At a Glance
Median Income
$86,000
$40,064 per capita
Home Value
$216,700
Zillow: $382,977
Median Rent
$498/mo
16.4% of income on rent
Bachelor's Degree+
25.4%
89.8% high school+
Unemployment
0.0%
3.4% poverty rate
Obesity Rate
35.4%
14.2% 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
4.2 / 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 $86,000 , which is 14% above the national average of $75,149.
Per capita income is $40,064. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 3.4% of residents live below the poverty line. The area is home to 246 business establishments, including 18 restaurants.
Housing & Cost of Living
The median home value in Montrose is $216,700 , 23% below the national median of $281,900.
Zillow estimates the typical home at $382,977. Median rent is $498/month, with 16.4% of renters spending more than 30% of income on housing. The cost of living index is 88.6 (100 = national average). The median home was built in 1991.
Education
25.4% of adults in Montrose hold a bachelor's degree or higher
(25% below the national average).
89.8% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Montrose has an average annual temperature of 44°F (7°C).
Winters average 14°F in January while summers reach 72°F in July. Annual precipitation totals 28.1 inches.
Data Overview
People
Population514
Median Age39.3 yrs
Density1,224/mi²
Male / Female47% / 53%
Foreign Born2.5%
Veterans4.5%
Economy
A+
Median Income$86,000
Per Capita$40,064
Unemployment0.0%
Poverty3.4%
County GDP$406M
Avg Weekly Wage$973
Housing
A+
Home Value$216,700
Rent$498
Ownership72.3%
Zillow$382,977
Housing Units218
Rent Burden16.4%
Health
Obesity35.4%
Diabetes8.6%
Smoking14.2%
Heart Disease5.1%
Premature Death6,584/100K
Climate
Avg Temp44°F
Rain28.1 in/yr
Elevation1,475 ft
Education
B
Bachelor's+25.4%
High School+89.8%
Graduate+5.4%
School Score6.1/10
Community
2024 VoteR 73% / D 24%
Commute28 min
Broadband80.9%
Internet Speed104 Mbps
EV Stations1
Did You Know?
The median home in Montrose was built in 1991.
The nearest airport is Joe Foss Field (24 miles).
The Gini coefficient (income inequality) is 0.381 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
6.8% of the population has a disability.
Average internet download speed is 104 Mbps.
The county recorded 1 fatal vehicle crashes.