What is the population of Montrose city?

Montrose city has 20,703 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #38 of 482 in Colorado.

What is the median household income in Montrose city?

Median household income in Montrose city is $63,177 a year, 19.6% below the national figure of $78,538.

How much does it cost to rent or buy in Montrose city?

Median gross rent is $1,117 a month and the median home value is $359,000, so rent absorbs about 21.2% of median household income.

Is Montrose city affordable compared with the rest of the US?

Homes cost about 5.7× the local median income here versus roughly 3.9× nationally, so Montrose city is less affordable to buy in than the typical US market, and rent takes 21.2% of median income against the 30% cost-burden line.

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Colorado · Census place 51745

Montrose, CO population, income and ZIP codes

Quick answer

The population of the city of Montrose, Colorado (Montrose, CO — Census place “Montrose city”) is 20,703 residents, ranking #38 of 482 places in Colorado. Median household income is $63,177, the median home is worth $359,000 and median gross rent runs $1,117 a month. Looking for the Montrose Colorado ZIP code list? 1 ZIP codes serve Montrose, CO: 81401.

Population: 20,703Montrose city residents
Median household income: $63,177Past 12 months, inflation adjusted
Median home value: $359,000Owner-occupied units
Median gross rent: $1,117Rent plus utilities, monthly
Median age: 45.9 yrsAll residents
Homeownership rate: 69.8%Owner-occupied households

Montrose ZIP codes (Colorado)

Census ZCTAs whose delivery area overlaps Montrose.

The Montrose CO ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

81401

What the numbers mean in Montrose city

Housing cost measured against local earnings.

A household earning the Montrose city median would spend about 21.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.9% of residents and 69.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Montrose city, CO in context

How this area compares with national benchmarks.

Montrose city is a mid-size town in Colorado, with 20,703 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #38 of 482 ranked by population — larger than 92% of them. The median age here is 45.9 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Montrose city earn a median of $63,177 a year, 19.6% below the national figure of $78,538 and 27% below the $86,484 median for the 223 Colorado cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 12.9% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Montrose city is valued at $359,000, 18.3% above the national figure and 21% below the $453,600 peer median, while median gross rent runs $1,117 a month, 20.6% below the national figure, or roughly $13,404 across a full year. A household on the local median income would put about 21.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 5.7×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 69.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

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Frequently asked questions

Common questions about this area.

What is the population of Montrose city?: Montrose city has 20,703 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #38 of 482 in Colorado.
What is the median household income in Montrose city?: Median household income in Montrose city is $63,177 a year, 19.6% below the national figure of $78,538.
How much does it cost to rent or buy in Montrose city?: Median gross rent is $1,117 a month and the median home value is $359,000, so rent absorbs about 21.2% of median household income.
Is Montrose city affordable compared with the rest of the US?: Homes cost about 5.7× the local median income here versus roughly 3.9× nationally, so Montrose city is less affordable to buy in than the typical US market, and rent takes 21.2% of median income against the 30% cost-burden line.
How current is this Montrose city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.