By Marcus Webb, Senior Editor, State Tax & Retirement Geography·Montgomery County
Montgomery is the #2 city in Alabama by population (200,022
residents across 79,866 households; median household income $42,927). Federal gold IRA
rules are identical here to anywhere else in the US — what changes at the state line
is the money around the metal: no sales tax on bullion at
purchase, and ordinary income rates when you take distributions.
The thresholds, sources and storage picture behind those two lines live in the gold IRA guide for Alabama. Below: the city snapshot our
desk compiles for Montgomery, the rated companies that serve it, and where its metals
would physically sit.
Montgomery snapshot
Montgomery, Alabama — city profile
Measure
Value
Population
200,022
Households
79,866
Median household income
$42,927
County
Montgomery County
ZIP codes served
38
Land area
159.8 sq mi
Source: U.S. Census Bureau estimates (via our cities dataset) · checked October 24, 2026
Where Montgomery IRA metals would sit
Metals in your IRA can't sit in a Montgomery safe-deposit box or home safe — an
IRS-approved depository arranged by the custodian holds them, and the vault your
custodian uses decides fees and logistics. To make the geography concrete, we
measure the straight-line distance from Montgomery to the two reference vaults we
track nationally:
Straight-line distance from Montgomery to reference depositories
Facility
Distance
Delaware Depository (Wilmington, DE)
≈ 790 mi
Texas Bullion Depository (Leander, TX)
≈ 690 mi
Method: great-circle distance from city coordinates, rounded to 10 miles — an
indicator of logistics, not a quote. Alabama's full storage picture: state guide.
Gold IRA companies serving Montgomery — network ratings
Company
Overall
Fees
Feedback
Min. investment
Noble Gold Investments
4.1
3.5
4.5
Varies — see review
GoldStar Trust
4.0
4.0
4.0
N/A (custodian)
Augusta Precious Metals
4.0
3.0
4.5
$50,000 for cash or IRA purchases
Advantage Gold
3.9
3.5
4.0
$10,000–$25,000
Birch Gold Group
3.9
3.5
3.5
$5,000 recommended minimum
Goldco
3.9
3.5
4.0
$25,000 generally required for gold IRA…
American Hartford Gold
3.8
3.5
4.0
$10,000 for a Gold IRA
Lear Capital
3.3
3.0
3.5
$10,000 for a Gold IRA
Preserve Gold
3.2
3.0
3.5
$10,000–$25,000
Regal Assets
1.3
2.0
1.0
$5,000
Montgomery gold IRA questions
Do I pay sales tax on gold IRA purchases in Montgomery?
No sales tax on bullion — the rule is set at the state level. Alabama exempts investment-grade gold, silver, platinum and palladium bullion and qualifying coins from state and local sales tax (Administrative Code rule 810-6-2-.27). Source: AL DOR — Rule 810-6-2-.27, checked October 2026.
Where would metals from a Montgomery gold IRA be stored?
Not at home: IRS rules require an approved depository arranged by your custodian. Measured from Montgomery, the industry's reference vaults sit roughly 790 mi (Delaware Depository) and 690 mi (Texas Bullion Depository). The distance doesn't affect IRS approval — the vault your custodian uses decides fees and logistics.
Does Montgomery add its own tax on IRA distributions?
Income tax is set at the state level, not by cities — with rare exceptions like New York City's resident tax, which none of our covered cities share. Alabama taxes IRA distributions as ordinary income at progressive rates up to 5%; most defined-benefit pension income and up to $6,000 of defined-contribution distributions are exempt.
City guides for 2 more Alabama cities are in
preparation.
Important
Educational information only — not investment, tax or legal advice. Verify current state and
local tax treatment with the Alabama revenue department before acting.
