Montgomery County, Texas: commercial real estate data.
Montgomery County, Texas had an estimated 749,613 residents on July 1, 2024, up 20.8 percent since the 2020 census base of 620,567, across 1,042 square miles. County output reached $50.08 bn in 2024, 15,014 establishments operate here, and the SBA record carries 890 7(a) approvals worth $580.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Montgomery County
How many people live in Montgomery County
- Population, American Community Survey 2020-2024684,432
- Households247,541
- Average household size2.76
- Median household income$97,701
- Median age37.2
- Median gross rent$1,532 per month
- Median owner-occupied home value$346,200
- Home value to household income3.5 times
- Annual rent as a share of median income18.8 percent
- Adults 25 and over with a bachelor degree or higher38.8 percent
- Adults 25 and over with a graduate degree13.7 percent
- Adults 25 and over450,020
- Population under 18177,029
- Share under 1825.9 percent
- Population 65 and over94,057
- Share 65 and over13.7 percent
- Working age population, 18 to 64413,346
- Civilian labor force341,352
- Unemployment rate4.6 percent
- Labor force participation, adults 18 and over67.3 percent
- Rank by population among Texas counties11th of 254
- Rank by population among US county-equivalents, Puerto Rico included98th of 3,222
Montgomery County is the 11th largest of 254 Texas counties by population. A median home costs 3.5 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 25.9 percent against 13.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Montgomery County
Is Montgomery County's population growing?
- Population, July 1, 2024749,613
- Census 2020 base population620,567
- Population change since the 2020 census base20.79 percent
- Population change, 2023 to 202434,268
- Births, 20248,596
- Deaths, 20244,640
- Natural change, 20243,956
- Net domestic migration, 202423,919
- Net international migration, 20246,480
- Total net migration, 202430,399
- Cumulative net domestic migration, 2021 to 202494,445
- Rank by growth among US county-equivalents14th of 3,144
The county has grown 20.79 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Montgomery County
Where are people moving to Montgomery County from?
- Tax returns filed by households arriving27,961
- People arriving, from those returns56,863
- Tax returns filed by households leaving19,652
- Net household movement8,309
- Adjusted gross income arriving$2.63 bn
- Net adjusted gross income movement$600.1 m
- Average income of an arriving household$94,176
- Average income of a leaving household$103,457
- Largest single originHarris County (12,440 households)
- Largest single destinationHarris County (8,133 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Harris County | 12,440 | 25,269 | $1.14 bn |
| Fort Bend County | 555 | 1,141 | $65.6 m |
| Walker County | 539 | 954 | $22.4 m |
| Travis County | 416 | 722 | $45.7 m |
| Liberty County | 412 | 901 | $20.7 m |
| Los Angeles County | 339 | 731 | $37.8 m |
| Bexar County | 328 | 605 | $29.6 m |
| Galveston County | 322 | 606 | $33.6 m |
Households arriving report $9,281 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Harris County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Montgomery County
What is the Montgomery County economy?
- County GDP, 2024$50.08 bn
- County GDP, 2023$47.12 bn
- GDP change, 2023 to 20246.3 percent
- GDP change over five years50.7 percent
- Rank by GDP among the Texas areas BEA publishes9th of 254
- Rank by GDP among the US county areas BEA publishes118th of 3,127
- GDP per resident$73,168
Output grew 6.3 percent in the latest year and 50.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Montgomery County
Employment by industry in Montgomery County
- Covered employment, annual average227,434
- Establishments reporting15,222
- Average annual pay$70,262
- Average weekly wage$1,351
- Retail trade, employment29,560
- Retail trade, average annual pay$41,758
- Accommodation and food services, employment27,422
- Accommodation and food services, average annual pay$26,611
- Health care and social assistance, employment27,289
- Health care and social assistance, average annual pay$63,896
- Construction, employment15,625
- Construction, average annual pay$82,117
- Professional, scientific and technical services, employment15,137
- Manufacturing, employment13,155
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 29,560 | 1,490 | $41,758 |
| Accommodation and food services | 27,422 | 1,142 | $26,611 |
| Health care and social assistance | 27,289 | 1,696 | $63,896 |
| Construction | 15,625 | 1,438 | $82,117 |
| Professional, scientific and technical services | 15,137 | 2,412 | $100,604 |
| Manufacturing | 13,155 | 665 | $93,516 |
| Administrative and support and waste management services | 11,092 | 942 | $64,967 |
| Wholesale trade | 8,460 | 909 | $111,379 |
Retail trade is the largest private sector at 29,560 jobs, 13.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Montgomery County
How many businesses are in Montgomery County?
- Establishments, all industries15,014
- Employment at those establishments206,056
- Annual payroll$13.74 bn
- Establishments per 1,000 residents21.9
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Montgomery County
Building permits in Montgomery County
- Housing units authorized by permit, 202413,246
- Declared construction value permitted$3.52 bn
- Single family units authorized11,586
- Multifamily units authorized1,660
- Multifamily share of units12.5 percent
- Average declared value per unit$265,453
- Units authorized per 1,000 households53.5
Single-family homes are 87.5 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Montgomery County
SBA loans in Montgomery County (7(a) and 504)
- 7(a) approvals recorded890
- 7(a) gross approval dollars$580.8 m
- Average 7(a) approval$652,613
- Median 7(a) approval$292,300
- 10th percentile approval$40,000
- 90th percentile approval$1,823,500
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)9,801
- Jobs per approval11.0
- Distinct 7(a) lenders active131
- Distinct industries receiving approvals262
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer18.4 percent
- Loans on real estate terms164
- Loans on working capital terms, 120 months or shorter637
- Franchise loans223
- Franchise share of approvals25.1 percent
- Leading industry by approval countFitness and Recreational Sports Centers (35)
- Most active lenderThe Huntington National Bank (84)
- 504 approvals recorded131
- 504 gross approval dollars$170.3 m
- Average 504 approval$1,300,336
- Median 504 approval$902,000
- Distinct CDCs active15
- 504 jobs per approval14.0
- 504 jobs per million dollars approved10.8
- Most active CDCCapital Certified Development Corporation (41)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$751.2 m
The average approval of $652,613 sits well above the median of $292,300, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 18.4 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montgomery County
SBA loan default and charge-off rates in Montgomery County
Do SBA loans in Montgomery County get paid back?
- Loans with a final outcome recorded146
- Paid in full132
- Charged off14
- Charge-off rate on resolved loans9.6 percent
- Status: Paid in full132
- Status: Exempt from disclosure582
- Status: Cancelled111
- Status: Charged off14
- Status: Committed, not yet disbursed51
Of the 146 loans that have reached a final outcome, 9.6 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Montgomery County
SBA lending by place in Montgomery County
- Borrower cities with recorded lending23
- Conroe, approvals241
- Spring, approvals168
- Magnolia, approvals143
- Montgomery, approvals124
- The Woodlands, approvals63
- Porter, approvals36
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Conroe | 241 | $160,754,700 |
| Spring | 168 | $108,717,600 |
| Magnolia | 143 | $91,966,700 |
| Montgomery | 124 | $59,387,800 |
| The Woodlands | 63 | $34,237,400 |
| Porter | 36 | $29,713,800 |
| Willis | 26 | $11,987,900 |
| New Caney | 22 | $30,302,200 |
| 15 other borrower cities | 67 | $53,757,100 |
Conroe accounts for 241 approvals against 168 in Spring. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Montgomery County
How large is Montgomery County?
- Land area1,042 sq mi
- Rank by land area among Texas counties64th of 254
- Width, east to west43.8 mi
- Height, north to south41.3 mi
- Geographies sharing a boundary6
- Residents per square mile of land657
- Establishments per square mile14.41
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Montgomery County
Flood risk in Montgomery County
- Participation of the county's own NFIP community Montgomery County, unincorporated areasParticipating, community 480483
- Communities in the county in the NFIP Community Status Book16
- Of those, participating in the NFIP16
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 4
- Communities carrying a CRS class2
- Radon levels in Montgomery County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Montgomery County (community 480483), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Montgomery County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 4, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Montgomery County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Montgomery County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024684,432
- Households247,541
- Average household size2.76
- Median household income$97,701
- Median age37.2
Common questions
Montgomery County questions, answered from the record.
How many people live in Montgomery County, Texas?
The Census Bureau estimates 749,613 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 684,432, in 247,541 households, ranking 11th of 254 Texas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Montgomery County's population growing?
The population has grown 20.79 percent since the 2020 census base of 620,567, to 749,613 on July 1, 2024. In 2024 there were 8,596 births against 4,640 deaths, with net migration of 30,399. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Montgomery County?
$97,701. The median owner-occupied home is valued at $346,200, which is 3.5 times income, and median gross rent is $1,532 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Montgomery County?
15,014 establishments, employing 206,056 people with an annual payroll of $13.74 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Montgomery County?
Retail trade is the largest private sector at 29,560 jobs, 13.0 percent of covered employment. Covered employment averages 227,434 jobs at an average annual pay of $70,262, or $1,351 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Montgomery County?
890 7(a) approvals totaling $580.8 m since FY2020, across 131 lenders, with a median approval of $292,300, plus 131 504 approvals worth $170.3 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Montgomery County get paid back?
Of the 146 loans that have reached a final outcome, 132 were paid in full and 14 charged off, a charge-off rate of 9.6 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Montgomery County?
13,246 housing units were authorized by permit in 2024, with a declared construction value of $3.52 bn. Multifamily was 12.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Montgomery County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Montgomery County come from?
The largest single origin is Harris County, with 12,440 households. Arriving households report an average income of $94,176 against $103,457 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Montgomery County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Montgomery County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Montgomery County
Cities and places in Montgomery.
20 Census places lie wholly or partly in Montgomery County. All 20 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| The Woodlands | CDP | 121,002 | 63 | 83.8 percent here, 16.2 percent Harris County |
| Conroe | city | 102,360 | 241 | Wholly in this county |
| Cleveland | city | 8,984 | 3 | 11.1 percent here, 87.8 percent Liberty County |
| Willis | city | 6,878 | 26 | Wholly in this county |
| Pinehurst | CDP | 4,266 | 7 | Wholly in this county |
| Magnolia | city | 4,068 | 143 | Wholly in this county |
| Shenandoah | city | 3,705 | 15 | Wholly in this county |
| Oak Ridge North | city | 3,034 | 6 | Wholly in this county |
| Panorama Village | city | 2,525 | None recorded | Wholly in this county |
| Montgomery | city | 2,489 | 124 | Wholly in this county |
| Deerwood | CDP | 2,366 | None recorded | Wholly in this county |
| Roman Forest | city | 2,336 | None recorded | Wholly in this county |
| Splendora | city | 2,131 | 7 | Wholly in this county |
| Woodbranch | city | 1,719 | None recorded | Wholly in this county |
| Patton Village | city | 1,629 | None recorded | Wholly in this county |
| Porter Heights | CDP | 987 | None recorded | Wholly in this county |
| Grangerland | CDP | 920 | None recorded | Wholly in this county |
| Cut and Shoot | city | 864 | 1 | Wholly in this county |
| Stagecoach | town | 637 | None recorded | Wholly in this county |
| Woodloch | town | 381 | None recorded | Wholly in this county |
A further 254 of the county's 890 SBA 7(a) approvals are to borrowers in cities that match no Census place in Montgomery County, the largest being Spring (168), Porter (36), New Caney (22). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby