The median household income in Montgomery, WV in 2022 was $27,168, which was 100.0% less than the median annual income of $54,329 across the entire state of West Virginia. Compared to the median income of $20,606 in 2000 this represents an increase of 24.2%. The per capita income in 2022 was $18,609, which means an increase of 32.0% compared to 2000 when it was $12,663.
Whole page based on the data from 2000 / 2022 when the population of Montgomery, West Virginia was 1,942 / 1,664
Income statistics for all residents
Median household income in Montgomery, WV in 2022:
Montgomery:
$27,169
State:
$54,329
Change in median household income between 2000 and 2022:
Montgomery, West Virginia:
+31.8%
State:
+83.0%
Number of households with income < $10k:
Montgomery:
18.9% (128)
State:
7.1% (52,185)
Number of households with income $10k - 20k:
Montgomery:
22.1% (150)
State:
11.0% (81,114)
Number of households with income $20k - 30k:
Montgomery:
11.5% (78)
West Virginia:
10.5% (77,246)
Number of households with income $30k - 40k:
Montgomery:
15.9% (108)
State:
9.6% (70,812)
Number of households with income $40k - 50k:
Montgomery:
2.8% (19)
State:
8.2% (60,448)
Number of households with income $50k - 60k:
Montgomery:
7.8% (53)
State:
7.5% (55,191)
Number of households with income $60k - 75k:
Montgomery:
8.0% (54)
State:
9.9% (72,717)
Number of households with income $75k - 100k:
Montgomery:
5.8% (39)
State:
12.2% (89,685)
Number of households with income $100k - 125k:
Montgomery:
2.8% (19)
State:
8.8% (64,450)
Number of households with income $125k - 150k:
Montgomery:
1.8% (12)
State:
5.4% (39,984)
Number of households with income $150k - 200k:
Montgomery:
1.8% (12)
State:
5.1% (37,216)
Number of households with income > $200k:
Montgomery:
0.9% (6)
State:
4.8% (35,293)
Aggregate household income in Montgomery in 2022: $28,025,565
Median family income in Montgomery in 2022:
Montgomery:
$39,200
West Virginia:
$70,318
Number of families with income < $10k:
Montgomery:
19.4% (56)
State:
4.7% (21,958)
Number of families with income $10k - 20k:
Montgomery:
8.7% (25)
State:
5.6% (25,990)
Number of families with income $20k - 30k:
Montgomery:
4.1% (12)
State:
8.1% (37,431)
Number of families with income $30k - 40k:
Montgomery:
19.2% (55)
West Virginia:
8.2% (38,076)
Number of families with income $40k - 50k:
Montgomery:
1.8% (5)
State:
7.8% (36,276)
Number of families with income $50k - 60k:
Montgomery:
15.3% (44)
State:
7.7% (35,855)
Number of families with income $60k - 75k:
Montgomery:
5.1% (15)
State:
11.1% (51,575)
Number of families with income $75k - 100k:
Montgomery:
10.7% (31)
West Virginia:
14.7% (68,220)
Number of families with income $100k - 125k:
Montgomery:
7.2% (21)
State:
11.2% (51,983)
Number of families with income $125k - 150k:
Montgomery:
3.8% (11)
West Virginia:
7.2% (33,354)
Number of families with income $150k - 200k:
Montgomery:
2.9% (8)
State:
7.1% (32,736)
Number of families with income > $200k:
Montgomery:
1.8% (5)
State:
6.4% (29,610)
Median income for 2 person families:
Montgomery:
$81,523
State:
$61,929
Median non-family income in Montgomery in 2022:
Montgomery:
$21,026
West Virginia:
$31,082
Change in median non-family income between 2000 and 2022:
Montgomery, West Virginia:
+65.7%
West Virginia:
+94.2%
Median per capita income in Montgomery in 2022:
Montgomery:
$18,610
West Virginia:
$31,922
Change in median per capita income between 2000 and 2022:
Montgomery, West Virginia:
+47.0%
State:
+93.7%
Income statistics for White residents
Median household income in Montgomery, WV in 2022:
Montgomery:
$27,833
State:
$55,407
Change in median household income between 2000 and 2022:
Montgomery, West Virginia:
+23.7%
West Virginia:
+84.6%
Number of households with income < $10k:
Montgomery:
14.2% (80)
State:
6.6% (44,487)
Number of households with income $10k - 20k:
Montgomery:
25.6% (144)
West Virginia:
10.8% (73,331)
Number of households with income $20k - 30k:
Montgomery:
13.2% (74)
State:
10.3% (70,092)
Number of households with income $30k - 40k:
Montgomery:
16.9% (95)
West Virginia:
9.6% (64,693)
Number of households with income $40k - 50k:
Montgomery:
3.2% (18)
State:
8.3% (55,937)
Number of households with income $50k - 60k:
Montgomery:
2.1% (12)
State:
7.6% (51,718)
Number of households with income $60k - 75k:
Montgomery:
9.6% (54)
State:
10.1% (68,097)
Number of households with income $75k - 100k:
Montgomery:
6.9% (39)
State:
12.4% (84,323)
Number of households with income $100k - 125k:
Montgomery:
3.6% (20)
State:
9.0% (60,937)
Number of households with income $125k - 150k:
Montgomery:
2.0% (11)
State:
5.5% (36,957)
Number of households with income $150k - 200k:
Montgomery:
2.1% (12)
State:
5.1% (34,631)
Number of households with income > $200k:
Montgomery:
0.5% (3)
West Virginia:
4.7% (32,099)
Aggregate household income in Montgomery in 2022: $23,148,144
Median family income in Montgomery in 2022:
Montgomery:
$37,565
State:
$71,094
Number of families with income < $10k:
Montgomery:
15.6% (33)
State:
4.2% (18,159)
Number of families with income $10k - 20k:
Montgomery:
12.2% (26)
State:
5.5% (23,670)
Number of families with income $20k - 30k:
Montgomery:
6.3% (13)
State:
7.7% (33,068)
Number of families with income $30k - 40k:
Montgomery:
22.8% (48)
State:
8.1% (34,621)
Number of families with income $40k - 50k:
Montgomery:
2.7% (6)
State:
7.9% (33,944)
Number of families with income $60k - 75k:
Montgomery:
6.3% (13)
State:
11.3% (48,141)
Number of families with income $75k - 100k:
Montgomery:
14.1% (29)
State:
15.1% (64,623)
Number of families with income $100k - 125k:
Montgomery:
10.1% (21)
State:
11.4% (48,882)
Number of families with income $125k - 150k:
Montgomery:
4.8% (10)
State:
7.3% (31,003)
Number of families with income $150k - 200k:
Montgomery:
3.9% (8)
State:
7.1% (30,474)
Number of families with income > $200k:
Montgomery:
1.2% (3)
State:
6.3% (26,793)
Median non-family income in Montgomery in 2022:
Montgomery:
$21,454
West Virginia:
$31,521
Change in median non-family income between 2000 and 2022:
Montgomery, West Virginia:
+51.0%
West Virginia:
+94.8%
Median per capita income in Montgomery in 2022:
Montgomery:
$21,080
State:
$32,764
Change in median per capita income between 2000 and 2022:
Montgomery, West Virginia:
+50.6%
West Virginia:
+97.2%
Income statistics for Black or African American residents
Median household income in Montgomery, WV in 2022:
Montgomery:
$2,499
State:
$32,322
Change in median household income between 2000 and 2022:: -80.3%
Montgomery, West Virginia:
-80.3%
West Virginia:
+57.6%
Number of households with income < $10k:
Montgomery:
73.1% (57)
State:
17.4% (3,775)
Number of households with income $10k - 20k:
Montgomery:
11.5% (9)
State:
14.8% (3,217)
Number of households with income $20k - 30k:
Montgomery:
0.0% (0)
State:
12.0% (2,603)
Number of households with income $30k - 40k:
Montgomery:
0.0% (0)
State:
14.5% (3,144)
Number of households with income $40k - 50k:
Montgomery:
0.0% (0)
State:
9.3% (2,022)
Number of households with income $50k - 60k:
Montgomery:
6.4% (5)
State:
4.2% (918)
Number of households with income $60k - 75k:
Montgomery:
5.1% (4)
State:
7.5% (1,623)
Number of households with income $75k - 100k:
Montgomery:
0.0% (0)
West Virginia:
6.3% (1,376)
Number of households with income $100k - 125k:
Montgomery:
0.0% (0)
State:
4.3% (929)
Number of households with income $125k - 150k:
Montgomery:
0.0% (0)
State:
3.1% (671)
Number of households with income $150k - 200k:
Montgomery:
0.0% (0)
State:
2.4% (515)
Number of households with income > $200k:
Montgomery:
3.8% (3)
State:
4.1% (881)
Aggregate household income in Montgomery in 2022: $2,500,419
Median family income in Montgomery in 2022:
Montgomery:
$2,207
State:
$42,215
Number of families with income < $10k:
Montgomery:
73.7% (33)
State:
13.7% (1,672)
Number of families with income $50k - 60k:
Montgomery:
8.7% (4)
West Virginia:
2.3% (285)
Number of families with income $60k - 75k:
Montgomery:
9.3% (4)
West Virginia:
10.8% (1,318)
Number of families with income > $200k:
Montgomery:
8.2% (4)
State:
5.4% (664)
Median non-family income in Montgomery in 2022:
Montgomery:
$2,300
State:
$20,857
Change in median non-family income between 2000 and 2022:: -80.7%
Montgomery, West Virginia:
-80.7%
State:
+67.1%
Median per capita income in Montgomery in 2022:
Montgomery:
$18,244
State:
$22,493
Change in median per capita income between 2000 and 2022:
Montgomery, West Virginia:
+87.2%
State:
+81.5%
Income statistics for Hispanic or Latino residents
Aggregate household income in Montgomery in 2022: $465,323
Median per capita income in Montgomery in 2022:
Montgomery:
$10,881
West Virginia:
$23,238
Change in median per capita income between 2000 and 2022:
Montgomery, West Virginia:
+7.1%
State:
+67.7%
Income statistics for Multirace residents
Median household income in Montgomery, WV in 2022:
Montgomery:
$56,289
State:
$44,435
Number of households with income < $10k:
Montgomery:
0.0% (0)
State:
11.0% (2,990)
Number of households with income $10k - 20k:
Montgomery:
9.7% (6)
State:
14.9% (4,055)
Number of households with income $20k - 30k:
Montgomery:
6.5% (4)
State:
11.7% (3,191)
Number of households with income $30k - 40k:
Montgomery:
14.5% (9)
West Virginia:
7.8% (2,129)
Number of households with income $40k - 50k:
Montgomery:
0.0% (0)
West Virginia:
7.8% (2,111)
Number of households with income $50k - 60k:
Montgomery:
69.4% (43)
West Virginia:
5.0% (1,367)
Number of households with income $60k - 75k:
Montgomery:
0.0% (0)
West Virginia:
7.7% (2,106)
Number of households with income $75k - 100k:
Montgomery:
0.0% (0)
State:
9.6% (2,621)
Number of households with income $100k - 125k:
Montgomery:
0.0% (0)
West Virginia:
6.5% (1,773)
Number of households with income $125k - 150k:
Montgomery:
0.0% (0)
State:
6.4% (1,732)
Number of households with income $150k - 200k:
Montgomery:
0.0% (0)
West Virginia:
5.6% (1,510)
Number of households with income > $200k:
Montgomery:
0.0% (0)
State:
5.9% (1,606)
Aggregate household income in Montgomery in 2022: $2,497,077
Median per capita income in Montgomery in 2022:
Montgomery:
$12,382
State:
$22,284
Change in median per capita income between 2000 and 2022:
Montgomery, West Virginia:
+80.6%
West Virginia:
+94.4%
Income statistics for other residents
Median per capita income in Montgomery in 2022:
Montgomery:
$112,726
State:
$19,844
Discuss Montgomery, West Virginia (WV) on our hugely popular West Virginia forum.