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Montgomery County, VA&

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Population
96,467
0.69% growth
Median Age
27.5
Median Household Income
$46,663
4.14% growth
Poverty Rate
24.8%
Number of Employees
45,648
1.45% growth
Median Property Value
$205,100
1.99% growth

Economy

The economy of Montgomery County, VA employs 45,648 people. The economy of Montgomery County, VA is specialized in Educational Services; Management of Companies & Enterprises; and Accommodation & Food Service, which employ respectively 3.11; 1.79; and 1.36 times more people than what would be expected in a location of this size. The largest industries in Montgomery County, VA are Educational Services (13,262), Retail trade (5,043), and Accommodation & Food Service (4,606), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($56,250), Utilities ($53,682), and Transportation & Warehousing ($43,750).

Median household income in Montgomery County, VA is $46,663. Males in Montgomery County, VA have an average income that is 1.46 times higher than the average income of females, which is $41,911. The income inequality of Montgomery County, VA (measured using the Gini index) is 0.488 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Montgomery County, VA. In Montgomery County, VA the age groups most likely to have health care coverage are 18-24 and 18-24, men and women, respectively. The location has a 1 to 68 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,530. Petersburg city, VA has the highest prevalence of homicides of any county in Virginia.

Coverage

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Showing data across all counties in Virginia.

Insurance Coverage by Age and Gender

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Diversity

Montgomery County, VA is home to a population of 96,467 people, from which 93.8% are citizens. The ethnic composition of the population of Montgomery County, VA is composed of 81,471 White residents (84.5%), 5,903 Asian residents (6.12%), 3,984 Black residents (4.13%), 2,855 Hispanic residents (2.96%), and 1,410 Two+ residents (1.46%). The most common foreign languages in Montgomery County, VA are Chinese (2,085 speakers), Spanish (1,669 speakers), and Korean (859 speakers), but compared to other places, Montgomery County, VA has a relative high number of Persian (523 speakers), Korean (859 speakers), and Greek (225 speakers).

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Education

In 2015 universities in Montgomery County, VA awarded 8,881 degrees. The student population of Montgomery County, VA is skewed away from females, with 4,949 male students and 3,932 female students. Most students in Montgomery County, VA are White (6,248 and 70.4%), followed by Asian (697 and 7.85%), Hispanic or Latino (411 and 4.63%), and Black or African American (331 and 3.73%). The largest universities in Montgomery County, VA by number of graduates are Virginia Polytechnic Institute and State University (8,491 and 95.6%), Edward Via College of Osteopathic Medicine (390 and 4.39%), and N/A (N/A and N/A). The most popular majors in Montgomery County, VA are Mechanical Engineering (384 and 4.32%), General Biological Sciences (359 and 4.04%), and General Finance (283 and 3.19%). The median tuition costs in Montgomery County, VA are N/A for private four year colleges, and $10,496 and $26,536 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Montgomery County, VA is $205,100, which is 1.05 times larger than the national average of $194,500. Between 2014 and 2015 the median property value increased from $201,100 to $205,100, a 1.99% increase. The homeownership rate of Montgomery County, VA is 54.2%, which is lower than the national average of 63.9%. People in Montgomery County, VA have an average commute time of 17.6 minutes, and they commute by Drove Alone. Car ownership in Montgomery County, VA is approximately the same as the national average, with an average of 2 cars per household.

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