Montgomery is located in south Minnesota. Montgomery is between the Le Sueur, Rice county. Montgomery has 2.62 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Montgomery population is 2,935, which has grown 5.05% since 2000. The population growth rate is lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Montgomery median household income is $49,755 in 2010-2014 and has grown by 45.72% since 2000. The income growth rate is much higher than the state average rate of 29.12% and is much higher than the national average rate of 27.36%. Montgomery median house value is $113,500 in 2010-2014 and has grown by 26.39% since 2000. The house value growth rate is much lower than the state average rate of 51.31% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Montgomery is much better than the state average in quality. The Montgomery area code is 507.