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ZipNumbers

Michigan · Census place 55280

Montrose city, MI

Quick answer

Montrose city has 2,057 residents, ranking #303 of 745 places in Michigan. Median household income is $44,625, the median home is worth $109,700 and median gross rent runs $801 a month.

Population
2,057Montrose city residents
Median household income
$44,625Past 12 months, inflation adjusted
Median home value
$109,700Owner-occupied units
Median gross rent
$801Rent plus utilities, monthly
Median age
32 yrsAll residents
Homeownership rate
57.5%Owner-occupied households

What the numbers mean in Montrose city

Housing cost measured against local earnings.

A household earning the Montrose city median would spend about 21.5% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.8% of residents and 57.5% of households own their home.

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

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