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Montrose city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Montrose city, Iowa has a total population of 688, the 397th largest city in Iowa, with a median household income of $73,333, which is about average than the state average. The poverty rate is 8.8%.

Key Takeaways

Montrose city Quick Facts

Population 688
Median Household Income $73,333
Median Home Value $92,100
Poverty Rate 8.8%
Unemployment Rate 2.5%
Median Age 51.6 years
Homeownership Rate 93.2%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 10.6%
High School Graduation Rate 95.4%
Diversity Index 4/100
Population 688 397th of 1,018
Median Income $73,333 above average
Poverty Rate 8.8% 29% lower national
Median Home Value $92,100 below average

How Montrose city Compares

Economy & Housing

Employment

2.5% Unemployment Rate State: 3.6% | National: 5.2%
55.6% Labor Force Participation

Housing Overview

Owner 93.2%
Renter 6.8%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

4out of 100
Very Low Diversity

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

State average: 30 | National average: 60

Education

Montrose city Rankings in Iowa

#397 Population of 1,018
#291 Median Income of 1,018
#752 Education of 1,018
#630 Home Value of 1,018

Cities Similar to Montrose city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Albert City city680$76,094$92,50016.9%13.2%
Amana CDP650N/A$237,90062.2%4.2%
Washburn CDP658$75,278$133,90026.8%5.3%
Blairstown city652$74,167$164,30016.1%13.2%
Elkhart city680$81,771$241,70025.8%9.8%

Population Overview

Montrose city is a small community located in Iowa. The total population is 688. It ranks as the 397th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Montrose city is 51.6 years. This is 34% higher than the state median of 38.6 years. 12.7% 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 city is $73,333. This is about average than the state median of $73,147. Compared to the national median of $78,538, household income here is 7% lower. The poverty rate stands at 8.8%. This is 20% lower than the state poverty rate of 11.0%. The unemployment rate is 2.5%. This is 32% lower than the state rate of 3.6%. The median home value is $92,100. Housing costs are 53% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.3x, Montrose city is one of the most affordable housing markets in the area. 93.2% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 71.5%.

Race & Ethnicity

Montrose city has a predominantly White (non-Hispanic) population, comprising 97.8% of all residents. Asian residents account for 0.6%. The Black or African American population (0.3%) is well below the state average of 3.8%. The Hispanic or Latino population (0.3%) is well below the state average of 7.0%. The Asian population (0.6%) is well below the state average of 2.4%.

Education

10.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.4%.

Data Sources & Methodology

All demographic data for Montrose city, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Montrose city, Iowa?

Montrose city, Iowa has a population of 688 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Montrose city, IA?

The median household income in Montrose city is $73,333, which is 7% lower the national median of $78,538.

What is the poverty rate in Montrose city, IA?

The poverty rate in Montrose city is 8.8%. This means approximately 58 residents live below the federal poverty line.

What is the racial makeup of Montrose city, Iowa?

Montrose city's population is 97.8% White, 0.3% Black, 0.3% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Montrose city, IA?

The median home value in Montrose city is $92,100. The home-value-to-income ratio is 1.3x.

How educated is Montrose city, Iowa?

10.6% of adults (25+) in Montrose city hold a bachelor's degree or higher, and 3.4% hold a graduate or professional degree.