Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Montgomery Village, Maryland, is categorized as a "Majority-Minority" community with "Moderate Diversity." As of 2022, no single racial group constitutes a majority, with Hispanic (33%), White (25%), and Black (24%) populations forming the largest segments. The city's median income of $95,237 in 2022 indicates a relatively affluent area, situated in Montgomery County.
Over the past decade, Montgomery Village has transitioned from a "Moderate Diversity" community with a White plurality to a "Majority-Minority" area. The most significant changes include a decline in White population from 37% in 2013 to 25% in 2022, growth in Hispanic population from 25% in 2013 to 33% in 2022, a slight increase in Black population from 22% in 2013 to 24% in 2022, and a stable Asian population remaining around 11-13% throughout the period. This shift aligns with the "Transitional Community" category, as evidenced by the consistent growth of Hispanic and multiracial populations over the years.
The median income has shown an overall upward trend, increasing from $94,151 in 2013 to $95,237 in 2022, with some fluctuations in between. Notably, there was a significant jump to $101,256 in 2021. The population has grown modestly from 38,748 in 2013 to 39,982 in 2022, suggesting a stable community with gradual growth.
The demographic shifts in Montgomery Village reflect broader trends seen in many suburban areas near major metropolitan centers, where increasing diversity and growing Hispanic populations are common. The area's high median income compared to national averages suggests it remains an attractive location for middle to upper-middle-class families of diverse backgrounds.
Based on the observed trends, Montgomery Village is likely to continue its trajectory as a "Transitional Community" moving towards even greater diversity. The Hispanic population may continue to grow, potentially becoming a plurality in the near future. The community might transition into a "High Diversity" category if the Asian population continues to grow alongside other minority groups.
Economically, the area is likely to maintain its affluence, with median incomes potentially continuing to rise gradually. This economic stability, combined with increasing diversity, may attract more professionals from various ethnic backgrounds, further enhancing the area's multicultural character.
Montgomery Village exemplifies a suburban community in transition, evolving from a predominantly White area to a diverse, majority-minority community. This shift, coupled with economic stability, positions the city as an increasingly attractive location for a wide range of ethnic and socioeconomic groups seeking a diverse, affluent suburban lifestyle.