This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
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.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Montgomery, New York is a small city with a population of 4,519 residents. With a population density of 3,215 people per square mile, Montgomery is well above the nation's average density level. If we take a look at the last Census, the vast majority of the population falls within one racial group (75% White). Given that fact, Montgomery could be considered less diverse than other cities. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Montgomery, your commute times will be about average, with a one way commute time of 28 minutes.
Living in Montgomery can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of New York, there are many incredible 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. The best areas in Montgomery and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, health & safety, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the New York and national averages.
With a livability score of 74 out of 100, Montgomery is ranked #3,747 in the United States and #243 in New York. If we dig down a little deeper into each category within the livability score, we see that Montgomery has higher than average scores for the following: crime (B+), education (B-), employment (A+) and housing (A+). There is at least one category that does not have great scores in Montgomery. The following was graded with a concerning score: amenities (F) and cost of living (F).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Montgomery has an unemployment rate of 2.63% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Montgomery can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Montgomery real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Montgomery. Median real estate prices in Montgomery come in at $265,600, which is 7.2% lower than the New York 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, which is 36.2% lower than the New York average.
Statistic | Montgomery | New York | National |
Average one way commute | 28min | 33min | 26min |
Workers who drive to work | 84.8% | 53.0% | 76.4% |
Workers who carpool | 6.7% | 6.7% | 9.3% |
Workers who take public transit | 3.7% | 28.0% | 5.1% |
Workers who bicycle | 0.0% | 0.7% | 0.6% |
Workers who walk | 1.1% | 6.3% | 2.8% |
Working from home | 2.6% | 4.0% | 4.6% |