Pros and Cons of Living In Montrose, Colorado. Is Montrose, CO a Nice Place To Live or Retire?

Montrose, Colorado

Moving to Montrose In Colorado ? Is Montrose, CO a Nice Place To Live? Pros and Cons of Living in Montrose, Colorado. Find out the best and worst about to live, raise a family or retire in Montrose.

Montrose is a home rule municipality that is the county seat and the most populous municipality of Montrose County, Colorado, United States. The city population was 20,291 at the 2020 census, within a total area of 18.5 square miles. The main road that leads in and out of Montrose is U.S. Highway 50. The city is located in western Colorado, in the Uncompahgre Valley, and is an economic, labor, and transportation waypoint for the surrounding area. Montrose is the second-largest city in western Colorado, after Grand Junction.

In 2022, Montrose was ranked in the top-25 of the nation's most dynamic micropolitan statistical areas by think tank Heartland Forward largely due to its outdoor recreation access.

DEMOGRAPHICS

Population
19396
Unemployment
7.2%
53% NAT AVG.
Poverty
16.8%
20% NAT AVG.
Cost Of Living
101
1% NAT AVG.

ECONOMICS

Median Home Cost
$232200
1% NAT AVG.
Median Income
$52534
22% NAT AVG.
Median Rent
$936
19% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
667
43% NAT. AVG.
3% STATE AVG.
Violent Crime
37
52% NAT. AVG.
56% STATE AVG.
Property Crime
630
62% NAT. AVG.
12% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 14
People Earning < $10,000
1 in 15
People Earning < $50,000
49%
People With Any Degree
1 in 2.9

ETHNICITY

Ethnicity Montrose USA
White 75.9% 60.1%
African American 0.1% 12.2%
American Indian 1.1% 0.6%
Asian 1% 5.6%
Hawaiian 0.3% 0.2%
Multiracial 1% 2.8%
Hispanic 20.6% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Montrose USA
Less than $10,000 6.8% 5.8%
$10,000 to $14,999 7% 4.1%
$15,000 to $24,999 10.4% 8.5%
$25,000 to $34,999 11.5% 8.6%
$35,000 to $49,999 13.3% 12.0%
$50,000 to $74,999 18.8% 17.2%
$75,000 to $99,999 14.6% 12.8%
$100,000 to $149,999 10.7% 15.6%
$150,000 to $199,999 3.3% 7.1%

EDUCATION

Education Montrose USA
< 9th Grade 7% 5.0%
9-12th Grade 5% 7.0%
High School or GED 27% 27.0%
Other College 27% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 6% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 2% 1.0%
Montrose is a city in Colorado state in USA with a population of 19396 residents.. The poverty rate of Montrose is 16.8%, which is 20% higher than national average. The typical household in Montrose earns $52534 a year, compared to the national median of $67,500. Nearly 49% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Montrose remained 7.2%, which is 53% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Montrose is 101, which is 1% higher than national average. In Montrose, only 27% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Montrose is $232200 , which is 1% higher than national average. While median income in Montrose remained $52534, which is 22% lower than national average.
Montrose Scorecard

Jobs60%

Housing80%

Affordability50%

Safety60%

Amenities80%

Diversity80%

Education70%

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