Montgomery County
Pennsylvania · Pop. 856,553
Ranked #103 of 200 counties
40Moderate
Median Home Price
🏠$420K
3.2% YoY
Median Rent
🔑$1,700
Median Income
💰$95K
Rent Burden
📊25.5%
% of income to rent
Housing Shortage
🏗️8,000
estimated unit deficit
Building Permits (2024)
📋3,200
Price-to-Income Ratio
⚖️4.4x
Homeownership Rate
🏡74.0%
How Montgomery County Compares
| Metric | Montgomery County | Pennsylvania | National |
|---|---|---|---|
| Home Price | $420K | $260K | $410K |
| Rent | $1,700 | $1,197 | $1,500 |
| Income | $95K | $74K | $75K |
| Rent Burden | 25.5% | 31.5% | 30.0% |
| Homeownership | 74.0% | 69.0% | 65.0% |
Key Takeaways
- • Home prices are 2% above the national average.
- • Rent is 13% above the national average.
- • The county has an estimated housing shortage of 8,000 units.
- • 3,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.2%.