Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Located in the state of Minnesota, Montgomery is a small city with a population of 3,008 inhabitants. According to the most recent Census, 91% of Montgomery residents are White, 2% Black and 2% American Indian and Alaskan. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Montgomery entails a longer-than-average one-way commute time, averaging 30 minutes.
Living in Montgomery can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of Minnesota, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Montgomery, AreaVibes has created a livability score using key metrics like amenities, cost of living, commute, health & safety, housing and more.
Montgomery, MN receives 69/100 for its livability score; this results in a ranking of #300 in Minnesota and #7,283 in the USA. For each of the livability categories, we know that Montgomery ranks very well for crime (A+), cost of living (A+), employment (B-) and housing (A+). On a more negative note, Montgomery does not have favorable scores for the following: amenities (F). If we take a look at the data, we can find out why.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Montgomery has a violent crime rate of 57 crimes per 100,000 residents which is far lower than the national average.
When contemplating a move, job prospects often top the list of priorities. In Montgomery, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.33% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Montgomery apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Montgomery is real estate affordability. Median real estate prices in Montgomery come in at $175,300, which is 8.5% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Montgomery, the home price to income ratio is 3.1, which is 3.3% higher than the Minnesota average.
| Statistic | Montgomery | Minnesota | National |
| Average one way commute | 30min | 23min | 26min |
| Workers who drive to work | 73.3% | 78.0% | 76.4% |
| Workers who carpool | 8.7% | 8.7% | 9.3% |
| Workers who take public transit | 0.6% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 7.9% | 2.8% | 2.8% |
| Working from home | 9.6% | 5.3% | 4.6% |
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