Montrose, MN demographics:
population, income, and more

Total population
3,888
1.2% year-over-year change
Median household income
$102,625/yr
3.8% year-over-year change
Housing units
1,451
-3.5% year-over-year change

Montrose population

How many people live in Montrose

Montrose is home to 3,888 residents, according to the most recent Census data. Gender-wise, 55.4% of Montrose locals are male, and 44.6% are female.

Total population
3,888
1.2% year-over-year change
Gender ratio
Male
55.4%
2,152
Female
44.6%
1,736
Value Percent YoY change
Male 2,152 55.4% 1.6%
Female 1,736 44.6% 0.9%
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 Montrose is 32, with the population distributed as follows: about 25.9% are children under 15, then 12.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 31.9% of the population, while another 22.7% fall into the 45 to 64 bracket. Finally, around 6.9% are 65 or older.

Median age
32.4
Age breakdown
Under 15
25.9%
15 to 24
12.4%
25 to 44
31.9%
45 to 64
22.7%
Over 65
6.9%
Value Percent YoY change
Under 15 1,008 25.9% 3.4%
15 to 24 484 12.4% 12.0%
25 to 44 1,242 31.9% 4.3%
45 to 64 884 22.7% -7.4%
Over 65 270 6.9% -5.9%
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 Montrose, 98.5% of the population are US-born citizens, while 1% have gained naturalized citizenship. At the same time, 0.5% of residents are non-citizens. There’s also a share of 10.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.5%
Non-U.S.-born citizens
1%
Non-citizens
0.5%
Value Percent YoY change
U.S.-born citizens 3,831 98.5% 1.5%
Non-U.S.-born citizens 37 1% 68.2%
Non-citizens 20 0.5% -53.5%
Racial breakdown
White
88.3%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
10.1%
Other
1.6%
Value Percent
White 3,434 88.3%
Two or more races 391 10.1%
Other 63 1.6%

Households in Montrose

A peek inside Montrose households

Montrose has 1,351 households, with an average of 3 members in each. Of these, 68.8% are families, while the remaining 31.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,351
-4.8% year-over-year change
Average people per household
3
Non-family households
421
Family households
930
Value Percent YoY change
Non-family households 421 31.2% -7.1%
Family households 930 68.8% -3.7%
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 Montrose

The housing landscape of Montrose

Montrose's housing consists of 1,451 units, with 77.3% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 7.8% 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 3.1% of the housing landscape.

Housing units
1,451
-3.5% year-over-year change
Housing types
Value Percent
1 unit, detached 1,121 77.3%
1 unit, attached 113 7.8%
10 to 19 units 172 11.8%
Mobile home 45 3.1%
Homes built since 2020
46
820.0% year-over-year change

The age of buildings in Montrose

In Montrose, the median construction year is 2002. Most development happened in the second half of the 20th century. Then, 42.2% of homes were added from 2000 to 2009, 14.2% between 2010 and 2019, and 3.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 53 3.6% 8.2%
Built between 1950 and 1959 15 1% -53.1%
Built between 1960 and 1969 49 3.4% 19.5%
Built between 1970 and 1979 163 11.2% -16.8%
Built between 1980 and 1989 177 12.2% -14.5%
Built between 1990 and 1999 129 8.9% 89.7%
Built between 2000 and 2009 613 42.2% -10.9%
Built between 2010 and 2019 206 14.2% 3.0%
Built in 2020 or later 46 3.2% 820.0%
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.

Montrose occupancy rates

Out of the 1,351 occupied housing units in Montrose, 78.2% are owner-occupied, while 21.8% are lived in by tenants. Meanwhile, 6.9% of all homes on the local market sit vacant.

Occupied housing units
1,351
-4.8% year-over-year change
Occupancy breakdown
Renter occupied
294
Owner occupied
1,057
Value Percent YoY
change
Renter occupied 294 21.8% -8.7%
Owner occupied 1,057 78.2% -3.6%
Unoccupied housing units
6.9%
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.

Montrose housing costs

Housing costs in Montrose come to a median of $1,650 per month, while tenants specifically pay a median gross rent of $1,474.

Median housing costs per month
$1,650/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 Montrose
$1,474/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 Montrose

Montrose education at a glance

About 33.4% of the population in Montrose went to high school, while 22.3% pursued college studies. Another 11% earned an associate degree and 26.3% hold a bachelor’s. Meanwhile, 5.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 45 1.7% -18.2%
High school diploma 895 33.4% -3.6%
College diploma 597 22.3% -8.0%
Associate degree 293 11% -17.5%
Bachelor's degree 703 26.3% 29.0%
Graduate degree 144 5.4% 16.1%
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 Montrose

How much people earn in Montrose

The average annual household income in Montrose was $107,126 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +5.9% change from the previous year. At the same time, the median income stood at $102,625, reflecting a +3.8% shift over the same period.

Average household income in Montrose
$107,126/year
5.9% year-over-year change
Median household income in Montrose
$102,625/year
3.8% year-over-year change

Montrose income by age

In Montrose, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $113,042. Those with someone between 45 and 64 in charge, often well established professionally, earn $118,194 overall. Overall, 94.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $113,042 3.1%
45 - 64 $118,194 10.8%
Above poverty level
3,598
Below poverty level
202
Value Percent YoY
change
Above poverty level 3,598 94.7% 4.1%
Below poverty level 202 5.3% -26.6%

Average renter income in Montrose

To get a better sense of what renters earn on average in Montrose, their median household income was $87,882 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 20.1%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$87,882
Rent-to-income ratio
20.1%
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 Montrose

Workforce and job types in Montrose

The job market in Montrose is powered by 1,996 working residents, spread across a range of industries and roles. 71.9% of the working population are employed in professional or administrative positions, while 28.1% are in hands-on or service-based jobs. Also, 14.7% run their own businesses, 71.4% are employed by private companies, and 8.9% work in the public sector.

Workforce demographics

Working population
1,996
-2.7% year-over-year change
White collar
1,435
Blue collar
561
Value Percent YoY change
White collar 1,435 71.9% 0.3%
Blue collar 561 28.1% -9.5%
Employer type
Self employees
14.7%
Private companies
71.4%
Governmental workers
8.9%
Not for profit companies
5.1%
Value Percent YoY change
Self employees 293 14.7% 24.7%
Private companies 1,425 71.4% -6.4%
Governmental workers 177 8.9% -1.1%
Not for profit companies 101 5.1% -11.4%
Unemployment rate
5.0%
46.5% year-over-year change

Available workforce

The unemployment rate in Montrose stands at 5%, 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 Montrose

How people get around in Montrose

Commuting methods vary: 89.5% 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 1,746 89.5% -3.6%
Bus or trolleybus 18 0.9% 12.5%
Walk 6 0.3% 100.0%
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 Montrose by zipcode?

Zipcode Population Number of households Median income Average income
55363 5,814 1,956 $101,989 $104,410
55390 3,492 1,313 $103,750 $114,823

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FAQs about Montrose demographics 

What is the total population of Montrose?

Montrose has a total population of 3,888 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 +1.2% compared to a year ago.

What is the gender ratio in Montrose?

The gender ratio in Montrose is as follows:
  • 55.4% males (2,152 residents)
  • 44.6% females (1,736 residents)

What is the median age in Montrose?

The median age in Montrose is 32.4.

What is the age distribution of the population in Montrose?

The age distribution in Montrose is as follows:
  • Under 15: 25.9% (1,008 residents)
  • Ages 15-24: 12.4% (484 residents)
  • Ages 25-44: 31.9% (1,242 residents)
  • Ages 45-64: 22.7% (884 residents)
  • Over 65: 6.9% (270 residents)

What is the racial and ethnic makeup of Montrose?

The racial and ethnic makeup of Montrose is as follows:
  • White: 88.3% (3,434 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 10.1% (391 residents)
  • Other: 1.6% (63 residents)

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

U.S.-born citizens represent 98.5% of the population in Montrose.

How many housing units are there in Montrose?

There are 1,451 housing units in Montrose, reflecting a -3.5% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Montrose has a total of 1,351 households, with an average of 3 people in each.

What is the median household income in Montrose?

Montrose has a median household income of $102,625, representing a +3.8% shift from the previous year, according to the U.S. Census Bureau.

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

The employment rate is 95% in Montrose, with a workforce of 1,996 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 71.9% (1,435 residents)
  • Blue-collar workers: 28.1% (561 residents)

Places of employment:
  • Self-employed: 14.7% (293 residents)
  • Private companies: 71.4% (1,425 residents)
  • Governmental workers: 8.9% (177 residents)
  • Not-for-profit companies: 5.1% (101 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