At a Glance
Median Income
$98,832
$37,074 per capita
Home Value
$260,100
Zillow: $323,751
Median Rent
$1,313/mo
23.2% of income on rent
Bachelor's Degree+
27.5%
89.0% high school+
Unemployment
3.3%
5.9% poverty rate
Obesity Rate
37.2%
15.6% smoking rate
How Montrose Compares to the U.S. Average
Each bar shows Montrose's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Montrose a Good Place to Live?
A
4.3 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Montrose residents earn a median household income of $98,832 , which is 32% above the national average of $75,149.
Per capita income is $37,074. The unemployment rate stands at 3.3% (8% below the U.S. rate of 3.6%). 5.9% of residents live below the poverty line. The area is home to 3,984 business establishments, including 224 restaurants.
Housing & Cost of Living
The median home value in Montrose is $260,100 , 8% below the national median of $281,900.
Zillow estimates the typical home at $323,751. Median rent is $1,313/month, with 23.2% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 2002.
Education
27.5% of adults in Montrose hold a bachelor's degree or higher
(18% below the national average).
89.0% have completed high school. Local schools score 6.9/10 in standardized testing.
Climate & Weather
Montrose has an average annual temperature of 45°F (7°C).
Winters average 14°F in January while summers reach 72°F in July. Annual precipitation totals 30.6 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population3,840
Median Age34.7 yrs
Density1,247/mi²
Male / Female55% / 45%
Foreign Born1.7%
Veterans6.1%
Economy
A+
Median Income$98,832
Per Capita$37,074
Unemployment3.3%
Poverty5.9%
County GDP$7,314M
Avg Weekly Wage$1,077
Housing
A+
Home Value$260,100
Rent$1,313
Ownership77.3%
Zillow$323,751
Housing Units1,522
Rent Burden23.2%
Health
Obesity37.2%
Diabetes9.4%
Smoking15.6%
Heart Disease5.4%
Premature Death5,106/100K
Climate
Avg Temp45°F
Rain30.6 in/yr
AQI41 (Good)
Elevation993 ft
Education
B
Bachelor's+27.5%
High School+89.0%
Graduate+3.4%
School Score6.9/10
Community
2024 VoteR 64% / D 34%
Commute33 min
Broadband93.4%
Internet Speed136 Mbps
EV Stations4
Libraries9
Did You Know?
The median home in Montrose was built in 2002.
The nearest airport is St Cloud Regional (34 miles).
The Gini coefficient (income inequality) is 0.379 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
10.4% of the population has a disability.
Average internet download speed is 136 Mbps.
There are 224 restaurants in the area.
The county recorded 10 fatal vehicle crashes.