Living in Montrose, Virginia
Cost of living, income, home prices, rent and demographics of Montrose · Census data 2020–2024
Montrose has 8,285 residents with a median age of 39.9. The median household income is $49,550 (47% lower than the Virginia median), the median home value is $194,100, the median rent is $1,297/month.
Montrose at a glance
- Population
- 8,285
- Median age
- 39.9State: 39
- Median household income
- $49,550State: $93,170
- Median home value
- $194,100State: $383,700
- Median rent
- $1,297/moState: $1,579
- Homeowners
- 37.7%
- Bachelor's degree or higher
- 20.7%
- Average commute
- 19 min
Is Montrose a good place to live?
Pros: Home values 49% lower than the state median; an average commute of 19 minutes; unemployment of 4.2%.
Cons: Median household income 47% lower than the Virginia median; a poverty rate of 19.9%.
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 $194,100, 42% lower than the U.S. median. Renters pay a median of $1,297 per month, which is 35.6% of household income. Homeowners with a mortgage pay $1,138 a month in housing costs.
Montrose median household income
The median household income in Montrose is $49,550 and the income per person is $30,669. 19.9% of residents live below the poverty line (Virginia: 9.9%).
Housing in Montrose: homes for sale and rent
- Housing units
- 3,873
- Owner-occupied
- 37.7%
- Renter-occupied
- 62.3%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.25
Montrose demographics
- Population
- 8,285
- Median age
- 39.9
- Under 18
- 19.2%
- 65 and older
- 18.4%
- Households
- 3,670
- Foreign-born
- 4%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Montrose ›
Education in Montrose
20.7% of adults 25 and older in Montrose have a bachelor's degree or higher (Virginia: 42.2%), and 2.4% have a graduate or professional degree.
Jobs and commute in Montrose
- Unemployment rate
- 4.2%State: 4.3%
- Average commute
- 19 minState: 27 min
- Work from home
- 6.4%
- Drive alone
- 83.9%
- Public transit
- 0.5%
- Walk to work
- 1.1%
- Homes with broadband
- 88.1%
Montrose vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montrose | 8,285 | $49,550 | $194,100 | $1,297 |
| Highland Springs | 14,296 | $57,599 | $227,300 | $1,269 |
| Sandston | 7,399 | $59,238 | $219,900 | $1,211 |
| East Highland Park | 15,265 | $64,681 | $229,200 | $1,318 |
| Richmond | 229,359 | $64,587 | $353,000 | $1,372 |
| Bensley | 5,949 | $50,547 | $218,500 | $1,238 |
| Mechanicsville | 38,683 | $98,595 | $351,000 | $1,724 |
| Chamberlayne | 4,692 | $97,544 | $351,100 | $1,212 |
| Meadowbrook | 20,749 | $86,054 | $298,500 | $1,583 |
More for people moving to Montrose
Montrose ZIP code ›Weather and climate ›Living in Montrose: FAQ
What is the median household income in Montrose, VA?
The median household income in Montrose is $49,550, 47% lower than the Virginia median of $93,170 (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 $194,100, compared with $383,700 in Virginia.
How much is rent in Montrose?
The median gross rent in Montrose is $1,297 per month, about 35.6% of household income.
Is Montrose, VA a good place to live?
Pluses: home values 49% lower than the state median; an average commute of 19 minutes; unemployment of 4.2%. Minuses: median household income 47% lower than the Virginia median; a poverty rate of 19.9%.
What is the median age in Montrose?
The median age in Montrose is 39.9 years (Virginia: 39).
How long is the commute in Montrose?
The average commute to work in Montrose is 19 minutes; 6.4% of workers work from home.
What is the unemployment rate in Montrose?
The unemployment rate in Montrose is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montrose?
20.7% 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.
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