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Montgomery County, AL

RANK #561 / 996  ·  POP 228,132  ·  AL

PROJECTED GROWTH: +0.5%

Montgomery County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Montgomery County?

Montgomery County, Alabama, is perhaps best known as the home of the state capital, Montgomery, a city deeply intertwined with pivotal moments in American history, particularly the Civil Rights Movement. Landmarks like the Dexter Avenue King Memorial Baptist Church and the Rosa Parks Library and Museum draw visitors interested in this heritage. Situated along the Alabama River on the Gulf Coastal Plain, the county offers a blend of urban and natural settings. Atlanta, Georgia, is the closest major city over 500,000 people. The community offers numerous parks and opportunities for outdoor recreation, including walking trails and cultural parks. Life in Montgomery County offers a balance of affordability and community focus. The cost of living is lower than the national average, particularly for housing. The county's economy is experiencing growth, driven by investments in sectors such as advanced manufacturing, automotive supply chains, data infrastructure, and logistics. This economic activity contributes to a job market with opportunities in government, healthcare, and manufacturing. Montgomery Public Schools serves the county, with magnet programs available. The area is characterized by a mix of families and young professionals, with a community spirit often described as welcoming.

[02] Market Snapshot

Housing Ratio
2.2x

Undervalued relative to economy

GDP Growth
+2.7%

Below national median

Home Prices
+0.5%

Well below national median

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
9x

Strong rental yield

Housing looks undervalued at 2.2x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Montgomery County U.S. National

The Numbers

DEMOGRAPHICS
Population
228,132
-0.41% YoY
Median Household Income
$56,707
Median Home Value
$151,300
+0.52% 12mo
Median Rent
$1,028
Average Annual Pay
$61,610
+4.2% YoY
Employment
132,903
+1.4% YoY
Income-to-Home-Value
0.3748
More affordable than average
Migration Inflow
2.81%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$205,000
Days on Market
104
Slower market
Months of Supply
6.3
Buyer's market
Sale-to-List Ratio
95.7%
Negotiation room for buyers
Sold Above List
10.2%
Listings w/ Price Drops
20.5%
Building Permits (2024)
460
Single-Family Permits
421

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,847M
TOTAL
PROJECT AMOUNT STATUS
Meta Data Center Campus Expansion
Meta
$1,500M Under Construction
Black Bear Solar Energy Project
Lightsource BP / Alabama Municipal Electric Authority (AMEA)
$125M Operating
Montgomery Inland Port
Port of Alabama
$94M Under Construction
DAS North America Expansion
DAS North America
$78M Under Construction
Montgomery Whitewater Park (Future Plans)
Montgomery Whitewater
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.7% 50 percentile
Population Growth -0.4% 13 percentile
Income Growth +8.0% 36 percentile
Vacancy Rate 2.1% 7 percentile
Home Price Change +0.5% 38 percentile
Rent Growth +3.6% 61 percentile
Price/Rent 9x 94 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Montgomery County, AL a good place to move to?

Montgomery County has a Boom Town Index score of 44/100, ranking #561 among 996 U.S. counties. With job growth at +1.4% and a median household income of $56,707, it faces some economic headwinds compared to faster-growing counties.

Is Montgomery County affordable?

The median home value in Montgomery County is $151,300 with median rent at $1,028/month. The income-to-home-value ratio is 0.3748, which is more affordable than the national average.

Is Montgomery County growing or shrinking?

Population growth: -0.4% year-over-year. Job growth: +1.4%. Home values changed +0.5% in the past 12 months.

Are people moving to Montgomery County?

Yes — 2.81% of Montgomery County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Faulkner County, AR 54 Washington County, PA 54 Westmoreland County, PA 54 Pickens County, SC 54 Franklin County, VT 54 Henrico County, VA 54 James City County, VA 54 Kanawha County, WV 54