City

Montrose, IA

1 ZIP code  ·  Lee County  ·  Iowa

👥1,626Population
💰$61,250Median HH Income▼ 20% below avg
🎂56.6Median Age
🏠$146,400Median Home Value▼ 47% below avg
🎓33.1%College Grads▼ 15% below avg
📊1.0%Unemployment▼ 80% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 55.5% Female 44.5% ♀

Race & Ethnicity

White: 89.4%Hispanic: 1.3%Black: 1.4%Asian: 5.7%Other: 2.2%Race
White89.4%
Hispanic1.3%
Black1.4%
Asian5.7%
Other2.2%

Age Breakdown

Under 5
5%
5–17
8%
18–24
5%
25–44
17%
45–64
35%
65+
16%

Key Indicators

Median Age56.6 yrs
Avg HH Size2.14
Below Poverty8.2% ▼ 18% below avg
College Grads33.1% ▼ 15% below avg
Unemployment1.0% ▼ 80% below avg
HS Graduate494 (38.4%)
Some College176 (13.7%)
Associates191 (14.9%)
Bachelors294 (22.9%)
Graduate Degree131 (10.2%)

Education

HS Grad: 38.4%Some College: 13.7%Associates: 14.9%Bachelors: 22.9%Graduate: 10.2%Edu
HS Grad38.4%
Some College13.7%
Associates14.9%
Bachelors22.9%
Graduate10.2%
Housing & Income

Housing Tenure

Owner: 93.3%Renter: 6.7%Tenure
Owner93.3%
Renter6.7%

Home Value Distribution

Under $50k
13%
$50k–$100k
26%
$100k–$150k
12%
$150k–$200k
25%
$200k–$300k
22%
$300k–$500k
1%
Over $500k
2%

Financials

Median HH Income$61,250 ▼ 20% below avg
Median Home Value$146,400 ▼ 47% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$814/mo
Total Housing Units768
Vacant Units50

Income Distribution

Under $25k
18%
$25k–$50k
22%
$50k–$75k
20%
$75k–$100k
10%
$100k–$150k
23%
$150k–$200k
3%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
90%
Walked
5%
Work From Home
5%

Commute Time

Under 15 min
34%
15–30 min
46%
30–45 min
4%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
11%
1960s–1970s
22%
1980s–1990s
9%
2000+
58%
About Montrose, IA

Montrose is a city in Iowa, located in Lee County. The city spans 1 ZIP code and is home to approximately 1,626 residents. It is an older city, with a median age of 56.6 years.

Economically, Montrose is a solidly middle-class community. The median household income of $61,250 is below the national average. Approximately 8.2% of residents live below the poverty line. The unemployment rate is 1.0%, well below the national average.

The real estate market in Montrose is one of the more affordable housing markets in the country. Median home values stand at $146,400, which is below the national average. Renters typically pay around $814 per month. Homeownership is high at 93.3%, typical of suburban and family-oriented communities.

The population of Montrose is moderately educated. 33.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (89.36%).

Montrose, IA offers residents a cost-conscious lifestyle within Iowa.

ZIP Codes in Montrose
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
52639 1,626 $61,250 $146,400 $814 1.0% 33.1% 93.3%