Living in Montrose, Michigan
Cost of living, income, home prices, rent and demographics of Montrose · Census data 2020–2024
Montrose has 2,027 residents with a median age of 31.1. The median household income is $44,151 (39% lower than the Michigan median), the median home value is $113,300, the median rent is $822/month.
Montrose at a glance
- Population
- 2,027
- Median age
- 31.1State: 40.2
- Median household income
- $44,151State: $72,875
- Median home value
- $113,300State: $231,600
- Median rent
- $822/moState: $1,129
- Homeowners
- 58.2%
- Bachelor's degree or higher
- 10.7%
- Average commute
- 29 min
Is Montrose a good place to live?
Pros: Home values 51% lower than the state median; unemployment of 2.9%.
Cons: Median household income 39% lower than the Michigan median; an average commute of 29 minutes; a poverty rate of 28.9%.
The weather is best in June to September.
Cost of living in Montrose
Housing is the biggest part of the cost of living. In Montrose the median home value is $113,300, 66% lower than the U.S. median. Renters pay a median of $822 per month, which is 23.8% of household income. Homeowners with a mortgage pay $1,134 a month in housing costs.
Montrose median household income
The median household income in Montrose is $44,151 and the income per person is $23,194. 28.9% of residents live below the poverty line (Michigan: 13.2%).
Housing in Montrose: homes for sale and rent
- Housing units
- 906
- Owner-occupied
- 58.2%
- Renter-occupied
- 41.8%
- Vacant
- 1.4%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.26
Montrose demographics
- Population
- 2,027
- Median age
- 31.1
- Under 18
- 29.1%
- 65 and older
- 14.8%
- Households
- 893
- Foreign-born
- 0%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Montrose ›
Education in Montrose
10.7% of adults 25 and older in Montrose have a bachelor's degree or higher (Michigan: 32.4%), and 1.8% have a graduate or professional degree.
Jobs and commute in Montrose
- Unemployment rate
- 2.9%State: 5.7%
- Average commute
- 29 minState: 24 min
- Work from home
- 5.7%
- Drive alone
- 85.8%
- Public transit
- 3%
- Walk to work
- 1.7%
- Homes with broadband
- 88.7%
Montrose vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montrose | 2,027 | $44,151 | $113,300 | $822 |
| Burt | 1,339 | $90,156 | $203,400 | — |
| New Lothrop | 733 | $72,344 | $205,700 | $765 |
| Birch Run | 1,439 | $70,521 | $191,000 | $999 |
| Clio | 2,185 | $52,500 | $138,200 | $790 |
| Flushing | 8,284 | $80,025 | $204,500 | $944 |
| Mount Morris | 3,117 | $48,794 | $86,600 | $1,001 |
| Beecher | 8,412 | $37,515 | $51,500 | $906 |
| Chesaning | 2,484 | $59,777 | $136,700 | $679 |
More for people moving to Montrose
Montrose ZIP code ›Weather and climate ›Living in Montrose: FAQ
What is the median household income in Montrose, MI?
The median household income in Montrose is $44,151, 39% lower than the Michigan median of $72,875 (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 $113,300, compared with $231,600 in Michigan.
How much is rent in Montrose?
The median gross rent in Montrose is $822 per month, about 23.8% of household income.
Is Montrose, MI a good place to live?
Pluses: home values 51% lower than the state median; unemployment of 2.9%. Minuses: median household income 39% lower than the Michigan median; an average commute of 29 minutes; a poverty rate of 28.9%.
What is the median age in Montrose?
The median age in Montrose is 31.1 years (Michigan: 40.2).
How long is the commute in Montrose?
The average commute to work in Montrose is 29 minutes; 5.7% of workers work from home.
What is the unemployment rate in Montrose?
The unemployment rate in Montrose is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montrose?
10.7% 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.
Last updated: