Is Montrose, Colorado a Good Place To Live? - Living In Montrose, CO

Is Montrose, Colorado a good place to live?
Montrose is a city in Colorado state in USA with a population of 19396 residents.. The poverty rate of Montrose is 16.8%, which is 20% higher than national average. The typical household in Montrose earns $52534 a year, compared to the national median of $67,500. Nearly 49% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Montrose, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Montrose remained 7.2%, which is 53% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Montrose, only 27% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Montrose is 101, which is 1% higher than national average. Median home value in Montrose is $232200 , which is 1% higher than national average. While median income in Montrose remained $52534, which is 22% lower than national average.
Population
19396
Unemployment
7.2%
53% NAT AVG.
Poverty
16.8%
20% NAT AVG.
Overall Score
5
Median Home Cost
$232200
1% NAT AVG.
Median Income
$52534
22% NAT AVG.
Median Rent
$936
19% NAT AVG.
Cost Of Living
101
1% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 14
People Earning < $10,000
1 in 15
People Earning < $50,000
49%
People with <= High School
1 in 2.6
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs60%

Housing80%

Affordability50%

Safety60%

Amenities80%

Diversity80%

Education70%

Commute95%