Montrose-Ghent, OH
Population 5,946 · Ohio
About Montrose-Ghent, OH
Montrose-Ghent is a small town located in Ohio with a population of 5,946 residents according to the latest US Census Bureau American Community Survey data. The median household income is $175,781 per year, which is 134% above the national median of $75,149. The median age of 46.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Montrose-Ghent features a median home value of $517,900, which is 111% above the national median of $244,900. This places Montrose-Ghent in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,721, 134% above the national average of $1,163/month. Of the 2,436 total housing units, 92% are owner-occupied (2,102 units) and 8% are renter-occupied (175 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Montrose-Ghent shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Montrose-Ghent have an average one-way commute time of 40.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
78.8% of Montrose-Ghent residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.1% Hispanic or Latino, 0.9% Black or African American, and 0.0% Asian residents, with 4.4% of the population being foreign-born.
How Montrose-Ghent Ranks in Ohio
Cost of Living in Montrose-Ghent, OH
Compared to national averages, Montrose-Ghent has a median household income of $175,781 (134% above the national median of $75,149). Home values average $517,900, which is 111% above the national median. Monthly rent at $2,721 is 134% above the US average of $1,163. Within Ohio, Montrose-Ghent's income is 145% above the state average of $71,814, and home values are 197% above the state median of $174,449.
Why Live in Montrose-Ghent, OH?
Montrose-Ghent offers a strong local economy with a median household income of $175,781, well above the national average, and a strong job market with an unemployment rate of just 2.2%, and a well-educated community where 78.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $517,900. However, Montrose-Ghent’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montrose-Ghent has a population of 5,946 with a median age of 46.6 years. Compare Montrose-Ghent with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Montrose-Ghent
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fort Shawnee | 5,952 | $88,606 | $187,800 | Compare |
| Granville | 5,916 | $123,860 | $490,500 | Compare |
| Groveport | 5,916 | $91,545 | $245,200 | Compare |
| Geneva | 5,912 | $48,357 | $138,900 | Compare |
| Waterville | 5,997 | $102,096 | $271,100 | Compare |
| Port Clinton | 5,999 | $58,524 | $142,100 | Compare |
| Rittman | 6,033 | $64,492 | $153,200 | Compare |
| The Village of Indian Hill | 6,048 | $228,194 | $1,156,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Montrose-Ghent With Other Cities
Frequently Asked Questions about Montrose-Ghent
What is the population of Montrose-Ghent, OH?
The population of Montrose-Ghent, OH is 5,946 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Montrose-Ghent?
The median household income in Montrose-Ghent, OH is $175,781 per year, which is 134% above the national median of $75,149.
What is the median home value in Montrose-Ghent?
The median home value in Montrose-Ghent, OH is $517,900, which is 111% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Montrose-Ghent?
The median monthly rent in Montrose-Ghent, OH is $2,721, which is 134% above the national average of $1,163/month.
What is the unemployment rate in Montrose-Ghent?
The unemployment rate in Montrose-Ghent, OH is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Montrose-Ghent, OH a good place to live?
Montrose-Ghent offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,946 and a median age of 46.6, the city appeals to established professionals and retirees.
How educated is Montrose-Ghent, OH?
78.8% of residents in Montrose-Ghent aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Montrose-Ghent?
Key cost-of-living indicators for Montrose-Ghent, OH: median home value is $517,900 (111% above national), median rent is $2,721/month, and median household income is $175,781. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Montrose-Ghent?
The poverty rate in Montrose-Ghent, OH is 5.1%, 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-Ghent, OH?
Montrose-Ghent's population is 0.0% White, 0.1% Hispanic or Latino, 0.9% Black or African American, 0.0% Asian, and 0.3% two or more races. 4.4% of residents are foreign-born.