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Montrose, Iowa

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
744
Population
$66,250
Median Income
$103,500
Home Value
42.6
Median Age

Demographics

Montrose has a population of 744 with a median age of 42.6. Here is the racial and ethnic breakdown of the population:

White
94.2%
Other
3.8%
Black
0.9%
Asian
0.7%
Demographic Value
Total Population744
Median Age42.6
White94.2%
Black or African American0.9%
Asian0.7%
Hispanic or Latino0.4%
Other / Two or More Races3.8%
Montrose, Iowa — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.2%Other: 3.8%Other: 2.0%744PopulationWhiteWhite94.2%OtherOther3.8%OtherOther2.0%

Income & Economy

The median household income in Montrose is $66,250, which is 17.8% below the national median of $80,610. The per capita income is $32,735. The poverty rate is 11.7%.

$66,250
Median Household Income
$32,735
Per Capita Income
11.7%
Poverty Rate

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Education

In Montrose, 97.0% of residents age 25+ have a high school diploma or higher, and 12.8% hold a bachelor's degree or higher (4.7% with a graduate or professional degree).

HS Diploma+
97.0%
Bachelor's+
12.8%
Graduate+
4.7%
Education Level % of Adults (25+)
High School Diploma or Higher97.0%
Bachelor's Degree or Higher12.8%
Graduate or Professional Degree4.7%

Housing

The median home value in Montrose is $103,500, below the national median of $303,400. The median monthly rent is $625. The homeownership rate is 90.7%.

$103,500
Median Home Value
$625/mo
Median Rent
90.7%
Homeownership Rate
Housing Metric Value
Median Home Value$103,500
Median Monthly Rent$625
Homeownership Rate90.7%
Vacancy Rate8.2%

Salaries in Iowa

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Frequently Asked Questions

What is the population of Montrose, Iowa?
The population of Montrose, Iowa is 744 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Montrose, Iowa?
The median household income in Montrose, Iowa is $66,250. This is 17.8% below the national median of $80,610.
What is the median home value in Montrose, Iowa?
The median home value in Montrose, Iowa is $103,500. The median monthly rent is $625.
What percentage of people in Montrose have a college degree?
In Montrose, Iowa, 12.8% of adults age 25 and older hold a bachelor's degree or higher, and 97.0% have a high school diploma or higher.
Is Montrose, Iowa an affordable place to live?
The home price-to-income ratio in Montrose, Iowa is 1.6x (median home value $103,500 vs. median income $66,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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