Montrose, IA
Full City Profile · Iowa · Lee County County
3.7
/5.0
B+
Good
688
Population
569/sq mi density
$73,333
Median Income
$33,897 per capita
$92,100
Home Value
$192,869 Zillow
$654
Median Rent
24.2% income on rent
52°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$73,333 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$92,100 home value, $654/mo rent
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
2.5%
31% 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 Rate | 2.5% |
| Poverty Rate | 5.2% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 17 minutes |
| Drive Alone | 88.0% |
| Public Transit | 0.0% |
| Work From Home | 3.3% |
Businesses
| Total Establishments | 1,061 |
| Restaurants | 83 |
| Healthcare | 88 |
| Retail | 108 |
| Manufacturing | 50 |
Tax
| IRS Avg AGI | $68,118 |
| Avg Property Tax | $4,062 |