Montrose, WV
Population 310 · West Virginia
About Montrose, WV
Montrose is a small community located in West Virginia with a population of 310 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,125 per year, which is 11% above the national median of $75,149. The median age of 24.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Montrose features a median home value of $191,300, which is 22% below the national median of $244,900. This positions Montrose in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 96 total housing units, 78% are owner-occupied (73 units) and 22% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Montrose shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Montrose have an average one-way commute time of 26.1 minutes.
Education & Demographics
17.1% 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Montrose Ranks in West Virginia
Cost of Living in Montrose, WV
Compared to national averages, Montrose has a median household income of $83,125 (11% above the national median of $75,149). Home values average $191,300, which is 22% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within West Virginia, Montrose's income is 54% above the state average of $54,014, and home values are 49% above the state median of $128,301.
Why Live in Montrose, WV?
Montrose offers a strong local economy with a median household income of $83,125, well above the national average, and affordable housing with a median home value of $191,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 4.5%, better than the national average.
Montrose has a population of 310 with a median age of 24.5 years. Compare Montrose with other cities to see how it stacks up, or explore all cities in West Virginia.
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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, WV?
The population of Montrose, WV is 310 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in West Virginia.
What is the median household income in Montrose?
The median household income in Montrose, WV is $83,125 per year, which is 11% above the national median of $75,149.
What is the median home value in Montrose?
The median home value in Montrose, WV is $191,300, which is 22% 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, WV is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Montrose?
The unemployment rate in Montrose, WV is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Montrose, WV a good place to live?
Montrose offers above-average incomes, affordable housing, and a strong job market. With a population of 310 and a median age of 24.5, the city appeals to young professionals and families.
How educated is Montrose, WV?
17.1% 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, WV: median home value is $191,300 (22% below national), median rent is $0/month, and median household income is $83,125. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Montrose?
The poverty rate in Montrose, WV is 4.5%, 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, WV?
Montrose's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.