Montrose, VA
Population 8,624 · Virginia
About Montrose, VA
Montrose is a small community in Virginia with a population of 8,624 residents. The median household income is $45,063 per year, which is below the national average. The median age in Montrose is 39.5 years.
Housing in Montrose has a median home value of $170,000 and median monthly rent of $1,260. Of the 3,892 total housing units, renting is more common than owning, with 1,435 owner-occupied and 2,265 renter-occupied units.
The unemployment rate in Montrose is 4.3% and the poverty rate is 25.5%. 18.6% of residents hold a bachelor's degree or higher. The average commute time is 19.2 minutes.
Cost of Living in Montrose, VA
Compared to national averages, Montrose has a median household income of $45,063 (40% below the national median of $75,149). Home values average $170,000, which is 31% below the national median. Monthly rent at $1,260 is 8% above the US average of $1,163. Within Virginia, Montrose's income is 49% below the state average of $87,957, and home values are 48% below the state median of $327,514.
Why Live in Montrose, VA?
Montrose offers affordable housing with a median home value of $170,000, below the US average of $244,900, and short commute times averaging just 19.2 minutes.
Potential considerations include median household income ($45,063) 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 8,624 with a median age of 39.5 years. Compare Montrose with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Montrose
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fair Lakes | 8,617 | $130,789 | $575,500 | Compare |
| Hollymead | 8,566 | $121,795 | $413,700 | Compare |
| Innsbrook | 8,559 | $130,534 | $445,600 | Compare |
| Smithfield | 8,729 | $110,182 | $358,100 | Compare |
| Bellwood | 8,489 | $50,172 | $192,600 | Compare |
| Dunn Loring | 8,782 | $236,563 | $935,000 | Compare |
| Rockwood | 8,834 | $90,804 | $312,500 | Compare |
| Dumbarton | 8,407 | $59,085 | $274,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
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, VA?
The population of Montrose, VA is 8,624 according to the latest Census data.
What is the median household income in Montrose?
The median household income in Montrose, VA is $45,063 per year.
What is the median home value in Montrose?
The median home value in Montrose, VA is $170,000.
What is the average rent in Montrose?
The median monthly rent in Montrose, VA is $1,260.
What is the unemployment rate in Montrose?
The unemployment rate in Montrose, VA is 4.3%.