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Montrose, MN

Full City Profile · Minnesota · Wright County County

3.5 /5.0
B+ Good
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 258 sunny days/yr
69 Violent Crime/100K 1,923 property/100K
B+
Overall
3.5 / 5.0
Good 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
F
Safety
1.0 / 5.0
69 violent crimes/100K
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher

Income Overview

Median Household Income
$98,832
32% above
US avg: $75,149
Per Capita Income
$37,074
5% below
US avg: $39,052
Unemployment Rate
2.6%
28% below
US avg: 3.6%
Poverty Rate
5.9%
52% 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
$98,832
132%
Per Capita
US: $39,052
$37,074
95%
IRS Avg AGI
US: $72,000
$91,811
128%
Avg Weekly Wage
US: $1,432
$1,077
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,077
25% below US avg ($1,432)
Mean Commute Time
33 min
20% above US avg (28 min)
Work From Home
8.9%
41% below US avg (15.2%)
Drive Alone
85.3%
17% above US avg (73.2%)
Public Transit
0.8%
84% below US avg (5.0%)
County GDP
$7,314M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 85.3%
Public Transit 0.8%
Work From Home 8.9%
Other 5%
Average commute time
33 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,984
Restaurants
224
Healthcare
366
Retail
401
Manufacturing
188

Tax & Financial

IRS Avg Adjusted Gross Income
$91,811
28% above US avg ($72,000)
Avg Property Tax
$4,714
35% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$98,832
Per Capita Income$37,074
IRS Avg Adjusted Gross Income$91,811
Avg Weekly Wage$1,077
County GDP$7,314M

Hardship Indicators

Unemployment Rate2.6%
Poverty Rate5.9%
Gini Coefficient0.379
Cost of Living Index98.6

Commute

Mean Commute33 minutes
Drive Alone85.3%
Public Transit0.8%
Work From Home8.9%

Businesses

Total Establishments3,984
Restaurants224
Healthcare366
Retail401
Manufacturing188

Tax

IRS Avg AGI$91,811
Avg Property Tax$4,714