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The total population of Montrose is estimated to be 20,394 with 9,418 males (46.18%) and 10,976 females (53.82%). There are 1,558 more females than males in Montrose.
The median household income in Montrose was $58,650 in 2021, which marked an a decrease of 878(1.47%) from $59,528 in 2020. This income is 78.61% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Montrose sees its highest median household income among householders in the age group of 25 to 44 years old, at $79,130. Overall, the median household income for the city of Montrose stands at $58,650.
In Montrose, the median income for all workers aged 15 years and older, regardless of work hours, was $37,161 for males and $25,612 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,212 for males and $44,775 for females.
In Montrose, there are just three different racial groups among households. Among these, Asian households report a median household income of $89,363, followed by Some Other Race households at $60,517, and White households with a median household income of $58,155.
In 2022, the population of Montrose was 21,003, a 1.52% increase year-by-year from 2021. Previously, in 2021, Montrose's population was 20,689, an increase of 1.64% compared to a population of 20,356 in 2020.
The median age in Montrose, CO is 48.3, as per 2021 ACS 5-Year Estimates. Of the total population, 16.51% were under the age of 15, 15.31% aged 15 to 29, 41.45% aged 30 to 64, 23.66% aged 65 to 84, and 3.07% were 85 years of age and older.
Racial distribution of Montrose population: 89.28% are White, 0.19% are Black or African American, 0.80% are American Indian and Alaska Native, 0.98% are Asian, 0.30% are Native Hawaiian and other Pacific Islander, 2.40% are some other race and 6.06% are multiracial.