Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.8 yrs |
|---|---|
| Avg HH Size | 2.89 |
| Below Poverty | 12.5% ▲ 25% above avg |
| College Grads | 39.3% ≈ Avg |
| Unemployment | 3.3% ▼ 32% below avg |
| No HS Diploma | 32 (1%) |
| HS Graduate | 1,063 (33.5%) |
| Some College | 337 (10.6%) |
| Associates | 495 (15.6%) |
| Bachelors | 445 (14%) |
| Graduate Degree | 804 (25.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $98,287 ▲ 29% above avg |
|---|---|
| Median Home Value | $273,000 ≈ Avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,344/mo |
| Total Housing Units | 2,075 |
| Vacant Units | 116 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Montrose is a city in Minnesota, located in Wright County. The city spans 1 ZIP code and is home to approximately 5,664 residents. It is a relatively young city, with a median age of 34.8 years.
Economically, Montrose is a middle-income community. The median household income of $98,287 is above the national average. Approximately 12.5% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in Montrose is a mid-range housing market. Median home values stand at $273,000, which is near the national average. Renters typically pay around $1,344 per month. Homeownership is high at 77.6%, typical of suburban and family-oriented communities.
The population of Montrose is moderately educated. 39.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (81.3%).
Montrose, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55363 | 5,664 | $98,287 | $273,000 | $1,344 | 3.3% | 39.3% | 77.6% |