Businesses for Sale | Montgomery, Illinois
Discover business opportunities, in or around Montgomery, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Montgomery, located in The Prairie State had a total population of 18,189 people.
City Statistics and Other Information About Montgomery
Demographics
From a total population of 18,189, Montgomery has a median age of 34. The average age of males, in Montgomery, is 33 while the average age of females is 34. When you compare the median age of men and women in Montgomery, there is an average difference of 1.21 years.
Income
The median income of individuals, in Montgomery, is $41,340 while the average household income is $101,847. In 2029, the average income per capita for Montgomery is expected to be $41,340.
Additional Information
60538Kane County
Is Montgomery the Best Location for Franchise Opportunities and Growth?
What is the average income in Montgomery?
The median household income in Montgomery is $101,847, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Montgomery an affordable place to start a franchise?
With a median income of $101,847, Montgomery presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Montgomery's income compare to other locations?
The median income of $101,847 in Montgomery is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Montgomery have a stable workforce to support my business?
Absolutely! With 5,142 employed individuals, Montgomery offers a solid labor force to support franchise growth.
Is Montgomery a growing economy?
With a workforce of 5,142 and a median household income of $101,847, Montgomery provides a stable economic environment for new business opportunities.
Does homeownership in Montgomery indicate a stable market?
Homeownership rates at 4,776 show a strong local investment in the community, which benefits long-term franchise success.
