88 / 100

Montgomery County, OH

RANK #120 / 996  ·  POP 536,121  ·  OH

PROJECTED GROWTH: +2.7%

Montgomery County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Montgomery County?

Montgomery County, Ohio, is often recognized for its aviation heritage, as it was home to the Wright brothers and a center for early innovation in flight. Located in southwestern Ohio, with Dayton as its county seat, the county offers a blend of urban and suburban living. Commute times are generally manageable, and public transportation options, including the Greater Dayton Regional Transit Authority, serve the area. The region also features extensive outdoor recreation opportunities through its Five Rivers MetroParks system, encompassing nearly 16,000 acres of green space with bike paths and natural areas.

Life in Montgomery County provides access to various amenities, including arts and cultural institutions. The public school systems in towns like Oakwood and Centerville are highly rated. The economy is driven by sectors such as aerospace, advanced manufacturing, and logistics, building on a history of innovation. Recent economic developments include investments in commercial and residential projects, as well as continued growth in technology-driven industries.

[02] Market Snapshot

Housing Ratio
2.6x

Undervalued relative to economy

GDP Growth
+1.9%

Below national median

Home Prices
+4.2%

Outpacing national median

Climate & Terrain
-2.2

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.6x — 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
536,121
0.0% YoY
Median Household Income
$61,942
Median Home Value
$154,300
+4.21% 12mo
Median Rent
$925
Average Annual Pay
$61,439
+3.3% YoY
Employment
250,085
+0.8% YoY
Income-to-Home-Value
0.4014
More affordable than average
Migration Inflow
3.37%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$206,950
Days on Market
58
Moderate pace
Months of Supply
2.4
Seller's market
Sale-to-List Ratio
96.8%
Negotiation room for buyers
Sold Above List
19.2%
Listings w/ Price Drops
25.3%
Building Permits (2024)
933
Single-Family Permits
349

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

[05] Capital Investment

$430M
TOTAL
PROJECT AMOUNT STATUS
I-75 Rehabilitation in Dayton (S.R. 4/Needmore Rd.)
Ohio Department of Transportation
$105M Under Construction
onMain Mixed-Use Development (Former Fairgrounds)
University of Dayton and Premier Health
$100M Under Construction
Prairie Flyer Energy Storage Facility
Prairie Flyer Energy Storage LLC
$85M Planned
New Home Communities Portfolio
Various (e.g., Fischer Homes)
$75M Under Construction
Sewer Modernization and Revitalized Treatment (SMART) Project
Montgomery County Environmental Services
$65M Completed

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

[06] Score Breakdown

GDP Growth +1.9% 33 percentile
Population Growth 0.0% 30 percentile
Income Growth +9.6% 74 percentile
Vacancy Rate 1.3% 33 percentile
Home Price Change +4.2% 85 percentile
Rent Growth +2.8% 46 percentile
Price/Rent 10x 88 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Montgomery County has a Boom Town Index score of 88/100, ranking #120 among 996 U.S. counties. With job growth at +0.8% and a median household income of $61,942, it's an above-average county on economic indicators.

Is Montgomery County affordable?

The median home value in Montgomery County is $154,300 with median rent at $925/month. The income-to-home-value ratio is 0.4014, which is more affordable than the national average.

Is Montgomery County growing or shrinking?

Population growth: 0.0% year-over-year. Job growth: +0.8%. Home values changed +4.2% in the past 12 months.

Are people moving to Montgomery County?

Yes — 3.37% of Montgomery County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

DeKalb County, IL 98 Rock County, WI 98 Peoria County, IL 98 Macon County, IL 98 Lafayette County, MS 98 Cape May County, NJ 98 Sheboygan County, WI 98 Reno County, KS 98