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Montrose city, Minnesota Demographics & Population 2026

As of 2026, Montrose city, Minnesota has a total population of 3,840, the 184th largest city in Minnesota, with a median household income of $98,832, which is 13% higher than the state average. The poverty rate is 7.3%.

Montrose city Quick Facts

Population 3,840
Median Household Income $98,832
Median Home Value $260,100
Poverty Rate 7.3%
Unemployment Rate 3.4%
Median Age 34.7 years
Homeownership Rate 77.3%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 27.5%
High School Graduation Rate 89.0%
Diversity Index 22/100
Population 3,840 184th of 913
Median Income $98,832 top 20%
Poverty Rate 7.3% 41% lower national
Median Home Value $260,100 top 30%

How Montrose city Compares

Economy & Housing

Employment

3.4% Unemployment Rate State: 3.9% | National: 5.2%
76.3% Labor Force Participation

Housing Overview

Owner 77.3%
Renter 22.7%
Affordability Index Very Affordable
2.6x home value to income ratio

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Montrose city Rankings in Minnesota

#184 Population of 913
#134 Median Income of 913
#260 Education of 913
#208 Home Value of 913

Other Cities in Wright County

CityPopulationMedian IncomePovertyHome Value
Otsego city 21,358 $127,219 0.8% $367,200
St. Michael city 19,267 $130,814 4.0% $365,800
Buffalo city 16,388 $88,306 6.6% $281,900
Monticello city 14,607 $81,563 8.8% $298,400
Dayton city 8,381 $137,383 2.8% $510,600
Albertville city 8,066 $126,307 0.6% $326,400
Delano city 6,712 $118,091 3.2% $347,500
Becker city 4,958 $90,188 5.6% $257,600
Rockford city 4,521 $82,228 6.7% $265,900
Hanover city 3,495 $147,944 2.2% $421,700

Cities Similar to Montrose city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Zumbrota city3,843$96,818$235,80034.0%8.8%
Scandia city3,966$100,179$471,90041.3%2.6%
St. Charles city4,021$96,544$231,30035.3%3.3%
Pine Island city3,693$91,612$324,70038.3%3.4%
Rice Lake city4,120$95,347$283,70031.7%6.8%

Population Overview

Montrose city is a small community located in Minnesota, within Wright County. The total population is 3,840. It ranks as the 184th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Montrose city is 34.7 years. This is 10% lower than the state median of 38.6 years. With 30.8% of the population under 18, Montrose city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Montrose city is $98,832. This is 13% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 26% higher. The poverty rate stands at 7.3%. This is 20% lower than the state poverty rate of 9.2%. The unemployment rate is 3.4%. This is 15% lower than the state rate of 3.9%. The median home value is $260,100. Housing costs are 15% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.6x, Montrose city is one of the most affordable housing markets in the area. 77.3% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 72.4%.

Race & Ethnicity

Montrose city has a predominantly White (non-Hispanic) population, comprising 87.2% of all residents. Hispanic or Latino residents account for 3.1%.

Education

27.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.0%.

Data Sources & Methodology

All demographic data for Montrose city, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Montrose city, Minnesota?

Montrose city, Minnesota has a population of 3,840 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Montrose city is $98,832, which is 26% higher the national median of $78,538.

What is the poverty rate in Montrose city, MN?

The poverty rate in Montrose city is 7.3%. This means approximately 282 residents live below the federal poverty line.

What is the racial makeup of Montrose city, Minnesota?

Montrose city's population is 87.2% White, 0.0% Black, 3.1% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Montrose city is $260,100. The home-value-to-income ratio is 2.6x.

How educated is Montrose city, Minnesota?

27.5% of adults (25+) in Montrose city hold a bachelor's degree or higher, and 5.1% hold a graduate or professional degree.