Market insights · Virginia
Montgomery County, VA: growth, migration and housing
Montgomery County has 98,434 residents, down 1.2% since 2020 (+0.1% in the last year). In 2022–2023, 2,961 households moved in and 3,346 moved out (-385 net), while a net $24.9M of income left. Median household income is $72,715, the median home $304,600 and median rent $1,240 a month.
In Virginia: 100th of 133 counties for 5-year population growth · 126th of 133 counties for net in-migration (per resident) · 58th of 133 counties for median household income · 54th of 133 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) |
|---|---|---|
| Radford city, VA | 171 | $7.4M |
| Pulaski County, VA | 152 | $8.1M |
| Roanoke County, VA | 119 | $8.0M |
| Fairfax County, VA | 91 | $5.8M |
| Roanoke city, VA | 88 | $4.3M |
| Giles County, VA | 81 | $4.0M |
| Floyd County, VA | 74 | $3.7M |
| Loudoun County, VA | 45 | $2.8M |
Where leavers went
Top counties by households leaving Montgomery County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Radford city, VA | 200 | $8.3M |
| Pulaski County, VA | 190 | $10.8M |
| Roanoke County, VA | 120 | $6.9M |
| Fairfax County, VA | 106 | $5.9M |
| Roanoke city, VA | 101 | $4.9M |
| Giles County, VA | 89 | $4.3M |
| Floyd County, VA | 78 | $4.3M |
| Richmond city, VA | 66 | $2.7M |
BizyFi in Montgomery County
Fewer than 3 companies in the BizyFi directory are based here. Search them on the company map (company names with a free account), or browse Virginia companies.
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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.