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CITY

Montrose

Minnesota · 3,986 residents (2025 est.) · 3.078 sq mi
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The short version

Montrose is wealthier than most US places, with a median household income of $102,625. The city has more than doubled in size since 2000, adding 2,745 residents. Median home value has roughly tripled since 2000, reaching $275,700. At a median age of 32.4, residents skew younger than the country as a whole. Poverty is rare here, at 5.3% of residents. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 32.4
US median: 38.9
Average education
35% hold a bachelor's degree
US average: 36%
Less affordable
home values up 71%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,888
+240%since 2000
from 1,143 in 2000
1990 – 2025
Population density
1,263 / sq mi
+240%since 2000
from 371 / sq mi in 2000
US average: 281
Median age
32.4
+10%since 2000
from 29.5 in 2000
US average: 38.9

PEP 2025 EST:3,986 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
7192K2K3K4K1990201020202024Montrose
20244K
1990201020202024
Section 02

Income & economy

Median household income
$102,625
+42%inflation adjusted, since 2000
from $39,583 in 2000
US average: $82,259
1990 – 2024
Per capita income
$37,805
+96%since 2000
from $19,281 in 2000
US average: $44,673
Households earning $100K+
68.8%
+33.6 ptssince 2009
from 35.2% in 2009
US average: 53.3%
Poverty rate
5.3%
−1.1 ptssince 2000
from 6.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.278
−15%since 2010
from 0.327 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade16.4%
US avg: 9.9%
Wholesale trade14%
US avg: 6.9%
Information10.7%
US avg: 10.8%
Other services10.3%
US avg: 6.7%
Public administration9.7%
US avg: 4.8%
Finance & insurance4.8%
US avg: 5.9%
Professional, scientific, technical4.8%
US avg: 5.1%
Transportation & warehousing1.6%
US avg: 2.2%
Agriculture, forestry, fishing1.1%
US avg: 1.6%
Construction1.1%
US avg: 1.2%
Arts, entertainment, food0.5%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$275,700
+71%inflation adjusted, since 2000
from $88,500 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,474
+61%inflation adjusted, since 2000
from $504 in 2000
US average: $1,442
Owner-occupied
78.2%
+3.6 ptssince 2000
from 74.7% in 2000
21.8% rent
Vacancy rate
6.9%
−2.3 ptssince 2009
from 9.2% in 2009
US average: 10.0%
Owner cost-burdened
14.1%
−21.0 ptssince 2009
from 35.1% in 2009
US average: 22.9%
Renter cost-burdened
27.6%
+2.8 ptssince 2009
from 24.7% in 2009
US average: 47.4%
Afford Score
2.7
+20%since 2000
from 2.2 in 2000
1990 – 2024
Gentrification Score
71
RELATED:See current rent listings in Montrose on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.2%(1,111)
Black0.7%(8)
Hispanic / Latino1.3%(15)
Asian0.2%(2)
Other0%
Diversity Score5.4%(62)
2024
White, non-Hispanic88.3%(3,434)
Black0%(0)
Hispanic / Latino1.6%(63)
Asian0%(0)
Other10.1%(391)
Diversity Score26.2%(1,018)
Diversity Score
26
+384%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
35.4%
+24.9 ptssince 2000
from 10.5% in 2000
US average: 35.6%
High school or higher
90.6%
+6.8 ptssince 2000
from 83.8% in 2000
US average: 89.6%
Graduate degree
6.0%
+4.4 ptssince 2000
from 1.6% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.8 min
+38%since 2000
from 23.7 min in 2000
US average: 26.5
Drive alone to work
83.4%
−1.7 ptssince 2009
from 85.1% in 2009
US average: 68.9%
Carpooled to work
6.2%
−5.8 ptssince 2009
from 12.0% in 2009
US average: 8.5%
Public transit
0.9%
+0.9 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
8.6%
+7.0 ptssince 2009
from 1.6% in 2009
US average: 15.0%
Walked to work
0.3%
−0.5 ptssince 2009
from 0.8% in 2009
US average: 2.4%
Biked to work
0.0%
−0.2 ptssince 2009
from 0.2% in 2009
US average: 0.4%
No vehicle available
4.5%
−0.6 ptssince 2009
from 5.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.0%
+2.0 ptssince 2011
from 2.9% in 2011
US average: 5.2%
Labor force participation
75.0%
−7.6 ptssince 2011
from 82.6% in 2011
US average: 63.5%
Self-employed
6.6%
−0.1 ptssince 2009
from 6.7% in 2009
US average: 13.1%
Management & professional
42.6%
−8.5 ptssince 2009
from 51.2% in 2009
US average: 42.5%
Section 08

People & community

Male
55.3%
−3.2 ptssince 2009
from 58.5% in 2009
Female
44.7%
+3.2 ptssince 2009
from 41.5% in 2009
Foreign born
1.5%
−9.5 ptssince 2009
from 11.0% in 2009
US average: 14.1%
Veterans
5.4%
−51.9 ptssince 2009
from 57.2% in 2009
US average: 6.2%
With a disability
12.9%
+6.7 ptssince 2012
from 6.2% in 2012
US average: 13.3%
Uninsured
3.7%
−77.8 ptssince 2013
from 81.5% in 2013
US average: 8.4%
Broadband at home
94.8%
+9.0 ptssince 2017
from 85.8% in 2017
US average: 91.0%
English only at home
97.8%
+0.8 ptssince 2016
from 97.0% in 2016
US average: 77.7%
Spanish at home
0.8%
−0.8 ptssince 2016
from 1.6% in 2016
US average: 13.6%
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Frequently asked

How many people live in Montrose, Minnesota?

Montrose, Minnesota has about 3,888 residents according to the 2024 American Community Survey.

What is the median household income in Montrose, Minnesota?

The typical household in Montrose, Minnesota earns about $102,625 a year. Half of households make more than that, and half make less.

Is Montrose, Minnesota expensive?

In Montrose, Minnesota, the median home is worth about $275,700, and the typical rent is about $1,474 a month.

How educated are people in Montrose, Minnesota?

About 35.4% of adults age 25 and over in Montrose, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Montrose, Minnesota?

About 5.3% of people in Montrose, Minnesota live below the federal poverty line.

Has Montrose, Minnesota grown since 1990?

Yes, Montrose, Minnesota has grown since 1990. The population has added about 2,881 residents, a change of about 286 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →