Montgomery County, Ohio: commercial real estate data.
Montgomery County, Ohio has a population of 536,096 across 462 square miles, up 0.0 percent since the 2020 census base. County output reached $40.10 bn in 2024, 10,930 establishments operate here, and the SBA record carries 751 7(a) approvals worth $337.7 m.
129 sourced county values · tier FULL · 12 sections
Montgomery County
How many people live in Montgomery County
- Population536,096
- Households231,319
- Average household size2.32
- Median household income$66,139
- Median age38.8
- Median gross rent$1,026 per month
- Median owner-occupied home value$180,900
- Home value to household income2.7 times
- Annual rent as a share of median income18.6 percent
- Adults 25 and over with a bachelor degree or higher31.3 percent
- Adults 25 and over with a graduate degree12.9 percent
- Adults 25 and over368,749
- Population under 18118,834
- Share under 1822.2 percent
- Population 65 and over99,611
- Share 65 and over18.6 percent
- Working age population, 18 to 64317,651
- Civilian labor force269,810
- Unemployment rate5.7 percent
- Labor force participation, adults 18 and over64.7 percent
- Rank by population among Ohio counties5th of 88
- Rank by population among US county-equivalents134th
Montgomery County is the 5th largest of 88 Ohio counties by population. A median home costs 2.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.2 percent against 18.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Montgomery County
Is Montgomery County growing
- Population change since the 2020 census base0.03 percent
- Census 2020 base population537,301
- Births, 20245,879
- Deaths, 20246,450
- Natural change, 2024-571
- Net domestic migration, 2024-6
- Net international migration, 20242,699
- Total net migration, 20242,693
- Cumulative net domestic migration, 2021 to 2024-2,987
- Rank by growth among US county-equivalents1815th
The county has grown 0.03 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Montgomery County
Where people moving to Montgomery County come from
- Tax returns filed by households arriving12,519
- People arriving, from those returns21,247
- Adjusted gross income arriving$707.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$56,480
- Largest single originMontgomery County Non-migrants (208,527 households)
- Largest single destination (208,527 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Montgomery County Non-migrants | 208,527 | 392,774 | $15.41 bn |
| Other flows - Different State | 3,231 | 5,847 | $205.0 m |
| Greene County | 2,145 | 3,575 | $120.0 m |
| Other flows - South | 1,471 | 2,715 | $86.7 m |
| Warren County | 1,054 | 1,763 | $66.8 m |
| Other flows - Midwest | 738 | 1,293 | $47.3 m |
| Miami County | 715 | 1,150 | $37.2 m |
| Butler County | 690 | 1,157 | $33.0 m |
The largest single source of arrivals is Montgomery County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Montgomery County
What the Montgomery County economy runs on
- County GDP, 2024$40.10 bn
- County GDP, 2023$38.17 bn
- GDP change, 2023 to 20245.1 percent
- GDP change over five years28.3 percent
- Rank by GDP among Ohio counties5th
- Rank by GDP among US county-equivalents148th
- GDP per resident$74,794
Output grew 5.1 percent in the latest year and 28.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Montgomery County
Who employs people in Montgomery County
- Covered employment, annual average250,085
- Establishments reporting13,276
- Average annual pay$61,439
- Average weekly wage$1,182
- Sector 62, employment51,660
- Sector 62, average annual pay$65,382
- Sector 31-33, employment27,229
- Sector 31-33, average annual pay$67,948
- Sector 44-45, employment23,592
- Sector 44-45, average annual pay$37,370
- Sector 72, employment22,144
- Sector 72, average annual pay$23,045
- Sector 54, employment14,217
- Sector 48-49, employment13,323
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 51,660 | 1,873 | $65,382 |
| Sector 31-33 | 27,229 | 688 | $67,948 |
| Sector 44-45 | 23,592 | 1,572 | $37,370 |
| Sector 72 | 22,144 | 1,170 | $23,045 |
| Sector 54 | 14,217 | 1,719 | $93,964 |
| Sector 48-49 | 13,323 | 342 | $59,321 |
| Sector 56 | 11,364 | 810 | $44,691 |
| Sector 23 | 10,593 | 851 | $79,445 |
The largest sector is the biggest private employer group at 51,660 jobs, 20.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Montgomery County
What businesses operate in Montgomery County
- Establishments, all industries10,930
- Employment at those establishments234,881
- Annual payroll$13.88 bn
- Establishments per 1,000 residents20.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Montgomery County
What is being built in Montgomery County
- Housing units authorised by permit, 2024933
- Declared construction value permitted$188.0 m
- Single family units authorised349
- Multifamily units authorised584
- Multifamily share of units62.6 percent
- Average declared value per unit$201,459
- Units authorised per 1,000 households4.0
Multifamily is 62.6 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Montgomery County
How much SBA lending happens in Montgomery County
- 7(a) approvals recorded751
- 7(a) gross approval dollars$337.7 m
- Average 7(a) approval$449,621
- Median 7(a) approval$150,000
- 10th percentile approval$25,000
- 90th percentile approval$1,244,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)6,933
- Jobs per approval9.2
- Distinct 7(a) lenders active75
- Distinct industries receiving approvals215
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer11.3 percent
- Loans on real estate terms85
- Loans on working capital terms, 120 months or shorter636
- Franchise loans89
- Franchise share of approvals11.9 percent
- Leading industry by approval countGeneral Freight Trucking, Long-Distance, Truckload (101)
- Most active lenderThe Huntington National Bank (389)
- 504 approvals recorded153
- 504 gross approval dollars$81.8 m
- Average 504 approval$534,373
- Median 504 approval$315,000
- Distinct CDCs active9
- 504 jobs per approval8.7
- 504 jobs per million dollars approved16.3
- Most active CDCCitywide Small Business Development Corporation (59)
- 7(a) share of SBA approvals83.1 percent
- Combined SBA approval dollars$419.4 m
The average approval of $449,621 sits well above the median of $150,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 11.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montgomery County
Do SBA loans in Montgomery County get paid back
- Loans with a final outcome recorded151
- Paid in full139
- Charged off12
- Charge off rate on resolved loans7.9 percent
- Status: Paid in full139
- Status: Exempt from disclosure451
- Status: Cancelled98
- Status: Charged off12
- Status: Committed, not yet disbursed51
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 484121 | General Freight Trucking, Long-Distance, Truckload | 43 | 4 | 9.3% |
Of the 151 loans that have reached a final outcome, 7.9 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong. Among industries with at least ten resolved loans, General Freight Trucking, Long-Distance, Truckload carries the highest charge off rate at 9.3 percent.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Montgomery County
Which parts of Montgomery County get the lending
- Places in the county with recorded lending26
- DAYTON, approvals467
- Miamisburg, approvals57
- Centerville, approvals43
- Huber Heights, approvals30
- MORAINE, approvals27
- Vandalia, approvals25
| Place | Approvals | Gross approval dollars |
|---|---|---|
| DAYTON | 467 | $194,562,500 |
| Miamisburg | 57 | $32,833,000 |
| Centerville | 43 | $10,913,100 |
| Huber Heights | 30 | $10,643,900 |
| MORAINE | 27 | $26,431,400 |
| Vandalia | 25 | $14,021,200 |
| Kettering | 18 | $13,530,600 |
| Englewood | 16 | $5,664,600 |
DAYTON accounts for 467 approvals against 57 in Miamisburg. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Montgomery County
How big is Montgomery County
- Land area462 sq mi
- Rank by land area among Ohio counties37th of 88
- Width, east to west23.1 mi
- Height, north to south23.8 mi
- Geographies sharing a boundary7
- Residents per square mile of land1,160
- Establishments per square mile23.66
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Montgomery County
What hazards affect Montgomery County
- EPA radon zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
- Communities in the NFIP Community Status Book20
- Of those, participating in the NFIP17
- NFIP participation rate85.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class2
The EPA places the county in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The best Community Rating System class in the county is 7, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Montgomery County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Montgomery County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population536,096
- Households231,319
- Average household size2.32
- Median household income$66,139
- Median age38.8
Common questions
Montgomery County questions, answered from the record.
How many people live in Montgomery County, Ohio?
536,096, in 231,319 households, ranking 5th of 88 Ohio counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Montgomery County growing?
The population has grown 0.03 percent since the 2020 census base. In 2024 there were 5,879 births against 6,450 deaths, with net migration of 2,693. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Montgomery County?
$66,139. The median owner-occupied home is valued at $180,900, which is 2.7 times income, and median gross rent is $1,026 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Montgomery County?
10,930 establishments, employing 234,881 people with an annual payroll of $13.88 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Montgomery County?
Average annual pay is $61,439, or $1,182 a week, across 250,085 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Montgomery County?
751 7(a) approvals totalling $337.7 m since FY2020, across 75 lenders, with a median approval of $150,000, plus 153 504 approvals worth $81.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Montgomery County get paid back?
Of the 151 loans that have reached a final outcome, 139 were paid in full and 12 charged off, a charge off rate of 7.9 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Montgomery County?
933 housing units were authorised by permit in 2024, with a declared construction value of $188.0 m. Multifamily was 62.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Montgomery County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Montgomery County come from?
The largest single origin is Montgomery County Non-migrants, with 208,527 households. Arriving households report an average income of $56,480 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Montgomery County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Montgomery County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.