Montrose, Colorado Demographics & Population 2026
During the 2020–2024 ACS period, Montrose, Colorado had a total population of 21,044, the 37th largest city in Colorado, with a median household income of $70,386, which is 26% lower than the state average. The poverty rate is 11.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Montrose Quick Facts
How Montrose Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 20,703 | 21,044 | +1.6% |
| Median household income | $63,177 | $70,386 | +11.4% |
| Median home value | $359,000 | $387,900 | +8.1% |
How Montrose Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 52 | National average: 61
Education
Educational Attainment (Adults 25+)
Montrose Rankings in Colorado
Explore Colorado Rankings
Other Cities in Montrose County
Cities Similar to Montrose
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Evans | 22,396 | $75,563 | $351,000 | 21.2% | 13.5% |
| Cimarron Hills | 19,817 | $80,808 | $368,000 | 26.9% | 10.6% |
| Durango | 19,411 | $78,602 | $668,400 | 60.4% | 13.0% |
| Sherrelwood | 18,692 | $75,327 | $432,200 | 20.0% | 10.7% |
| Four Square Mile | 23,024 | $80,903 | $474,200 | 47.0% | 14.8% |
Population Overview
Montrose is a small city located in Colorado, within Montrose County. The total population is 21,044. It ranks as the 37th most populous out of 472 Census-designated places in Colorado.
Age Demographics
The median age in Montrose is 47.0 years. This is 25% higher than the state median of 37.7 years. 12.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Montrose is $70,386. This is 26% lower than the state median of $95,470. It is also 13% lower than the national median of $80,734. The poverty rate stands at 11.6%. This is 23% higher than the state poverty rate of 9.4%. The unemployment rate is 5.0%. This is 7% higher than the state rate of 4.6%. The median home value is $387,900. Housing costs are 28% lower than the state median of $539,400. The home-value-to-income ratio is 5.5x. 70.7% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 66.2%.
Race & Ethnicity
The largest racial or ethnic group in Montrose is White (non-Hispanic), making up 74.4% of the population. Hispanic or Latino residents account for 21.5%. The Black or African American population (0.5%) is well below the state average of 3.8%. The Asian population (0.9%) is well below the state average of 3.2%.
Education
33.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 27% lower than the state rate of 45.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.8%.
Data Sources & Methodology
All demographic data for Montrose, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 472 Census-designated places in Colorado. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Montrose, Colorado?
Montrose, Colorado has a population of 21,044 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Montrose, CO?
The median household income in Montrose is $70,386, which is 13% lower than the national median of $80,734.
What is the poverty rate in Montrose, CO?
The poverty rate in Montrose is 11.6%. This means approximately 2,405 residents live below the federal poverty line.
What is the racial makeup of Montrose, Colorado?
Montrose's population is 74.4% White, 0.5% Black, 21.5% Hispanic/Latino, and 0.9% Asian.
What is the median home value in Montrose, CO?
The median home value in Montrose is $387,900. The home-value-to-income ratio is 5.5x.
How educated is Montrose, Colorado?
33.5% of adults (25+) in Montrose hold a bachelor's degree or higher, and 14.2% hold a graduate or professional degree.