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ZipNumbers

South Dakota · Census place 43500

Montrose city, SD

Quick answer

Montrose city has 514 residents, ranking #145 of 485 places in South Dakota. Median household income is $86,000, the median home is worth $216,700 and median gross rent runs $498 a month.

Population
514Montrose city residents
Median household income
$86,000Past 12 months, inflation adjusted
Median home value
$216,700Owner-occupied units
Median gross rent
$498Rent plus utilities, monthly
Median age
39.3 yrsAll residents
Homeownership rate
72.3%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 6.9% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.7% of residents and 72.3% of households own their home.

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

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