Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Cost Of Living
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Crime
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Montgomery Village, Maryland is a medium-sized city with a population of 35,133 residents. Montgomery Village has a population density of 8,842 people per square mile. This would be considered well above the national population density level. More than a quarter of the residents of Montgomery Village identify themselves as Hispanic or Latino, and 28% of the population speak Spanish as their primary or secondary language. Something to be aware of when living in Montgomery Village are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 35 minutes, this comes in much higher than the national average of 26 minutes.
Living in Montgomery Village can be a good experience for anyone relocating to the city. Having said that, in the state of Maryland, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like crime, cost of living, housing and other key data points, finding the best places to live in Montgomery Village and in the areas around Montgomery Village is a much easier task.
Montgomery Village has a livability score of 62/100 and is ranked #308 in Maryland and #16,084 in the USA. There are nine total categories that create the livability score. Montgomery Village scores well for employment (A+) and housing (A+) There are some categories that Montgomery Village ranks poorly for, including: amenities (F), cost of living (F) and education (F). It might be worth taking a closer look to determine why.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Montgomery Village market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Montgomery Village meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Montgomery Village. Everything else becomes a lot less important if it turns out that home prices in Montgomery Village are simply unattainable. Median real estate prices in Montgomery Village come in at $563,199, which is 8.8% higher than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In Montgomery Village, the home price to income ratio is 4.6, which is 0% lower than the Maryland average.
| Statistic | Montgomery Village | Maryland | National |
| Average one way commute | 35min | 32min | 26min |
| Workers who drive to work | 64.4% | 73.7% | 76.4% |
| Workers who carpool | 13.8% | 9.3% | 9.3% |
| Workers who take public transit | 12.2% | 8.9% | 5.1% |
| Workers who bicycle | 0.2% | 0.3% | 0.6% |
| Workers who walk | 1.8% | 2.4% | 2.8% |
| Working from home | 6.8% | 4.4% | 4.6% |
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