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Statistical Overview

Strategically located at the intersection of Interstates 65 and 85, Montgomery is the capital city of Alabama and its second largest city. The metropolitan area, comprised of Autauga, Elmore, Lowndes and Montgomery counties, has a population of 374,000. A region of vast economic diversity, Montgomery is home to state and regional governments, a major military installation, the U.S. Air Force Air University, an extensive service industry, wholesale and retail trade, tourism, and an industrial base. This unique diversity provides a well-balanced economic environment.

Population


City of Montgomery: 201,332

Montgomery County: 226,659
Autauga County: 55,246
Elmore County: 80,902
Lowndes County: 10,703

Montgomery Metro: 373,510


Source: U.S. Census, 2013 Estimates

Population Breakdown

Under 5 years old: 6.8%
5 to 9 years: 6.3%
10 to 14 years: 7.4%
15 to 19 years: 7.1%
20 to 24 years: 7.3%
25 to 34 years: 13.6%
35 to 44 years: 13.4%
45 to 54 years: 13.7%
55 to 59 years: 6.6%
60 to 64 years: 4.9%
65 to 74 years: 7.4%
75 to 84 years: 3.8%
85 years and over: 1.5%
Median age: 36.3
 
White: 52.3%
Black: 43.1%
American Indian/Alaska Native: 0.2%
Asian: 1.8%
Other race: 1.1%
Two or more races: 1.5% 
 
Male: 46.9%

Female: 53.1%


Source: U.S. Census, American Community Survey, 2012 Estimates
 
 
 

Climate


Average Max. Temp.: 76.4 
Average Min. Temp.: 53.9 
Average Temp.: 65.2 
Total Rainfall 57.44 
Total Snowfall 0.0 

Central Time Zone

Property Taxes

Residential is assessed at 10% and commercial is assessed at 20%: State $0.65 per $100 of assessed value; County $1.75 per $100 of assessed value; City $1.25 per $100 of assessed value. Combined rate is $3.65 per $100 of assessed value  

Sales Taxes

Sales tax in the city of Montgomery is 10% (4% state, 3.5% city, 2.5% county). Sales tax for automobiles is 3.583%

Corporate Income 

The state rate is 6.5%. Federal tax is an allowed deduction for state income tax

Individual Income

Sliding scale up to 5%. Federal tax is an allowed deduction for state income tax

 

 


Check out Montgomery's great quality of life through the Montgomery Business Journal's Economic Intel:


Related Links


Calendar of Events

Business After Hours
Thu, 27 Apr 2017
5:00 PM - 7:00 PM

Military Salute at Riverwalk Stadium
Sat, 29 Apr 2017
6:30 PM - 10:00 PM

BizTalk MGM Radio Broadcast
Mon, 01 May 2017
6:00 PM - 6:30 PM

60 Minute Coffee
Wed, 03 May 2017
8:00 AM - 9:00 AM

Conversations: Roundtables for Professional Women
Thu, 04 May 2017
11:00 AM - 1:00 PM

BizTalk MGM Radio Broadcast
Mon, 08 May 2017
6:00 PM - 6:30 PM



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