Real Estate details: Montgomery IL vs Richmond MO
RE Insights
| Metric | Montgomery | Richmond |
|---|---|---|
| Population | 21,799 | 5,959 |
| Median Home Price | $260,000 | $150,000 |
| Rent | 24% | 40% |
| Own | 76% | 60% |
Real Estate Insights Comparison: Montgomery vs Richmond
- Montgomery has a larger population of 21,799 compared to 5,959 in Richmond.
- A higher median home price of $260,000 is found in Montgomery compared to $150,000 in Richmond.
- The rent percentage in Richmond is higher at 40% compared to 24% in Montgomery.
- A greater percentage of homeowners in Montgomery at 76% compared to 60% in Richmond.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.