%
Average housing value$157,348
Average monthly owner cost (with mortgage)$821
Average rent$704

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Housing Characteristics

 

SOCIOECONOMIC CHARACTERISTICS IN MONTGOMERY, ALABAMA

Average income$65,986
Average household size2.44
Percent population 16 years and over in labor force61.7%
Percent disabled16.2%
Percent with health coverage89.0%
Average travel time to work (in minutes)19.7
Percent workers using public transportation0.6%
Percent veterans9.5%
Percent foreign born5.0%
Percent speaking Spanish at home1.4%

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Socioeconomic Characteristics

 

CONSUMER SPENDING IN MONTGOMERY, ALABAMA

Total consumer expenditures per household$55,780.23
Alcoholic beverages$423.47
Alcoholic beverages consumed at home$251.06
Beer consumed away from home$75.20
Wine consumed away from home$36.25
Apparel & services$1,622.93
Men’s apparel$307.22
Women’s apparel$541.26
Children’s apparel$251.35
Boys’ apparel$86.02
Girls’ apparel$95.39
Footwear$369.53
Dining out (food away from home)$2,783.40
Dining out – Breakfast$283.34
Dining out – Lunch$871.07
Dining out – Dinner$1,288.37
Education$1,137.65
Entertainment / recreation$2,410.72
Club membership fees$166.99
Dating services$0.64
Pet food$196.80
Pet services$47.40
Food consumed at home$3,924.32
Bakery products consumed at home$515.38
Dairy products consumed at home$399.48
Fruits and vegetables consumed at home$759.01
Meat, poultry, fish, eggs consumed at home$872.58
Nonalcoholic beverages consumed at home$390.00
Snacks / other food products consumed at home$1,377.88
Health care$4,453.84
Medical services$808.26
Nonprescription drugs$110.46
Household Services$1,526.10
Care for the elderly and handicapped$59.04
Lawn and garden services$326.96
Housekeeping services$126.91
PC repair$5.05
Housing$17,489.63
Home improvements$1,864.23
Utilities, fuel, and public services$3,755.63
Phone services$1,356.94
Water$552.33
Life and other insurance$335.75
Pensions and social security$5,896.68
Personal care products and services$675.37
Hair care products$81.30
Personal care products$288.10
Local transportation$6,525.96
Gasoline$1,711.45
Vehicle maintenance and repair$876.47
Travel$1,593.31
Airline fares$383.36
Auto / truck rental on trips$18.69
Lodging on trips$436.95
Food and drink on trips$386.18
Entertainment on trips$137.03

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Consumer Spending (Consumer expenditures per household)

 

DEBT IN MONTGOMERY COUNTY (home to MONTGOMERY, ALABAMA)

% with any debt in collections48%
Average debt in collections$1,892
% with medical debt in collections23%
Average medical debt in collections$1,131
% with student loan debt22%
Average student loan debt$28,442
Average monthly student loan payment$205
% with auto debt25%

Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program
: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point
: Consumer Debt

 

UNEMPLOYMENT IN MONTGOMERY, ALABAMA

YearPopulationPercent
January 20193,9874.3%
February 20193,7304.0%
March 20193,3123.6%
April 20192,6022.8%
May 20192,3932.6%
June 20193,1073.4%
July 20192,9983.3%
August 20192,8773.1%
September 20192,5342.8%
October 20192,5072.7%
November 20192,3812.6%
December 20192,4742.7%
January 20203,0973.4%
February 20202,8103.1%
March 20202,9783.3%
April 202014,55015.7%
May 202011,40412.1%
June 202010,58111.5%
July 202011,67712.4%
August 20208,3539.0%
September 20209,89010.5%
October 20208,3879.0%

Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program
: Local Area Employment Statistics
Data Point
: Unemployment totals (not seasonally adjusted)

Read More

Learn more about Alabama, lending statistics in the following cities…