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Montrose, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Montrose, Virginia had a total population of 8,285, the 150th largest community in Virginia, with a median household income of $49,550, which is 47% lower than the state average. The poverty rate is 19.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Montrose Quick Facts

Population 8,285
Median Household Income $49,550
Median Home Value $194,100
Poverty Rate 19.9%
Unemployment Rate 4.2%
Median Age 39.9 years
Homeownership Rate 37.7%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 20.7%
High School Graduation Rate 85.2%
Diversity Index 45/100
Population 8,285 150th of 681
Median Income $49,550 bottom 20%
Poverty Rate 19.9% 60% higher than national
Median Home Value $194,100 below average

How Montrose Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population8,6248,285-3.9%
Median household income$45,063$49,550+10.0%
Median home value$170,000$194,100+14.2%

How Montrose Compares

Economy & Housing

Household Income Distribution

Under $25K 21.9%
$25K-$50K 28.6%
$50K-$100K 28.9%
$100K+ 20.5%
Detailed income brackets
Under $10K
10.7%
$10K-$15K
5.4%
$15K-$20K
4.8%
$20K-$25K
0.9%
$25K-$30K
4.6%
$30K-$35K
7.1%
$35K-$40K
7.1%
$40K-$45K
5.0%
$45K-$50K
4.7%
$50K-$60K
5.2%
$60K-$75K
11.1%
$75K-$100K
12.6%
$100K-$125K
10.4%
$125K-$150K
1.7%
$150K-$200K
4.7%
$200K+
3.7%

Employment

4.2% Unemployment Rate State: 4.3%|National: 5.2%
66.0% Labor Force Participation

Housing Overview

Owner 37.7%
Renter 62.3%
Affordability Index Affordable
3.9x home value to income ratio
Median gross rent $1,297/mo 31.4% of median household income annually

People & Demographics

Diversity Index

45out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 61 | National average: 61

Education

Montrose Rankings in Virginia

#150 Population of 681
#471 Median Income of 585
#427 Education of 680
#394 Home Value of 580

Other Cities in Henrico County

CityPopulationMedian IncomePovertyHome Value
Tuckahoe 49,183 $102,264 7.4% $462,800
Short Pump 29,026 $138,845 3.6% $568,900
Laurel 18,721 $73,609 8.4% $283,600
Glen Allen 17,551 $92,723 3.6% $357,200
East Highland Park 15,265 $64,681 12.8% $229,200
Highland Springs 14,296 $57,599 19.0% $227,300
Lakeside 12,654 $72,032 11.8% $288,200
Wyndham 12,099 $235,250 1.2% $703,000
Innsbrook 8,578 $129,436 5.0% $463,500
Dumbarton 7,997 $60,169 12.1% $291,300

Cities Similar to Montrose

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wytheville8,202$47,270$196,80024.7%21.2%
Abingdon8,330$54,544$228,00036.5%15.9%
Bellwood7,907$47,781$225,30014.0%21.0%
Pulaski8,893$49,491$160,50016.7%21.2%
South Boston7,853$44,052$171,20021.2%26.9%

Population Overview

Montrose is a small city located in Virginia, within Henrico County. The total population is 8,285. It ranks as the 150th most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Montrose is 39.9 years. This is 2% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Montrose is $49,550. This is 47% lower than the state median of $93,170. It is also 39% lower than the national median of $80,734. The poverty rate stands at 19.9%. This is 101% higher than the state poverty rate of 9.9%. The unemployment rate is 4.2%. This is 2% lower than the state rate of 4.3%. The median home value is $194,100. Housing costs are 49% lower than the state median of $383,700. The home-value-to-income ratio is 3.9x. 37.7% of occupied housing units are owner-occupied. This homeownership rate is 44% lower than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Montrose is Black or African American, making up 72.0% of the population. White (non-Hispanic) residents account for 17.1%. The White (non-Hispanic) population (17.1%) is well below the state average of 58.4%. The Black or African American population is significantly higher than the state average (72.0% vs 18.3%). The Hispanic or Latino population (2.5%) is well below the state average of 11.0%. The Asian population (1.8%) is well below the state average of 6.9%.

Education

20.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 51% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.2%.

Data Sources & Methodology

All demographic data for Montrose, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. 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, Virginia?

Montrose, Virginia has a population of 8,285 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Montrose, VA?

The median household income in Montrose is $49,550, which is 39% lower than the national median of $80,734.

What is the poverty rate in Montrose, VA?

The poverty rate in Montrose is 19.9%. This means approximately 1,650 residents live below the federal poverty line.

What is the racial makeup of Montrose, Virginia?

Montrose's population is 17.1% White, 72.0% Black, 2.5% Hispanic/Latino, and 1.8% Asian.

What is the median home value in Montrose, VA?

The median home value in Montrose is $194,100. The home-value-to-income ratio is 3.9x.

How educated is Montrose, Virginia?

20.7% of adults (25+) in Montrose hold a bachelor's degree or higher, and 2.4% hold a graduate or professional degree.