How America Moves

Montgomery County, NC

Migration of people and income, 2022–2023 filing years

Between the 2022 and 2023 filing years, Montgomery County, NC saw a net gain of 68 tax-filing households and a net gain of 181 individuals. On net, the area gained $8.1M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Randolph County; the largest outflow went to Randolph County. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$8.1M
nominal dollars
Net households
+68
tax returns
Net people
+181
exemptions

Income (AGI) in and out

Moved in$41.0M
Moved out$32.9M
Net +$8.1M (nominal)

Where movers came from

  1. 1Randolph County, NC85$4.4M
  2. 2Stanly County, NC84$5.9M
  3. 3Moore County, NC51$2.2M
  4. 4Mecklenburg County, NC33$2.4M
  5. 5Richmond County, NC24$1.5M
  6. 6Cabarrus County, NC23$2.0M
  7. 7Guilford County, NC23$1.4M
  8. 8Davidson County, NC20$1.4M

Where movers went

  1. 1Randolph County, NC82$4.3M
  2. 2Stanly County, NC81$6.2M
  3. 3Moore County, NC59$2.5M
  4. 4Richmond County, NC33$1.2M
  5. 5Davidson County, NC31$1.7M
  6. 6Mecklenburg County, NC28$2.7M
  7. 7Guilford County, NC20$683.0K

Net migration by year

Net 2012–2023: +$81.0M (+921 people)
20122023
Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012-$850.0K+101
2013+$6.7M-93
2014+$5.8M-122
2015+$8.6M+132
2016+$985.0K-226
2017+$2.9M+164
2018+$6.9M+43
2019+$5.2M+240
2020+$9.2M+114
2021+$19.2M+161
2022+$8.3M+226
2023+$8.1M+181

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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.