Living in Montrose, Arkansas

Cost of living, income, home prices, rent and demographics of Montrose · Census data 2020–2024

Montrose has 170 residents with a median age of 64.5. The median household income is $43,438 (29% lower than the Arkansas median), the median home value is $74,300.

Montrose is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Montrose at a glance

Population
170
Median age
64.5State: 38.5
Median household income
$43,438State: $60,773
Median home value
$74,300State: $188,000
Homeowners
91.4%
Bachelor's degree or higher
1.4%
Average commute
22 min

Is Montrose a good place to live?

Pros: Home values 60% lower than the state median; an average commute of 22 minutes; a poverty rate of 11.8%.

Cons: Median household income 29% lower than the Arkansas median.

The weather is best in April–May and September–October.

Cost of living in Montrose

Housing is the biggest part of the cost of living. In Montrose the median home value is $74,300, 78% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Montrose$74,300
Arkansas$188,000
United States$332,700

Median monthly rent

Arkansas$947
United States$1,413

Montrose median household income

The median household income in Montrose is $43,438 and the income per person is $40,139. 11.8% of residents live below the poverty line (Arkansas: 16%).

Median household income

Montrose$43,438
Arkansas$60,773
United States$80,734

Housing in Montrose: homes for sale and rent

Housing units
153
Owner-occupied
91.4%
Renter-occupied
8.6%
Vacant
47.1%Includes seasonal homes
Median year built
1971
Average household size
2.10

47.1% of homes are vacant most of the year, a sign that Montrose has many vacation and second homes.

Montrose demographics

Population
170
Median age
64.5
Under 18
18.8%
65 and older
47.1%
Households
81
Foreign-born
0%
Veterans
12.3%Adults 18+

Race and ethnicity

White22.4%
Hispanic or Latino1.8%
Black74.7%
Asian0%

Hispanic or Latino can be of any race. Population history of Montrose ›

Education in Montrose

1.4% of adults 25 and older in Montrose have a bachelor's degree or higher (Arkansas: 25.7%), and 1.4% have a graduate or professional degree.

Bachelor's degree or higher

Montrose1.4%
Arkansas25.7%
United States35.7%

Jobs and commute in Montrose

Unemployment rate
0%State: 4.9%
Average commute
22 minState: 23 min
Work from home
0%
Drive alone
92.1%
Public transit
0%
Walk to work
0%
Homes with broadband
77.8%

Montrose vs nearby towns

TownPopulationMedian incomeHome valueRent
Montrose170$43,438$74,300—
Portland444$46,346$60,000$625
Lake Village2,144$41,434$133,000$855
Dermott2,330$27,212$68,400$527
Wilmot408$26,328$61,500—
Hamburg2,886$34,234$77,100$643
Eudora1,868$28,563$57,500$495
Lacey746$63,099$209,500—
McGehee3,666$36,875$98,800$784

More for people moving to Montrose

Montrose ZIP code ›Weather and climate ›

Living in Montrose: FAQ

What is the median household income in Montrose, AR?

The median household income in Montrose is $43,438, 29% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Montrose?

The median home value in Montrose is $74,300, compared with $188,000 in Arkansas.

Is Montrose, AR a good place to live?

Pluses: home values 60% lower than the state median; an average commute of 22 minutes; a poverty rate of 11.8%. Minuses: median household income 29% lower than the Arkansas median.

What is the median age in Montrose?

The median age in Montrose is 64.5 years (Arkansas: 38.5).

How long is the commute in Montrose?

The average commute to work in Montrose is 22 minutes; 0% of workers work from home.

What is the unemployment rate in Montrose?

The unemployment rate in Montrose is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Montrose?

1.4% of adults in Montrose have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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