Living in Montrose-Ghent, Ohio
Cost of living, income, home prices, rent and demographics of Montrose-Ghent · Census data 2020–2024
Montrose-Ghent has 5,903 residents with a median age of 45.9. The median household income is $180,250 (152% higher than the Ohio median), the median home value is $545,500, the median rent is $2,679/month.
Montrose-Ghent at a glance
- Population
- 5,903
- Median age
- 45.9State: 39.7
- Median household income
- $180,250State: $71,389
- Median home value
- $545,500State: $214,800
- Median rent
- $2,679/moState: $1,034
- Homeowners
- 94.4%
- Bachelor's degree or higher
- 79%
- Average commute
- 40 min
Is Montrose-Ghent a good place to live?
Pros: Median household income 152% higher than the Ohio median; unemployment of 2.4%; a poverty rate of 4.5%.
Cons: Home values 154% higher than the state median; an average commute of 40 minutes.
The weather is best in June to September.
Cost of living in Montrose-Ghent
Housing is the biggest part of the cost of living. In Montrose-Ghent the median home value is $545,500, 64% higher than the U.S. median. Renters pay a median of $2,679 per month, which is 19.4% of household income. Homeowners with a mortgage pay $2,587 a month in housing costs.
Montrose-Ghent median household income
The median household income in Montrose-Ghent is $180,250 and the income per person is $110,515. 4.5% of residents live below the poverty line (Ohio: 13.3%).
Housing in Montrose-Ghent: homes for sale and rent
- Housing units
- 2,421
- Owner-occupied
- 94.4%
- Renter-occupied
- 5.6%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.69
Montrose-Ghent demographics
- Population
- 5,903
- Median age
- 45.9
- Under 18
- 23.7%
- 65 and older
- 14.8%
- Households
- 2,195
- Foreign-born
- 2.8%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Montrose-Ghent ›
Education in Montrose-Ghent
79% of adults 25 and older in Montrose-Ghent have a bachelor's degree or higher (Ohio: 31.5%), and 30% have a graduate or professional degree.
Jobs and commute in Montrose-Ghent
- Unemployment rate
- 2.4%State: 4.8%
- Average commute
- 40 minState: 23 min
- Work from home
- 33.8%
- Drive alone
- 63.9%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 96.9%
Montrose-Ghent vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montrose-Ghent | 5,903 | $180,250 | $545,500 | $2,679 |
| Fairlawn | 7,711 | $97,055 | $284,600 | $1,239 |
| Pigeon Creek | 829 | $162,917 | $368,700 | — |
| Cuyahoga Falls | 50,909 | $72,705 | $183,300 | $1,038 |
| Richfield | 3,721 | $82,560 | $333,900 | $1,210 |
| Sharon Center | 1,129 | $110,500 | $357,100 | — |
| Peninsula | 576 | $117,708 | $432,700 | $1,750 |
| Akron | 189,247 | $48,076 | $122,000 | $955 |
| Norton | 11,524 | $90,464 | $200,800 | $1,059 |
More for people moving to Montrose-Ghent
Montrose-Ghent ZIP code ›Weather and climate ›Living in Montrose-Ghent: FAQ
What is the median household income in Montrose-Ghent, OH?
The median household income in Montrose-Ghent is $180,250, 152% higher than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Montrose-Ghent?
The median home value in Montrose-Ghent is $545,500, compared with $214,800 in Ohio.
How much is rent in Montrose-Ghent?
The median gross rent in Montrose-Ghent is $2,679 per month, about 19.4% of household income.
Is Montrose-Ghent, OH a good place to live?
Pluses: median household income 152% higher than the Ohio median; unemployment of 2.4%; a poverty rate of 4.5%. Minuses: home values 154% higher than the state median; an average commute of 40 minutes.
What is the median age in Montrose-Ghent?
The median age in Montrose-Ghent is 45.9 years (Ohio: 39.7).
How long is the commute in Montrose-Ghent?
The average commute to work in Montrose-Ghent is 40 minutes; 33.8% of workers work from home.
What is the unemployment rate in Montrose-Ghent?
The unemployment rate in Montrose-Ghent is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montrose-Ghent?
79% of adults in Montrose-Ghent 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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