Last updated: 2024 BLS data · Page refreshed:
Montevideo has a population of 5,315 with a median age of 41.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,315 |
| Median Age | 41.9 |
| White | 80.0% |
| Black or African American | 0.9% |
| Asian | 2.4% |
| Hispanic or Latino | 13.8% |
| Other / Two or More Races | 2.9% |
The median household income in Montevideo is $68,596, which is 14.9% below the national median of $80,610. The per capita income is $30,459. The poverty rate is 19.6%.
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In Montevideo, 90.9% of residents age 25+ have a high school diploma or higher, and 19.0% hold a bachelor's degree or higher (5.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.9% |
| Bachelor's Degree or Higher | 19.0% |
| Graduate or Professional Degree | 5.9% |
The median home value in Montevideo is $141,000, below the national median of $303,400. The median monthly rent is $851. The homeownership rate is 65.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $141,000 |
| Median Monthly Rent | $851 |
| Homeownership Rate | 65.2% |
| Vacancy Rate | 10.6% |
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