Montrose, MN

Minnesota · Metropolitan Area

Montrose is a small town in Minnesota with a population of 3,840. Residents earn $98,832 per year, which is 32% above the national average.

4.3 /5.0
A Great
3,840 Population 1,247/sq mi density
$98,832 Median Income $37,074 per capita
$260,100 Home Value $317,962 Zillow
$1,313 Median Rent 23.2% income on rent
45°F Avg Temperature
A
Overall
4.3 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$98,832 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$260,100 home value, $1,313/mo rent
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher
Median Income $98,832
32% higher than US avg
Home Value $260,100
8% lower than US avg
Bachelor's+ 27.5%
18% lower than US avg
Median Rent $1,313
13% higher than US avg
Obesity Rate 37.2%
16% higher than US avg
Unemployment 2.6%
28% lower than US avg
Poverty Rate 5.9%
52% lower than US avg

How Montrose Compares to the U.S. Average (100% = U.S. avg)

People

Population3,840
Median Age34.7 yrs
Density1,247/mi²
Male / Female55% / 45%
Largest GroupWhite 87%

Economy

A+
Median Income$98,832
Per Capita$37,074
Unemployment2.6%
Poverty5.9%
County GDP$7,314M
Commute33 min

Housing

A+
Home Value$260,100
Rent$1,313
OwnershipN/A
Zillow$317,962
Rent Burden23.2%

Crime

ViolentN/A
PropertyN/A

Health

Obesity37.2%
UninsuredN/A
Depression26.1%
Heart Disease5.4%

Climate

Avg Temp45°F
AQI36 (Good)
Elevation993 ft

Education

B
Bachelor's+27.5%
High School+89.0%
School Score6.08

Community

2024 VoteR 64% / D 34%
Commute33 min
Libraries9

Is Montrose a Good Place to Live?

Based on current data, Montrose receives an overall livability score of 4.3 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, a low poverty rate, high health insurance coverage. Montrose stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Montrose is $98,832, which is significantly higher than the national average — 32% above $75,149. This places Montrose among higher-income communities. The job market is very strong with unemployment at just 2.6%. Only 5.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 33 minutes.

Cost of Living & Housing

The median home value in Montrose is $260,100, roughly aligned with the national median of $281,900. Renters pay a median of $1,313 per month. At just 2.6x median income, home prices are very affordable relative to local earnings.

Education

27.5% of residents hold a bachelor's degree, below the national average of 33.7%. 89.0% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Montrose has a cool climate with an average annual temperature of 45°F. Winters average 14°F in January while summers reach 72°F in July. Air quality is rated Good with a median AQI of 36.

Montrose has a population of 3,840 with a density of 1,247 people per square mile. The median age is 34.7 years, 11% younger than the national median of 38.9. The city is predominantly White (87.2%), with 5.1% Hispanic.

Population

3,840
Total Population
1,247
People / sq mi
34.7yrs
Median Age
11% below US avg
3.1mi²
Land Area

Gender Distribution

Male 55.2%
Female 44.8%

Race & Ethnicity

Montrose vs U.S. Average

Language Spoken at Home

English Only98.8%
26% above US avg
Spanish1.2%
91% below US avg

Social Characteristics

Montrose vs U.S. Average

The median household income in Montrose is $98,832, which is 32% above the national average of $75,149. The unemployment rate is 2.6% (below the 3.6% US average). 5.9% of residents live below the poverty line. Workers commute an average of 33 minutes.

Income: Montrose vs U.S.

Commute Mode

Income

Median HH Income$98,832
32% above US avg
Per Capita Income$37,074
Avg Weekly Wage$1,077
IRS Avg AGI$91,811

Employment & Poverty

Unemployment2.6%
28% below US avg
Poverty Rate5.9%
52% below US avg
Establishments (County)3,984
County GDP$7,314M

Business (County)

Restaurants224
Healthcare366
Retail401
Manufacturing188

Tax & Cost of Living

Property Tax (IRS)$4,714
35% above US avg
Effective Tax Rate1.81%

Commute & Transportation

Commute Time33.2 min
Work from Home8.9%

Walkability

The median home value in Montrose is $260,100, 8% below the national average. Monthly rent averages $1,313 (13% above US avg). Zillow estimates the typical home value at $317,962.

Home Value Sources

Ownership Split

Home Values

Census Median$260,100
8% below US avg
Zillow ZHVI$317,962
Median List Price$304,450

Real Estate Market (Redfin)

Median List Price$304,450
$/Sq Ft$174
Homes Sold7
Sale-to-List Ratio99.3%
Price Drops9.5%
Inventory21

Rental Costs

Census Median Rent$1,313
13% above US avg
Rent Burden23.2%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied77.3%

Property Tax

Avg Tax (IRS)$4,714
35% above US avg
Effective Rate1.81%
In Montrose, 37.2% of adults are obese (above the 32.1% national rate). 26.1% report depression. 23.3% are physically inactive.

Health Metrics: Montrose vs U.S. Average (%)

Chronic Conditions

Obesity37.2%
16% above US avg
Diabetes9.4%
Heart Disease5.4%
High Blood Pressure30.4%
Asthma10.6%
COPD5.6%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking20.1%
Physical Inactivity23.3%
Depression26.1%
Mental Distress17.4%
Physical Distress11.8%

Healthcare Access

Insurance Rate95.9%
Checkup Rate72.9%
Premature Death5,106/100K

Food & Exercise

Food Environment9.7/10
Exercise Access82.1%
Healthcare Facilities366

Crime Rates: Montrose vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)10

Safety Score

Montrose has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 72°F in July. Air quality is rated Good with a median AQI of 36.

Temperature

14°F Jan (-10°C) 72°F Jul (22°C)
Annual Average44.5°F
18% below US avg
January Average14°F (-10°C)
July Average72°F (22°C)

Precipitation & Snow

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation993 ft (303 m)
Area3.1 sq mi (8.0 km²)
Population Density1,247/sq mi
Coordinates45.0665°N, 93.9203°W
County FIPS27171
It is classified as Metro — 1 million+. 27.5% of residents hold a bachelor's degree or higher (18% below US avg). In the 2024 election, the county voted Republican by a 29.4-point margin.

2024 Presidential Election (County)

R 63.8%
D 34.4%

Winner: Republican by 29.4 points

Education

Bachelor's Degree+27.5%
18% below US avg
High School+89.0%
School Test Score6.08
B Education Grade (3.2/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,247/sq mi
Total Area3.1 sq mi

Infrastructure & Services

Alt Fuel Stations2
Public Libraries9
Healthcare Facilities366
Restaurants224
Retail Stores401

Safety & Disasters

Fatal Crashes (County/yr)10

Commute & Transportation

Avg Commute33.2 min
Work from Home8.9%

Nearby Cities

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