Economy & Jobs — Montgomery, Minnesota

Income & Employment

Median Household Income (Census)$79,432
Estimated 2026~$84,300
Per Capita Income$36,504
Poverty Rate5.8%
Unemployment Rate2.9%
In Labor Force1,862

Top Industries

IndustryShare
Manufacturing25.0%
Education Healthcare19.9%
Arts Food12.5%

Local Businesses (County)

TypeCount
Insurance Agencies19
Real Estate Offices18
Auto Repair16
Gas Stations13
Full Service Restaurants13
Bars13
Commercial Banks10
Dental Offices10
Liquor Stores8
Child Day Care6
Fast Food6
Grocery Stores5
Physician Offices5
Chiropractors5
Beauty Salons4
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.