Montrose, MO
Population 442 · Missouri
About Montrose, MO
Montrose is a small community located in Missouri with a population of 442 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,938 per year, which is 32% below the national median of $75,149. The median age of 39.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Montrose features a median home value of $79,400, which is 68% below the national median of $244,900. This makes Montrose one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $855, 26% below the national average of $1,163/month. Of the 213 total housing units, 60% are owner-occupied (113 units) and 40% are renter-occupied (76 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Montrose shows an unemployment rate of 12.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Montrose have an average one-way commute time of 29.7 minutes.
Education & Demographics
16.6% of Montrose residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 2.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Montrose, MO
Compared to national averages, Montrose has a median household income of $50,938 (32% below the national median of $75,149). Home values average $79,400, which is 68% below the national median. Monthly rent at $855 is 26% below the US average of $1,163. Within Missouri, Montrose's income is 17% below the state average of $61,047, and home values are 47% below the state median of $150,786.
Why Live in Montrose, MO?
Montrose offers affordable housing with a median home value of $79,400, below the US average of $244,900, and rent that’s lower than the national average at $855/month, and a low poverty rate of 10.9%, better than the national average.
Potential considerations include median household income ($50,938) that falls below the national average. However, Montrose’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montrose has a population of 442 with a median age of 39.4 years. Compare Montrose with other cities to see how it stacks up, or explore all cities in Missouri.
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Demographics
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Economy & Education
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Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Montrose
What is the population of Montrose, MO?
The population of Montrose, MO is 442 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Montrose?
The median household income in Montrose, MO is $50,938 per year, which is 32% below the national median of $75,149.
What is the median home value in Montrose?
The median home value in Montrose, MO is $79,400, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Montrose?
The median monthly rent in Montrose, MO is $855, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Montrose?
The unemployment rate in Montrose, MO is 12.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Montrose, MO a good place to live?
Montrose offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 442 and a median age of 39.4, the city appeals to a broad range of residents.
How educated is Montrose, MO?
16.6% of residents in Montrose aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Montrose?
Key cost-of-living indicators for Montrose, MO: median home value is $79,400 (68% below national), median rent is $855/month, and median household income is $50,938. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Montrose?
The poverty rate in Montrose, MO is 10.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Montrose, MO?
Montrose's population is 0.0% White, 2.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 0.5% of residents are foreign-born.