Montgomery County, AL

Description

Why Build in Montgomery County?

 

Housing Market Dynamics

Over the past 3 years, the median household income in Montgomery County has increased from $49,989 to $51,518, reflecting a growth of about 3%.

The housing market in Montgomery County has seen significant appreciation. Between 2021 and 2022, the median property value rose from $134,700 to $151,300, marking a 12.3% increase. This upward trend indicates a robust demand for housing, presenting lucrative opportunities for builders and investors.

Variety of Educational Institutions

The county is served by the Montgomery County School District, encompassing 52 schools with a total enrollment of 26,821 students. Montgomery County’s rising property values and commitment to education present compelling opportunities for residential development.

Population
224,980
Median Income
$58,153
Median Home Price
$189,225
Housing Affordability Index
162

Median Home Value

Block

$189,225

Tract

$84,302

Zip

$93,919

Price Appreciation Since 2011

Tract

N/A

Zip

1.35X

County

1.31X

County Schools

Forest Avenue Elementary School: 10/10

Baldwin Art & Academics Magnet School: 10/10

Loveless Academic Magnet Program (LAMP) School: 10/10

Median Income

County

$52,729

State

$56,129

National

$72,603

Forecasted Income Growth

Tract

2.44%

Zip

0.42%

Crime

Overall Crime Index: 3.41X

Property Crime Index: 3.53X

Personal Crime Index: 4.23X

Median Home Value

Block

$189,225

Tract

$84,302

Zip

$93,919

Price Appreciation Since 2011

Tract

N/A

Zip

1.35X

County

1.31X

Median Income

County

$52,729

State

$56,129

National

$72,603

Forecasted Income Growth

Tract

2.44%

Zip

0.42%

County Schools

Forest Avenue Elementary School: 10/10

Baldwin Art & Academics Magnet School: 10/10

Loveless Academic Magnet Program (LAMP) School: 10/10

Crime

Overall Crime Index: 3.41X

Property Crime Index: 3.53X

Personal Crime Index: 4.23X