Living in Montrose, Missouri

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

Montrose has 425 residents with a median age of 36.9. The median household income is $61,375 (13% lower than the Missouri median), the median home value is $92,500, the median rent is $905/month.

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

Montrose at a glance

Population
425
Median age
36.9State: 39
Median household income
$61,375State: $70,702
Median home value
$92,500State: $230,300
Median rent
$905/moState: $1,033
Homeowners
66.7%
Bachelor's degree or higher
14.1%
Average commute
35 min

Is Montrose a good place to live?

Pros: Home values 60% lower than the state median; a poverty rate of 8.1%.

Cons: Median household income 13% lower than the Missouri median; an average commute of 35 minutes; unemployment of 11.5%.

The weather is best in May–June 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 $92,500, 72% lower than the U.S. median. Renters pay a median of $905 per month, which is 17.7% of household income. Homeowners with a mortgage pay $850 a month in housing costs.

Median home value

Montrose$92,500
Missouri$230,300
United States$332,700

Median monthly rent

Montrose$905
Missouri$1,033
United States$1,413

Montrose median household income

The median household income in Montrose is $61,375 and the income per person is $31,672. 8.1% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Montrose$61,375
Missouri$70,702
United States$80,734

Housing in Montrose: homes for sale and rent

Housing units
202
Owner-occupied
66.7%
Renter-occupied
33.3%
Vacant
12.4%Includes seasonal homes
Median year built
1968
Average household size
2.40

Montrose demographics

Population
425
Median age
36.9
Under 18
23.1%
65 and older
22.6%
Households
177
Foreign-born
0.5%
Veterans
11.3%Adults 18+

Race and ethnicity

White93.6%
Hispanic or Latino0%
Black0.5%
Asian0%

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

Education in Montrose

14.1% of adults 25 and older in Montrose have a bachelor's degree or higher (Missouri: 32.4%), and 1.3% have a graduate or professional degree.

Bachelor's degree or higher

Montrose14.1%
Missouri32.4%
United States35.7%

Jobs and commute in Montrose

Unemployment rate
11.5%State: 4%
Average commute
35 minState: 24 min
Work from home
2.8%
Drive alone
90.1%
Public transit
0%
Walk to work
2.8%
Homes with broadband
75.7%

Montrose vs nearby towns

TownPopulationMedian incomeHome valueRent
Montrose425$61,375$92,500$905
Appleton City1,221$49,036$98,200$557
Deepwater320$29,722$81,300$686
Rockville153$35,625—$817
Clinton9,065$51,250$155,400$702
Urich469$61,042$82,100$685
Lowry City618$41,250$82,200$715
Creighton302$58,750$104,200$625
Schell City224$46,250$57,500$569

More for people moving to Montrose

Montrose ZIP code ›Weather and climate ›

Living in Montrose: FAQ

What is the median household income in Montrose, MO?

The median household income in Montrose is $61,375, 13% lower than the Missouri median of $70,702 (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 $92,500, compared with $230,300 in Missouri.

How much is rent in Montrose?

The median gross rent in Montrose is $905 per month, about 17.7% of household income.

Is Montrose, MO a good place to live?

Pluses: home values 60% lower than the state median; a poverty rate of 8.1%. Minuses: median household income 13% lower than the Missouri median; an average commute of 35 minutes; unemployment of 11.5%.

What is the median age in Montrose?

The median age in Montrose is 36.9 years (Missouri: 39).

How long is the commute in Montrose?

The average commute to work in Montrose is 35 minutes; 2.8% of workers work from home.

What is the unemployment rate in Montrose?

The unemployment rate in Montrose is 11.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Montrose?

14.1% 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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