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Montrose, Colorado

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
21,044
Population
$70,386
Median Income
$387,900
Home Value
47.0
Median Age

Demographics

Montrose has a population of 21,044 with a median age of 47.0. Here is the racial and ethnic breakdown of the population:

White
79.3%
Hispanic
21.5%
Asian
0.9%
Black
0.6%
Demographic Value
Total Population21,044
Median Age47.0
White79.3%
Black or African American0.6%
Asian0.9%
Hispanic or Latino21.5%
Montrose, Colorado — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 102.White: 77.5%Hispanic/Latino: 21.0%Other: 1.5%21,044PopulationWhiteWhite77.5%Hispanic/LatinoHispanic/Latino21.0%OtherOther1.5%

Income & Economy

The median household income in Montrose is $70,386, which is 12.7% below the national median of $80,610. The per capita income is $39,045. The poverty rate is 11.6%.

$70,386
Median Household Income
$39,045
Per Capita Income
11.6%
Poverty Rate

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Education

In Montrose, 92.8% of residents age 25+ have a high school diploma or higher, and 33.5% hold a bachelor's degree or higher (14.3% with a graduate or professional degree).

HS Diploma+
92.8%
Bachelor's+
33.5%
Graduate+
14.3%
Education Level % of Adults (25+)
High School Diploma or Higher92.8%
Bachelor's Degree or Higher33.5%
Graduate or Professional Degree14.3%

Housing

The median home value in Montrose is $387,900, above the national median of $303,400. The median monthly rent is $1,197. The homeownership rate is 70.7%.

$387,900
Median Home Value
$1,197/mo
Median Rent
70.7%
Homeownership Rate
Housing Metric Value
Median Home Value$387,900
Median Monthly Rent$1,197
Homeownership Rate70.7%
Vacancy Rate7.7%

Salaries in Colorado

Explore salary data for popular occupations in Colorado:

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Other Cities in Colorado

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Frequently Asked Questions

What is the population of Montrose, Colorado?
The population of Montrose, Colorado is 21,044 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Montrose, Colorado?
The median household income in Montrose, Colorado is $70,386. This is 12.7% below the national median of $80,610.
What is the median home value in Montrose, Colorado?
The median home value in Montrose, Colorado is $387,900. The median monthly rent is $1,197.
What percentage of people in Montrose have a college degree?
In Montrose, Colorado, 33.5% of adults age 25 and older hold a bachelor's degree or higher, and 92.8% have a high school diploma or higher.
Is Montrose, Colorado an affordable place to live?
The home price-to-income ratio in Montrose, Colorado is 5.5x (median home value $387,900 vs. median income $70,386), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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