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The total population of Montrose is estimated to be 1,958 with 972 males (49.64%) and 986 females (50.36%). There are 14 more females than males in Montrose.
The median household income in Montrose was $42,864 in 2021, which marked an an increase of 1,552(3.76%) from $41,312 in 2020. This income is 57.45% 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 $55,642. Overall, the median household income for the city of Montrose stands at $42,864.
In Montrose, the median income for all workers aged 15 years and older, regardless of work hours, was $33,823 for males and $23,338 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,994 for males and $37,697 for females.
In Montrose, there are just three different racial groups among households. Among these, White households report a median household income of $46,953, followed by Two or More Races households at $42,151, and Black or African American households with a median household income of $11,553.
In 2022, the population of Montrose was 1,712, a 0.93% decrease year-by-year from 2021. Previously, in 2021, Montrose's population was 1,728, a decline of 0.52% compared to a population of 1,737 in 2020.
The median age in Montrose, MI is 32.6, as per 2021 ACS 5-Year Estimates. Of the total population, 24.51% were under the age of 15, 20.23% aged 15 to 29, 39.89% aged 30 to 64, 14.96% aged 65 to 84, and 0.42% were 85 years of age and older.
Racial distribution of Montrose population: 85.56% are White, 5.97% are Black or African American, 0.42% are American Indian and Alaska Native, 0.33% are Asian, 0.33% are some other race and 7.38% are multiracial.