Montgomery County, Alabama Income Statistics
Montgomery County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Montgomery County Below averageWealthier than 85% of counties in Alabama
Source: Map AI Methodology
Income Statistics Overview
| Metric | Montgomery County | Alabama Avg | US Average |
|---|---|---|---|
| Median Household Income | $59,332 | $64,544 | $80,455 |
| Median Personal Income | $50,699 | $52,756 | $60,758 |
| Average Yearly Income Growth | 3.4% | 4.7% | 4.8% |
| Six-Figure Earners | 9.0% | 9.6% | 13.9% |
| $200k+ Households | 6.5% | 7.8% | 13.2% |
The median household income in Montgomery County is about 8% lower than in Alabama. Income has been growing slower in Montgomery County (3.4%/yr) than in Alabama (4.7%/yr).
About 9% of adults in Montgomery County earn six figures ($100,000 or more) a year, lower than the Alabama average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Montgomery County, Alabama grew by 37.5% from 2009 to 2024, reaching $59,332 in 2024. That's an average of about 3.4% per year.
Income Inequality and the Gender Pay Gap in Montgomery County
| Metric | Montgomery County | Alabama Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.558 | 0.560 | 0.552 |
| Male Median Income | $58,863 | $62,840 | $69,667 |
| Female Median Income | $47,377 | $47,036 | $56,850 |
| Gender Pay Gap | 19.5% | 25.1% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Montgomery County, it is 0.558, about the same as Alabama's 0.560, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 24% more than women's income in Montgomery County, Alabama. Over a 35-year career, a 24% wage gap accumulates to roughly $402,010 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Montgomery County, Alabama has narrowed from about 24% to 20% in 2024. Over that period the gap was narrowest at 18% in 2023. In dollar terms, the gap has widened by $1,015 since 2009.
Employment
| Metric | Montgomery County | Alabama Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 4.7% | 5.2% |
| Working from Home | 8.0% | 8.8% | 15.0% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 6,062 people are unemployed in Montgomery County, Alabama.
The average commute time in Montgomery County is 18 minutes, shorter than the 22 minutes in Alabama.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Montgomery County, Alabama has fallen from 8.4% to 5.7% in 2024. Over that period the rate peaked at 8.8% in 2014.
Montgomery County, AL Wealth Compared With Nearby Counties
Montgomery County, AL is the largest of the 6 counties compared here, 226,670 residents against a local median of 13,122. Montgomery County, AL's median household income, at $59,332, runs 24% above the $47,827 typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread $47,475 on median household income, so Montgomery County, AL sits at one end of an already wide local range rather than apart from it. Montgomery County, AL has the 2nd highest median household income of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Montgomery County, AL | 226,670 | $59,332 #2/6 | 3.4%/yr #4/6 | 5.7% #4/6 | 0.558 #2/6 |
| Elmore County, AL | 89,526 | $78,590 | 4.8%/yr | 4.6% | 0.546 |
| Lowndes County, AL | 9,833 | $37,597 | 3.9%/yr | 6.8% | 0.571 |
| Pike County, AL | 32,986 | $48,841 | 5.0%/yr | 3.7% | 0.582 |
| Crenshaw County, AL | 13,122 | $47,827 | 3.3%/yr | 5.4% | 0.562 |
| Bullock County, AL | 10,058 | $31,115 | 1.5%/yr | 7.2% | 0.573 |
Conclusion
Considering all these factors, Montgomery County, Alabama has an overall wealth index grade of C, making it about on par with Alabama, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Montgomery County, Alabama.
How Rich Is Montgomery County, Alabama?
Montgomery County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $59,332, about 8% lower than the Alabama average of $64,544.
How fast is household income rising in Montgomery County, Alabama?
Between 2009 and 2024, the median household income in Montgomery County, Alabama rose 37%, from $43,153 to $59,332. Over the same years, income here lagged behind Alabama as a whole: +37% against +56%.
What was the median household income in Montgomery County in 2023?
In 2023, the median household income in Montgomery County, Alabama was $58,229, up 3% from $56,576 in 2022. The Alabama median that year was $62,326.
What was the median household income in Montgomery County in 2020?
In 2020, the median household income in Montgomery County, Alabama was $51,732. By 2024 it had risen 15% to $59,332.
What is the Gini coefficient in Montgomery County, Alabama?
The Gini coefficient in Montgomery County is 0.558. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Montgomery County, Alabama?
Since 2009, the income gap between men and women in Montgomery County, Alabama has narrowed from about 24% to 20% in 2024. Over that period the gap was narrowest at 18% in 2023. In dollar terms, the gap has widened by $1,015 since 2009.
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