Montgomery is a medium-sized village located in the state of Illinois. With a population of 21,799 people and six associated neighborhoods, Montgomery is the 122nd largest community in Illinois. Much of the housing stock in Montgomery was built relatively recently. The construction of new real estate can often be taken as an indication that the local Montgomery economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Montgomery, where the median household income is $105,240.00.

Montgomery real estate is some of the most expensive in Illinois, although Montgomery house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Montgomery has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 8.29% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One downside of living in Montgomery is that it can take a long time to commute to work. In Montgomery, the average commute to work is 32.55 minutes, which is quite a bit higher than the national average.

The percentage of people in Montgomery who are college-educated is somewhat higher than the average US community of 21.84%: 28.40% of adults in Montgomery have at least a bachelor's degree.

The per capita income in Montgomery in 2022 was $34,600, which is middle income relative to Illinois and the nation. This equates to an annual income of $138,400 for a family of four. However, Montgomery contains both very wealthy and poor people as well.

Montgomery is an extremely ethnically-diverse village. The people who call Montgomery home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Montgomery residents report their race to be White, followed by Black or African-American. Montgomery also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 32.28% of the village’s residents. Important ancestries of people in Montgomery include German, Irish, Polish, English, and Italian.

The most common language spoken in Montgomery is English. Other important languages spoken here include Spanish and Langs. of India.