How America Moves

Montgomery County, VA

Migration of people and income, 20222023 filing years

Between the 2022 and 2023 filing years, Montgomery County, VA saw a net loss of 428 tax-filing households and a net loss of 506 individuals. On net, the area lost $28.2M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Radford city; the largest outflow went to Radford city. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
-$28.2M
nominal dollars
Net households
-428
tax returns
Net people
-506
exemptions

Income (AGI) in and out

Moved in$177.3M
Moved out$205.5M
Net -$28.2M (nominal)

Net migration by year

Net 2012–2023: -$376.2M (-8,102 people)
20122023
Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012-$11.7M-421
2013-$11.8M-484
2014-$11.6M-624
2015-$9.9M-152
2016-$25.8M-880
2017-$44.5M-1,360
2018-$18.7M-705
2019-$26.7M-651
2020-$36.7M-923
2021-$62.1M-674
2022-$88.5M-722
2023-$28.2M-506

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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.