Also See Montrose, IA: ZIP Codes & Maps
The City of Montrose had a population of 714 as of July 1, 2023.
The primary coordinate point for Montrose is located at latitude 40.5323 and longitude -91.4149 in Lee County. The formal boundaries for the City of Montrose encompass a land area of 1.12 sq. miles and a water area of 0.02 sq. miles. Lee County is in the Central time zone (GMT -6).
The City of Montrose has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The City of Montrose is located within Township of Montrose, a minor civil division (MCD) of Lee County.
POPULATION | |
---|---|
Total Population | 714 (100%) |
Population in Households | 685 (95.9%) |
Population in Families | 551 (77.2%) |
Population in Group Quarters1 | 29 ( 4.1%) |
Population Density | 590 |
Diversity Index2 | 12 |
INCOME | |
Median Household Income | $61,778 |
Average Household Income | $75,737 |
% of Income for Mortgage4 | 13% |
Per Capita Income | $32,602 |
Wealth Index5 | 63 |
Socioeconomic Status Index6 | Moderate (55.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 346 (100%) |
Owner Occupied HU | 267 (77.2%) |
Renter Occupied HU | 40 (11.6%) |
Vacant Housing Units | 39 (11.3%) |
Median Home Value | $133,824 |
Average Home Value | $179,494 |
Housing Affordability Index3 | 176 |
HOUSEHOLDS | |
Total Households | 307 |
Average Household Size | 2.23 |
Family Households | 200 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -1.01% | -0.88% |
Households | -0.69% | -0.79% |
Families | -0.81% | |
Median Household Income | 3.49% | |
Per Capita Income | 3.40% | |
Owner Occupied HU | -0.30% |
The table below compares Montrose to the other 1,027 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 373 | 64th |
Population Density | # 534 | 48th |
Median Household Income | # 638 | 38th |
Housing Affordability Index | # 739 | 72nd |
Per Capita Income | # 804 | 22nd |
Diversity Index | # 687 | 33rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.
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