Montrose, CO Micro Area

Metro Area

Population: 43,272 (2023 estimate)

Core-Based Statistical Area (CBSA)

Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.

Metro income rankings Compare to another metro

Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Montrose, CO Micro Area

What is the median household income in Montrose, CO Micro Area?: The median household income in Montrose, CO Micro Area is $66,072 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Montrose, CO Micro Area?: The poverty rate in Montrose, CO Micro Area is 8.2% (U.S. Census Bureau ACS 2023).
What is the median home value in Montrose, CO Micro Area?: $357,900 (U.S. Census Bureau ACS 2023).
What is the average rent in Montrose, CO Micro Area?: The median gross rent in Montrose, CO Micro Area is $1,120 per month (U.S. Census Bureau ACS 2023).
What percentage of Montrose, CO Micro Area residents have a college degree?: 28.3% of adults in Montrose, CO Micro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

43,272

Median Income

$66,072

Median Home Value

$357,900

Poverty Rate

8.2%

Unemployment (ACS 2023)

4.2%

Median Age

45.0 yrs

Since 2019 Median Income: +$14,425 (+27.9%) Home Value: +$117,800 (+49.1%) Poverty Rate: -2.0 pp (-19.6%) Bachelor's+: +0.5 pp (+1.8%) Unemployment: -1.8 pp (-30%)

Demographics

Total Population 43,272

Median Age 45.0

Female 50.1%

Race & Ethnicity

Hispanic or Latino 21.2% White (non-Hisp.) 74.0% Black 0.3% Asian 0.5% Two or More 13.8% Other 2.9%

Asian Subgroups (% of total pop.)

Filipino

0.2%

Chinese

0.1%

Hispanic Subgroups (% of total pop.)

Mexican

16.9%

Puerto Rican

0.2%

Cuban

0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $66,072 ±$4,303

Per Capita Income $84,823

Median Family Income $81,516

Poverty Rate 8.2%

Child Poverty Rate 12.9%

Working-Age Poverty Rate —

SNAP Recipients 10.8%

Social Security Income —

Retirement Income 28.2%

Household Income Distribution

< $10k

4.7%

$10–15k

3.2%

$15–25k

9.4%

$25–35k

9.2%

$35–50k

11.2%

$50–75k

18.4%

$75–100k

14.8%

$100–150k

15.3%

$150–200k

5.7%

$200k+

8.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 19,429

Owner-Occupied 74.6%

Renter-Occupied 25.4%

Vacancy Rate 9.8%

Median Home Value $357,900

Median Gross Rent $1,120

Owner Cost Burden (30%+) 25.6%

Renter Cost Burden (30%+) 40.4%

Home Value Distribution

< $50k

6.9%

$50–100k

2.8%

$100–200k

5.2%

$200–300k

19.6%

$300–500k

34.4%

$500k–$1M

22.9%

$1M+

4.1%

Gross Rent Distribution

< $500

11.4%

$500–1k

31.0%

$1–1.5k

33.6%

$1.5–2k

16.0%

$2–2.5k

5.5%

$2.5–3.5k

0.9%

$3.5k+

1.6%

Vehicle Availability

No vehicle

3.1%

1 vehicle

25.9%

2 vehicles

41.4%

29.6%

Housing Type

Single-fam. det.

66.6%

Single-fam. att.

3.2%

2–4 units

2.6%

5–19 units

2.0%

20+ units

2.0%

Mobile home

19.9%

Housing Age

Pre-1940

7.6%

1940–1969

2.2%

1970–1999

17.2%

2000–2009

23.7%

2010+

9.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 91.0%

Bachelor's or Higher 28.3%

Graduate Degree 9.5%

Some College / Associate 21.7%

Less Than High School 4.6%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 55.7%

Unemployment Rate 4.2%

Work from Home 10.5%

Self-Employed 12.2%

Government Workers 11.9%

Private For-Profit 75.4%

Industry

Edu/Health

22.2%

Construction

13.6%

Retail

13.4%

Prof. Services

8.0%

Arts/Entmt.

7.9%

Manufacturing

6.4%

Transportation

5.8%

Finance

4.7%

Public Admin

4.4%

Agriculture

3.7%

Wholesale

2.1%

Information

1.2%

Occupation

Management

31.6%

Sales

21.0%

Food Prep

17.5%

Construction

14.9%

Production

14.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 21.3 min

Drove Alone 77.4%

Carpool 7.3%

Public Transit 0.1%

Work from Home 10.5%

Walked 2.9%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 17,529

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 52.1%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 16.0%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

4.7%

5–9

5.6%

10–14

6.5%

15–19

5.7%

20–24

5.1%

25–34

9.6%

35–44

11.9%

45–54

11.4%

55–64

6.6%

65–74

7.7%

75–84

15.0%

85+

7.8%

Under 18: 20.5% Working age (18–64): 79.5% 65 and over: 25.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 6.7%

Naturalized Citizen 33.1%

Speaks English Less Than Very Well 6.0%

Foreign-Born Origin

Latin America

82.6%

Asia

8.4%

Europe

7.7%

Veterans & Disability

Veteran 8.7%

With a Disability 12.8%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 87.1%

Uninsured 12.9%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 84.9%

Has a Computer 90.8%

Same House 1 Year Ago 90.6%

Moved from Abroad 0.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023