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Montrose, Illinois

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
255
Population
$60,625
Median Income
$125,000
Home Value
40.5
Median Age

Demographics

Montrose has a population of 255 with a median age of 40.5. Here is the racial and ethnic breakdown of the population:

White
93.3%
Hispanic
4.7%
Other
1.6%
Demographic Value
Total Population255
Median Age40.5
White93.3%
Black or African American0.4%
Hispanic or Latino4.7%
Other / Two or More Races1.6%
Montrose, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.3%Hispanic/Latino: 4.7%Other: 2.0%255PopulationWhiteWhite93.3%Hispanic/LatinoHispanic/Latino4.7%OtherOther2.0%

Income & Economy

The median household income in Montrose is $60,625, which is 24.8% below the national median of $80,610. The per capita income is $27,485. The poverty rate is 12.9%.

$60,625
Median Household Income
$27,485
Per Capita Income
12.9%
Poverty Rate

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Education

In Montrose, 91.5% of residents age 25+ have a high school diploma or higher, and 10.3% hold a bachelor's degree or higher (0.6% with a graduate or professional degree).

HS Diploma+
91.5%
Bachelor's+
10.3%
Graduate+
0.6%
Education Level % of Adults (25+)
High School Diploma or Higher91.5%
Bachelor's Degree or Higher10.3%
Graduate or Professional Degree0.6%

Housing

The median home value in Montrose is $125,000, below the national median of $303,400. The median monthly rent is $392. The homeownership rate is 73.7%.

$125,000
Median Home Value
$392/mo
Median Rent
73.7%
Homeownership Rate
Housing Metric Value
Median Home Value$125,000
Median Monthly Rent$392
Homeownership Rate73.7%
Vacancy Rate13.6%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Montrose, Illinois?
The population of Montrose, Illinois is 255 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Montrose, Illinois?
The median household income in Montrose, Illinois is $60,625. This is 24.8% below the national median of $80,610.
What is the median home value in Montrose, Illinois?
The median home value in Montrose, Illinois is $125,000. The median monthly rent is $392.
What percentage of people in Montrose have a college degree?
In Montrose, Illinois, 10.3% of adults age 25 and older hold a bachelor's degree or higher, and 91.5% have a high school diploma or higher.
Is Montrose, Illinois an affordable place to live?
The home price-to-income ratio in Montrose, Illinois is 2.1x (median home value $125,000 vs. median income $60,625), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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