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Montrose village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Montrose village, Illinois has a total population of 276, the 1114th largest city in Illinois, with a median household income of $54,821, which is 33% lower than the state average. The poverty rate is 15.6%.

Key Takeaways

Montrose village Quick Facts

Population 276
Median Household Income $54,821
Median Home Value $125,000
Poverty Rate 15.6%
Unemployment Rate 2.0%
Median Age 40.6 years
Homeownership Rate 75.9%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 8.7%
High School Graduation Rate 90.7%
Diversity Index 21/100
Population 276 1114th of 1,445
Median Income $54,821 bottom 30%
Poverty Rate 15.6% 25% higher national
Median Home Value $125,000 average

How Montrose village Compares

Economy & Housing

Employment

2.0% Unemployment Rate State: 5.8% | National: 5.2%
65.5% Labor Force Participation

Housing Overview

Owner 75.9%
Renter 24.1%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Montrose village Rankings in Illinois

#1114 Population of 1,445
#1013 Median Income of 1,445
#1183 Education of 1,445
#624 Home Value of 1,445

Cities Similar to Montrose village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bureau Junction village279$54,063$53,7006.1%25.4%
Dundas CDP264N/A$77,8000.0%0.0%
Standard village284$52,500$108,20015.5%8.8%
Cypress village264$53,750$72,5005.6%16.7%
Alexander CDP258N/A$121,40024.8%5.8%

Population Overview

Montrose village is a small community located in Illinois. The total population is 276. It ranks as the 1114th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Montrose village is 40.6 years. This is 4% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Montrose village is $54,821. This is 33% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 30% lower. The poverty rate stands at 15.6%. This is 33% higher than the state poverty rate of 11.7%. The unemployment rate is 2.0%. This is 65% lower than the state rate of 5.8%. The median home value is $125,000. Housing costs are 50% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.3x, Montrose village is one of the most affordable housing markets in the area. 75.9% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 66.8%.

Race & Ethnicity

Montrose village has a predominantly White (non-Hispanic) population, comprising 88.0% of all residents. Hispanic or Latino residents account for 9.8%. The Black or African American population (0.7%) is well below the state average of 13.6%.

Education

8.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 76% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.7%.

Data Sources & Methodology

All demographic data for Montrose village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Montrose village, Illinois?

Montrose village, Illinois has a population of 276 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Montrose village, IL?

The median household income in Montrose village is $54,821, which is 30% lower the national median of $78,538.

What is the poverty rate in Montrose village, IL?

The poverty rate in Montrose village is 15.6%. This means approximately 43 residents live below the federal poverty line.

What is the racial makeup of Montrose village, Illinois?

Montrose village's population is 88.0% White, 0.7% Black, 9.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Montrose village, IL?

The median home value in Montrose village is $125,000. The home-value-to-income ratio is 2.3x.

How educated is Montrose village, Illinois?

8.7% of adults (25+) in Montrose village hold a bachelor's degree or higher, and 0.5% hold a graduate or professional degree.