What is the population of Montrose city?

Montrose city has 3,840 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #184 of 914 in Minnesota.

What is the median household income in Montrose city?

Median household income in Montrose city is $98,832 a year, 25.8% above the national figure of $78,538.

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

Median gross rent is $1,313 a month and the median home value is $260,100, so rent absorbs about 15.9% of median household income.

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

Homes cost about 2.6× the local median income here versus roughly 3.9× nationally, so Montrose city is more affordable to buy in than the typical US market, and rent takes 15.9% of median income against the 30% cost-burden line.

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Minnesota · Census place 43810

Montrose, MN population, income and ZIP codes

Quick answer

The population of the city of Montrose, Minnesota (Montrose, MN — Census place “Montrose city”) is 3,840 residents, ranking #184 of 914 places in Minnesota. Median household income is $98,832, the median home is worth $260,100 and median gross rent runs $1,313 a month. Looking for the Montrose Minnesota ZIP code list? 1 ZIP codes serve Montrose, MN: 55363.

Population: 3,840Montrose city residents
Median household income: $98,832Past 12 months, inflation adjusted
Median home value: $260,100Owner-occupied units
Median gross rent: $1,313Rent plus utilities, monthly
Median age: 34.7 yrsAll residents
Homeownership rate: 77.3%Owner-occupied households

Montrose ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps Montrose.

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

55363

What the numbers mean in Montrose city

Housing cost measured against local earnings.

A household earning the Montrose city median would spend about 15.9% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.4% of residents and 77.3% 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, MN in context

How this area compares with national benchmarks.

Montrose city is a small town in Minnesota, with 3,840 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #184 of 914 ranked by population — larger than 79% of them. The median age here is 34.7 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Montrose city earn a median of $98,832 a year, 25.8% above the national figure of $78,538 and 31% above the $75,469 median for the 361 Minnesota 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 7.4% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Montrose city is valued at $260,100, 14.3% below the national figure and 8% above the $240,400 peer median, while median gross rent runs $1,313 a month, 6.6% below the national figure, or roughly $15,756 across a full year. A household on the local median income would put about 15.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 77.3% 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.

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Frequently asked questions

Common questions about this area.

What is the population of Montrose city?: Montrose city has 3,840 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #184 of 914 in Minnesota.
What is the median household income in Montrose city?: Median household income in Montrose city is $98,832 a year, 25.8% above the national figure of $78,538.
How much does it cost to rent or buy in Montrose city?: Median gross rent is $1,313 a month and the median home value is $260,100, so rent absorbs about 15.9% of median household income.
Is Montrose city affordable compared with the rest of the US?: Homes cost about 2.6× the local median income here versus roughly 3.9× nationally, so Montrose city is more affordable to buy in than the typical US market, and rent takes 15.9% 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. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.