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The total population of Montrose is estimated to be 706 with 336 males (47.59%) and 370 females (52.41%). There are 34 more females than males in Montrose.
The median household income in Montrose was $61,477 in 2021, which marked an an increase of 1,076(1.78%) from $60,401 in 2020. This income is 82.40% 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 $82,690. Overall, the median household income for the city of Montrose stands at $61,477.
In Montrose, the median income for all workers aged 15 years and older, regardless of work hours, was $50,764 for males and $23,495 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,557 for males and $40,534 for females.
In Montrose, population is primarily represented by White households, reporting a median income of $62,152.
In 2022, the population of Montrose was 729, a 1.09% decrease year-by-year from 2021. Previously, in 2021, Montrose's population was 737, a decline of 0.81% compared to a population of 743 in 2020.
The median age in Montrose, IA is 50.9, as per 2021 ACS 5-Year Estimates. Of the total population, 16.90% were under the age of 15, 4.65% aged 15 to 29, 53.94% aged 30 to 64, 22.11% aged 65 to 84, and 2.39% were 85 years of age and older.
Racial distribution of Montrose population: 98.73% are White, 0.28% are Black or African American and 0.99% are multiracial.