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Montrose, IA

Full City Profile · Iowa · Lee County County

3.1 /5.0
B Good
688 Population 569/sq mi density
$73,333 Median Income $33,897 per capita
$92,100 Home Value $175,918 Zillow
$654 Median Rent 24.2% income on rent
52°F Avg Temperature 275 sunny days/yr
873 Violent Crime/100K 4,087 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$73,333 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$92,100 home value, $654/mo rent
F
Safety
1.0 / 5.0
873 violent crimes/100K (130% above avg)
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher

Income Overview

Median Household Income
$73,333
2% below
US avg: $75,149
Per Capita Income
$33,897
13% below
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
5.2%
58% below
US avg: 12.4%

Income Comparison: Montrose vs. U.S. Average

Each bar shows Montrose’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$73,333
98%
Per Capita
US: $39,052
$33,897
87%
IRS Avg AGI
US: $72,000
$68,118
95%
Avg Weekly Wage
US: $1,432
$1,103
77%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,103
23% below US avg ($1,432)
Mean Commute Time
17 min
39% below US avg (28 min)
Work From Home
3.3%
78% below US avg (15.2%)
Drive Alone
88.0%
20% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,264M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 88%
Public Transit 0%
Work From Home 3.3%
Other 8.7%
Average commute time
17 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,061
Restaurants
83
Healthcare
88
Retail
108
Manufacturing
50

Tax & Financial

IRS Avg Adjusted Gross Income
$68,118
5% below US avg ($72,000)
Avg Property Tax
$4,062
16% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$73,333
Per Capita Income$33,897
IRS Avg Adjusted Gross Income$68,118
Avg Weekly Wage$1,103
County GDP$2,264M

Hardship Indicators

Unemployment Rate1.4%
Poverty Rate5.2%
Gini Coefficient0.448
Cost of Living Index87.8

Commute

Mean Commute17 minutes
Drive Alone88.0%
Public Transit0.0%
Work From Home3.3%

Businesses

Total Establishments1,061
Restaurants83
Healthcare88
Retail108
Manufacturing50

Tax

IRS Avg AGI$68,118
Avg Property Tax$4,062