HomeMichiganHillsdale CountyMontgomery village
Montgomery village, Michigan: commercial real estate data.
Montgomery village is a Census village of 301 people across 1.00 square miles of land, in Hillsdale County. Median household income is $51,250, 93.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $300,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Montgomery
What Montgomery is
- Census place typevillage
- Land area1 sq mi
- Water area0 sq mi
- Population per square mile of land301 plus or minus 89
- County holding the largest share of its areaHillsdale County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montgomery
How many people live in Montgomery
- Population301 plus or minus 89
- Median age36.5 plus or minus 10.9
- Population under 1881 plus or minus 31
- Share under 1826.9 percent plus or minus 6.3
- Population 65 and over33 plus or minus 17
- Share 65 and over11.0 percent plus or minus 4.5
- Households114 plus or minus 31
- Family households70 plus or minus 25
- Share of households that are families61.4 percent plus or minus 14.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montgomery
Income and work in Montgomery
- Median household income$51,250 plus or minus $23,061
- Per capita income$22,007 plus or minus $5,383
- Civilian labor force129 plus or minus 45
- Employed125 plus or minus 43
- Unemployed4 plus or minus 4
- Unemployment rate3.1 percent plus or minus 2.9
- Adults 25 and over199 plus or minus 52
- Adults 25 and over with a high school diploma or higher83.4 percent plus or minus 30.0
- Adults 25 and over with a bachelor degree or higher9.0 percent plus or minus 8.2
- Adults 25 and over with a graduate degree2.5 percent plus or minus 6.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montgomery
Housing in Montgomery
- Housing units135 plus or minus 34
- Occupied units114 plus or minus 31
- Vacant units21 plus or minus 18
- Vacancy rate15.6 percent plus or minus 12.7
- Owner occupied106 plus or minus 29
- Renter occupied8 plus or minus 9
- Ownership rate93.0 percent
- Median owner-occupied home value$95,000 plus or minus $21,940
- Median gross rent, monthly$1,167
- Annual rent as a share of median income27.3 percent plus or minus 12.4
- Single family units116 plus or minus 37
- Share single family85.9 percent
- Units in buildings of two or more2 plus or minus 11
- Share in buildings of two or more1.5 percent plus or minus 8.4
- Mobile homes17 plus or minus 11
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montgomery
How Montgomery gets to work
- Workers 16 and over who commute117 plus or minus 42
- Commuting under 15 minutes19 plus or minus 9
- Share commuting under 15 minutes16.2 percent plus or minus 5.2
- Commuting 30 minutes or more45 plus or minus 23
- Share commuting 30 minutes or more38.5 percent plus or minus 13.6
- Drove alone76.9 percent plus or minus 20.2
- Carpooled21.4 percent plus or minus 11.3
- Public transport0.0 percent
- Walked1.7 percent plus or minus 2.5
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montgomery
SBA loans in Montgomery (7(a))
- Approvals1
- Gross approval$300,000
- Average approval$300,000
- Median approval$300,000
- Ninetieth percentile approval$300,000
- Largest approval$300,000
- Jobs supported3
- Jobs per approval3.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hillsdale County, not Montgomery
Hillsdale County context, not Montgomery figures
These are Hillsdale County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Montgomery measurements.
- Establishments in Hillsdale County776
- Employment at those establishments, Hillsdale County10,861
- Covered employment, Hillsdale County12,854
- Average annual pay, Hillsdale County$51,536
- Average weekly wage, Hillsdale County$991
- Housing units permitted, Hillsdale County72
- Of those, single family, Hillsdale County64
- County product, 2024, Hillsdale County$2,201,614,000
- County product change over the prior year, Hillsdale County2.0 percent
- Average income of an arriving household, Hillsdale County$55,590
Every figure in this section is published for Hillsdale County as a whole and is not a measurement of Montgomery. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Montgomery questions, answered from the record.
How many people live in Montgomery, Michigan?
301, in 114 households. Montgomery village covers 1.00 square miles of land, which is 301 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Montgomery in?
Hillsdale County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Montgomery?
$51,250. The median owner-occupied home is valued at $95,000. Median gross rent is $1,167 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Montgomery businesses?
1 7(a) approvals totalling $300,000, across 1 lenders, median approval $300,000. These count approvals to borrowers whose address is in Montgomery, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Montgomery borrowers get paid back?
No rate is published for Montgomery. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Montgomery figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hillsdale County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Montgomery.
Is zoning published for Montgomery?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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