Market insights · Indiana
Montgomery County, IN: growth, migration and housing
Montgomery County has 38,954 residents, up 2.7% since 2020 (+0.1% in the last year). In 2022–2023, 896 households moved in and 824 moved out (+72 net), bringing in a net $3.4M of income. Median household income is $71,479, the median home $171,800 and median rent $858 a month.
In Indiana: 20th of 92 counties for 5-year population growth · 15th of 92 counties for net in-migration (per resident) · 35th of 92 counties for median household income · 56th of 92 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Montgomery County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Tippecanoe County, IN | 128 | $6.5M |
| Hendricks County, IN | 90 | $5.7M |
| Marion County, IN | 83 | $3.5M |
| Boone County, IN | 65 | $3.7M |
| Fountain County, IN | 49 | $2.5M |
| Putnam County, IN | 46 | $3.1M |
| Parke County, IN | 27 | $1.3M |
| Hamilton County, IN | 23 | $1.4M |
Where leavers went
Top counties by households leaving Montgomery County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Tippecanoe County, IN | 107 | $4.8M |
| Marion County, IN | 80 | $4.2M |
| Fountain County, IN | 68 | $3.1M |
| Hendricks County, IN | 49 | $2.5M |
| Boone County, IN | 44 | $2.2M |
| Putnam County, IN | 36 | $1.4M |
| Hamilton County, IN | 22 | $1.1M |
| Parke County, IN | 21 | $1.2M |
BizyFi in Montgomery County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.