HomeMinnesotaLe Sueur CountyMontgomery
Montgomery, Minnesota: commercial real estate data.
Montgomery is a Census city of 3,434 people across 2.51 square miles of land, in Le Sueur County. Median household income is $79,432, 74.8 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $2.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Montgomery
What Montgomery is
- Census place typecity
- Land area2.51 sq mi
- Water area0 sq mi
- Population per square mile of land1,366
- County holding the largest share of its areaLe Sueur 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
- Population3,434
- Median age34.3
- Population under 18919
- Share under 1826.8 percent
- Population 65 and over557 plus or minus 142
- Share 65 and over16.2 percent plus or minus 4.1
- Households1,384
- Family households893
- Share of households that are families64.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montgomery
Income and work in Montgomery
- Median household income$79,432
- Per capita income$38,231
- Civilian labor force1,894
- Employed1,838
- Unemployed56 plus or minus 54
- Unemployment rate3.0 percent plus or minus 2.8
- Adults 25 and over2,226
- Adults 25 and over with a high school diploma or higher94.8 percent
- Adults 25 and over with a bachelor degree or higher17.0 percent plus or minus 5.1
- Adults 25 and over with a graduate degree3.7 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montgomery
Housing in Montgomery
- Housing units1,426
- Occupied units1,384
- Vacant units42 plus or minus 36
- Vacancy rate2.9 percent plus or minus 2.5
- Owner occupied1,035
- Renter occupied349 plus or minus 102
- Ownership rate74.8 percent
- Median owner-occupied home value$234,700
- Median gross rent, monthly$974
- Annual rent as a share of median income14.7 percent plus or minus 3.8
- Single family units1,184
- Share single family83.0 percent
- Units in buildings of two or more231 plus or minus 101
- Share in buildings of two or more16.2 percent plus or minus 6.9
- Mobile homes11 plus or minus 17
- Median year structure built1964
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 commute1,526
- Commuting under 15 minutes541 plus or minus 146
- Share commuting under 15 minutes35.5 percent plus or minus 8.7
- Commuting 30 minutes or more668 plus or minus 149
- Share commuting 30 minutes or more43.8 percent
- Drove alone71.6 percent
- Carpooled4.1 percent plus or minus 2.7
- Public transport0.0 percent
- Walked6.4 percent plus or minus 5.8
- Worked from home17.5 percent plus or minus 6.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montgomery
SBA loans in Montgomery (7(a))
- Approvals6
- Gross approval$2,385,100
- Average approval$397,517
- Median approval$354,050
- Largest approval$895,000
- Jobs supported61
- Jobs per approval10.2
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Montgomery, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Montgomery
SBA loans in Montgomery (504)
- Approvals6
- Gross approval$1,739,000
- Average approval$289,833
- Median approval$183,000
- Largest approval$754,000
- Jobs supported13
- Loans with a final outcome2
- Charged off0
- Median term270 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Montgomery, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montgomery
Flood risk in Montgomery
- NFIP communityCity of Montgomery
- NFIP community number270762
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/17/24(M)
The City of Montgomery participates in the National Flood Insurance Program as community 270762 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Le Sueur County, not Montgomery
Le Sueur County context, not Montgomery figures
- Establishments in Le Sueur County722
- Covered employment, Le Sueur County8,667
- Average annual pay, Le Sueur County$54,749
- Housing units permitted, Le Sueur County55
Every figure in this section is published for Le Sueur County as a whole and is not a measurement of Montgomery.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Montgomery questions, answered from the record.
How many people live in Montgomery, Minnesota?
3,434, in 1,384 households. Montgomery city covers 2.51 square miles of land, which is 1,366 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?
Le Sueur 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?
$79,432. The median owner-occupied home is valued at $234,700. Median gross rent is $974 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?
6 7(a) approvals totaling $2.4 m since FY2020, across 3 lenders, median approval $354,050, plus 6 504 approvals worth $1.7 m since FY2010. 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 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Montgomery in the National Flood Insurance Program?
Yes. Montgomery appears in the FEMA Community Status Book as Montgomery, city of, community 270762, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Montgomery figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Le Sueur 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?
No. Nothing on this page presents parcel level zoning.
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