Market insights · Kentucky
Montgomery County, KY: growth, migration and housing
Montgomery County has 28,822 residents, up 2.5% since 2020 (+0.0% in the last year). In 2022–2023, 787 households moved in and 738 moved out (+49 net), bringing in a net $0.7M of income. Median household income is $56,396, the median home $172,200 and median rent $830 a month.
In Kentucky: 51st of 120 counties for 5-year population growth · 48th of 120 counties for net in-migration (per resident) · 64th of 120 counties for median household income · 42nd of 120 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) |
|---|---|---|
| Clark County, KY | 81 | $4.0M |
| Fayette County, KY | 79 | $3.9M |
| Bath County, KY | 66 | $2.0M |
| Powell County, KY | 47 | $2.1M |
| Rowan County, KY | 41 | $1.5M |
| Menifee County, KY | 36 | $1.4M |
| Madison County, KY | 24 | $0.9M |
| Scott County, KY | 24 | $1.5M |
Where leavers went
Top counties by households leaving Montgomery County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Bath County, KY | 88 | $3.5M |
| Clark County, KY | 80 | $4.2M |
| Fayette County, KY | 79 | $5.1M |
| Rowan County, KY | 50 | $1.9M |
| Powell County, KY | 49 | $2.0M |
| Menifee County, KY | 43 | $1.6M |
| Madison County, KY | 26 | $1.5M |
| Bourbon County, KY | 20 | $0.9M |
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.