Montevideo, MN demographics:
population, income, and more

Total population
5,315
0.2% year-over-year change
Median household income
$68,596/yr
4.4% year-over-year change
Housing units
2,545
2.7% year-over-year change

Montevideo population

How many people live in Montevideo

Montevideo is home to 5,315 residents, according to the most recent Census data. Gender-wise, 50.4% of Montevideo locals are male, and 49.6% are female.

Total population
5,315
0.2% year-over-year change
Gender ratio
Male
50.4%
2,676
Female
49.6%
2,639
Value Percent YoY change
Male 2,676 50.4% 2.0%
Female 2,639 49.6% -1.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Montevideo is 42, with the population distributed as follows: about 19.8% are children under 15, then 14.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.7% of the population, while another 19.9% fall into the 45 to 64 bracket. Finally, around 22.4% are 65 or older.

Median age
41.9
Age breakdown
Under 15
19.8%
15 to 24
14.2%
25 to 44
23.7%
45 to 64
19.9%
Over 65
22.4%
Value Percent YoY change
Under 15 1,054 19.8% 1.6%
15 to 24 753 14.2% 17.7%
25 to 44 1,260 23.7% -3.4%
45 to 64 1,056 19.9% -4.3%
Over 65 1,192 22.4% -2.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Montevideo, 90.7% of the population are US-born citizens, while 1.5% have gained naturalized citizenship. At the same time, 7.8% of residents are non-citizens. As for race, 80% of locals are Caucasian, 0.9% are African American and 2.4% have Asian roots. There’s also a share of 6.5% that includes residents with two or more races.

Citizenship
U.S.-born citizens
90.7%
Non-U.S.-born citizens
1.5%
Non-citizens
7.8%
Value Percent YoY change
U.S.-born citizens 4,820 90.7% 0.2%
Non-U.S.-born citizens 82 1.5% 10.8%
Non-citizens 413 7.8% -1.4%
Racial breakdown
White
80%
Black or African American
0.9%
American Indian and Alaska Native
1.9%
Asian
2.4%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.5%
Other
8.2%
Value Percent
White 4,254 80%
Black or African American 50 0.9%
American Indian and Alaska Native 100 1.9%
Asian 128 2.4%
Native Hawaiian and other Pacific Islander 2 0%
Two or more races 347 6.5%
Other 434 8.2%

Households in Montevideo

A peek inside Montevideo households

Montevideo has 2,274 households, with an average of 2 members in each. Of these, 58.9% are families, while the remaining 41.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,274
-0.7% year-over-year change
Average people per household
2
Non-family households
935
Family households
1,339
Value Percent YoY change
Non-family households 935 41.1% -11.3%
Family households 1,339 58.9% 8.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Montevideo

The housing landscape of Montevideo

Montevideo's housing consists of 2,545 units, with 68.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.4% of the housing landscape.

Housing units
2,545
2.7% year-over-year change
Housing types
Value Percent
1 unit, detached 1,754 68.9%
1 unit, attached 61 2.4%
2 units 9 0.4%
3 or 4 units 157 6.2%
5 to 9 units 28 1.1%
10 to 19 units 159 6.2%
20 to 49 units 154 6%
50 or more units 214 8.4%
Mobile home 9 0.4%
Homes built since 2020
0
% year-over-year change

The age of buildings in Montevideo

In Montevideo, the median construction year is 1958. About 29.4% of homes were built before the 1940s, with another 4.8% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 748 29.4% 7.5%
Built between 1940 and 1949 121 4.8% 16.4%
Built between 1950 and 1959 534 21% -0.4%
Built between 1960 and 1969 125 4.9% -22.4%
Built between 1970 and 1979 658 25.8% 16.1%
Built between 1980 and 1989 94 3.7% -16.1%
Built between 1990 and 1999 142 5.6% -18.4%
Built between 2000 and 2009 43 1.7% -34.9%
Built between 2010 and 2019 80 3.1% 29.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Montevideo occupancy rates

Out of the 2,274 occupied housing units in Montevideo, 65.2% are owner-occupied, while 34.8% are lived in by tenants. Meanwhile, 10.6% of all homes on the local market sit vacant.

Occupied housing units
2,274
-0.7% year-over-year change
Occupancy breakdown
Renter occupied
792
Owner occupied
1,482
Value Percent YoY
change
Renter occupied 792 34.8% -6.0%
Owner occupied 1,482 65.2% 2.4%
Unoccupied housing units
10.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Montevideo housing costs

Housing costs in Montevideo come to a median of $866 per month, while tenants specifically pay a median gross rent of $851.

Median housing costs per month
$866/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Montevideo
$851/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Montevideo

Montevideo education at a glance

About 41.5% of the population in Montevideo went to high school, while 19.6% pursued college studies. Another 14.8% earned an associate degree and 14.8% hold a bachelor’s. Meanwhile, 5.1% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 171 4.2% -17.8%
High school diploma 1,692 41.5% -2.6%
College diploma 799 19.6% 1.9%
Associate degree 604 14.8% 18.2%
Bachelor's degree 603 14.8% 1.5%
Graduate degree 206 5.1% -21.1%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Montevideo

How much people earn in Montevideo

The average annual household income in Montevideo was $69,419 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -0.1% change from the previous year. At the same time, the median income stood at $68,596, reflecting a +4.4% shift over the same period.

Average household income in Montevideo
$69,419/year
-0.1% year-over-year change
Median household income in Montevideo
$68,596/year
4.4% year-over-year change

Montevideo income by age

In Montevideo, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $75,761. Those with someone between 45 and 64 in charge, often well established professionally, earn $75,282 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $35,603, while those led by someone over 65, many of whom may be retired, have about $50,982 in earnings. Overall, 80.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $35,603 93.9%
25 - 44 $75,761 1.8%
45 - 64 $75,282 4.6%
Over 65 $50,982 -0.4%
Above poverty level
4,091
Below poverty level
1,013
Value Percent YoY
change
Above poverty level 4,091 80.2% 0.1%
Below poverty level 1,013 19.8% 1.7%

Average renter income in Montevideo

To get a better sense of what renters earn on average in Montevideo, their median household income was $30,469 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 33.5%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$30,469
Rent-to-income ratio
33.5%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Montevideo

Workforce and job types in Montevideo

The job market in Montevideo is powered by 2,422 working residents, spread across a range of industries and roles. 74.4% of the working population are employed in professional or administrative positions, while 25.6% are in hands-on or service-based jobs. Also, 5.5% run their own businesses, 56% are employed by private companies, and 26.5% work in the public sector.

Workforce demographics

Working population
2,422
-0.7% year-over-year change
White collar
1,801
Blue collar
621
Value Percent YoY change
White collar 1,801 74.4% 5.6%
Blue collar 621 25.6% -15.4%
Employer type
Self employees
5.5%
Private companies
56%
Governmental workers
26.5%
Not for profit companies
12%
Value Percent YoY change
Self employees 134 5.5% 1.5%
Private companies 1,356 56% -5.5%
Governmental workers 641 26.5% 3.4%
Not for profit companies 291 12% 15.0%
Unemployment rate
2.3%
-1.7% year-over-year change

Available workforce

The unemployment rate in Montevideo stands at 2.3%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Montevideo

How people get around in Montevideo

Commuting methods vary: 95% of residents travel by personal vehicle and 0.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 2,162 95% 0.5%
Bicycle 2 0.1% N/A
Walk 6 0.3% -86.4%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Montevideo by zipcode?

Zipcode Population Number of households Median income Average income
56265 7,225 3,038 $74,848 $83,570

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FAQs about Montevideo demographics 

What is the total population of Montevideo?

Montevideo has a total population of 5,315 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.2% compared to a year ago.

What is the gender ratio in Montevideo?

The gender ratio in Montevideo is as follows:
  • 50.4% males (2,676 residents)
  • 49.6% females (2,639 residents)

What is the median age in Montevideo?

The median age in Montevideo is 41.9.

What is the age distribution of the population in Montevideo?

The age distribution in Montevideo is as follows:
  • Under 15: 19.8% (1,054 residents)
  • Ages 15-24: 14.2% (753 residents)
  • Ages 25-44: 23.7% (1,260 residents)
  • Ages 45-64: 19.9% (1,056 residents)
  • Over 65: 22.4% (1,192 residents)

What is the racial and ethnic makeup of Montevideo?

The racial and ethnic makeup of Montevideo is as follows:
  • White: 80% (4,254 residents)
  • Black or African American: 0.9% (50 residents)
  • American Indian and Alaska Native: 1.9% (100 residents)
  • Asian: 2.4% (128 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (2 residents)
  • Two or More Races: 6.5% (347 residents)
  • Other: 8.2% (434 residents)

What percentage of the population in Montevideo are U.S.-born citizens?

U.S.-born citizens represent 90.7% of the population in Montevideo.

How many housing units are there in Montevideo?

There are 2,545 housing units in Montevideo, reflecting a +2.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Montevideo and what is the average household size?

Montevideo has a total of 2,274 households, with an average of 2 people in each.

What is the median household income in Montevideo?

Montevideo has a median household income of $68,596, representing a +4.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Montevideo?

The employment rate is 97.7% in Montevideo, with a workforce of 2,422 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 74.4% (1,801 residents)
  • Blue-collar workers: 25.6% (621 residents)

Places of employment:
  • Self-employed: 5.5% (134 residents)
  • Private companies: 56% (1,356 residents)
  • Governmental workers: 26.5% (641 residents)
  • Not-for-profit companies: 12% (291 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025