Cities / Colorado / Montrose

Montrose, CO

20,394 people

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Population & People

Population

20,394

Median age

Median household income

$70,386

Poverty rate

11.6%

Unemployment rate

4.9%

Bachelor's degree+

33.5%

Avg. commute

18 min

Hispanic or Latino

21.5%

Source: U.S. Census Bureau, American Community Survey.

Housing & Rent

Median home value

$387,900

Median gross rent

$1,197/mo

Homeownership rate

70.71%

HUD FMR — 2 bedroom

$1,429

HUD Fair Market Rent (Colorado statewide average across 64 areas — not specific to Montrose), 2026. Efficiency $1083, 1BR $1161, 2BR $1429, 3BR $1861, 4BR $2178. This is a different official figure from Census median gross rent above.

Energy

Colorado gasoline midgrade

$4.52

Colorado commercial electricity

12.47¢/kWh

Colorado industrial electricity

9.07¢/kWh

Colorado residential electricity

15.85¢/kWh

Economy

Gross Domestic Product: All Industry Total

584323.9

Real Gross Domestic Product: All Industry Total

458147.1

All-Transactions House Price Index for Colorado

853.19

Unemployment Rate

3.9%

Source: FRED, Colorado-specific series.

Nearby Airports

Sources & Data: National Weather Service (weather, alerts), EPA AirNow (air quality), U.S. Census Bureau (population, housing), HUD (Fair Market Rent), U.S. Energy Information Administration (Colorado energy prices), Federal Reserve Bank of St. Louis (Colorado economic indicators), OurAirports (airport directory).