Market AnalysisUpdated March 2026

Montgomery County, MD — Market Snapshot

Real estate market data for Montgomery County, Maryland. Census demographics, rental trends, and economic indicators for investors and developers.

Open Full Analysis →

Population

1,057,586

ACS 2023

Median Household Income

$144,541

ACS 2023

Renter-Occupied

35%

ACS 2023

Median Rent

$2,107/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19

25.1%

Ages 20–29

11.3%

Ages 30–39

13.5%

Ages 40–49

13.5%

Ages 50–59

13.7%

Ages 60–69

11.7%

Over 70

11.2%

Household Income Distribution

Under $30K

10.0%

$30K–$50K

8.0%

$50K–$75K

00.0%

$75K–$100K

00.0%

$100K–$150K

00.0%

Above $150K

00.0%

🔒 Unlock full income breakdown

See complete distribution + ZIP-level income mapping

Explore Dashboard →

Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Moderate (4-5x)

ACS 2023

Price-to-Income Ratio

7.8x

Redfin SFR ÷ FRED Per Capita Income

Very Affordable (<3x)Moderate (3–5x)Expensive (5–7x)Very Expensive (>7x)

7.8x

At 7.8x price-to-income, median home prices in Montgomery County are significantly above what income alone can support.

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value

$823,000

Median Gross Rent

$2,107/mo

Homeownership Rate

65%

Typical Monthly Housing Cost(owner-occupied w/ mortgage)

$2,364/mo

Median Annual Property Tax(ACS estimate)

$5,794

Vacancy Rate

Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Montgomery County HPI

285.3

FRED Q4 2025

Since 2020

+35.2% ↑

vs. 2020 baseline

“Montgomery County home values have appreciated 35.2% since 2020, trailing the Maryland statewide average of 45.8%.”

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

Market Tier

Bawa Score: 68 / 100

Grade and score are always visible. Factor breakdown requires a free account.

See the full breakdown before you commit to this market.

Full Neal Bawa factor breakdown, income screening, unemployment analysis, and ZIP-level signals.

Economic Indicators

Unemployment Rate

3.5%

Per Capita Personal Income

$104,882

Labor Force

534,197

GDP

$95B

Building Permits

3,656

▲ +146.0% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted

$8.2B

State Home Price Index

715.9

State GDP

$546B

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

Allegany County, MD →Anne Arundel County, MD →Baltimore County, MD →Calvert County, MD →Caroline County, MD →

← All Markets

Ready to go deeper on Montgomery County?

Get ZIP-level demographics, census tract maps, vacancy rates, rent trends, and full investor screening — all in one dashboard.

Explore Dashboard View Pricing