Where Are People Moving in Montgomery, VA?

IRS county-to-county migration, 2023 tax year (released about two years after the tax year it covers).

People moving in

1,205

People moving out

1,545

Net migration

-446

Montgomery, VA is a net loser of residents. In the latest IRS data (2023 tax year), 1,205 people moved in and 1,545 moved out, for a net loss of -446. Net outflows can soften local rent and price growth over time, though the cause matters as much as the number.

Migration is most useful read alongside the rest of the market. People move for jobs, affordability, climate, and lifestyle, and where they come from and go to says a lot about what a county is competing on. Below are the specific counties driving Montgomery, VA’s flows in each direction.

Top counties people moved to Montgomery, VA from

Origin countyReturnsPeople
Radford, VAVirginia171262
Pulaski, VAVirginia152271
Roanoke, VAVirginia119212
Fairfax, VAVirginia91119
Roanoke, VAVirginia88142
Giles, VAVirginia81126
Floyd, VAVirginia74117
Prince William, VAVirginia4558
Loudoun, VAVirginia4558
Salem, VAVirginia3848

Top counties people left Montgomery, VA for

Destination countyReturnsPeople
Radford, VAVirginia200314
Pulaski, VAVirginia190320
Roanoke, VAVirginia120197
Fairfax, VAVirginia106128
Roanoke, VAVirginia101156
Giles, VAVirginia89141
Floyd, VAVirginia78166
Richmond, VAVirginia6673
Arlington, VAVirginia5661
Wake, NCNorth Carolina5165

“Returns” counts tax returns (a household proxy) that moved along each flow; “People” counts the individuals on those returns, when reported. IRS aggregate and foreign pseudo-rows are excluded. Informational only, not financial advice.

Frequently asked questions

Are people moving to Montgomery, VA or leaving?

Montgomery, VA had a net loss of -446 residents in the latest IRS data (2023 tax year), with 1,205 people moving in and 1,545 moving out. Net migration is inflow minus outflow.

Where are people moving to Montgomery, VA from?

The largest sources of new Montgomery, VA residents are Radford, VA, Pulaski, VA, Roanoke, VA. The full top-ten list of origin counties is in the table above.

Where do people leaving Montgomery, VA go?

People leaving Montgomery, VA most often move to Radford, VA, Pulaski, VA, Roanoke, VA. The full top-ten list of destination counties is in the table above.

What does Montgomery, VA migration mean for housing?

Migration is a leading demand signal. Sustained net inflows tend to support rents and home prices when supply cannot keep up, while net outflows can soften them. Read this alongside Montgomery, VA's price forecast, building permits, and affordability on the full county dashboard before drawing a conclusion.

How current is this Montgomery, VA migration data?

It comes from IRS Statistics of Income county-to-county migration data, which is released about two years after the tax year it covers; the figures above reflect the 2023 tax year. That lag is normal for this dataset, which counts actual tax returns rather than survey estimates.

Where Are People Moving in Montgomery, VA? Migration In, Out & Net | Curb Report