HomeColoradoMontrose CountyMontrose city
Montrose city, Colorado: commercial real estate data.
Montrose city is a Census city of 21,044 people across 18.89 square miles of land, in Montrose County. Median household income is $70,386, 70.7 percent of occupied homes are owned, and the SBA record carries 59 7(a) approvals to borrowers here worth $43.0 m.
77 sourced place values · tier FULL · 8 sections
Montrose
What Montrose is
- Census place typecity
- Land area18.89 sq mi
- Water area0 sq mi
- Population per square mile of land1,114
- County holding the largest share of its areaMontrose County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montrose
How many people live in Montrose
- Population21,044
- Median age47.0
- Population under 184,069
- Share under 1819.3 percent
- Population 65 and over5,822
- Share 65 and over27.7 percent
- Households9,050
- Family households5,329
- Share of households that are families58.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montrose
Income and work in Montrose
- Median household income$70,386
- Per capita income$39,045
- Civilian labor force9,738
- Employed9,254
- Unemployed484 plus or minus 262
- Unemployment rate5.0 percent plus or minus 2.7
- Adults 25 and over15,455
- Adults 25 and over with a high school diploma or higher92.8 percent
- Adults 25 and over with a bachelor degree or higher33.5 percent
- Adults 25 and over with a graduate degree14.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montrose
Housing in Montrose
- Housing units9,805
- Occupied units9,050
- Vacant units755 plus or minus 266
- Vacancy rate7.7 percent plus or minus 2.7
- Owner occupied6,399
- Renter occupied2,651
- Ownership rate70.7 percent
- Median owner-occupied home value$387,900
- Median gross rent, monthly$1,197
- Annual rent as a share of median income20.4 percent
- Single family units7,264
- Share single family74.1 percent
- Units in buildings of two or more1,632
- Share in buildings of two or more16.6 percent
- Mobile homes897 plus or minus 214
- Median year structure built1994
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montrose
How Montrose gets to work
- Workers 16 and over who commute8,010
- Commuting under 15 minutes5,088
- Share commuting under 15 minutes63.5 percent
- Commuting 30 minutes or more1,711
- Share commuting 30 minutes or more21.4 percent
- Drove alone76.0 percent
- Carpooled7.2 percent plus or minus 2.3
- Public transport0.0 percent
- Walked4.1 percent plus or minus 1.7
- Worked from home11.1 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montrose
SBA 7(a) lending to Montrose borrowers
- Approvals59
- Gross approval$43,041,200
- Average approval$729,512
- Median approval$252,000
- Ninetieth percentile approval$1,981,600
- Largest approval$4,900,000
- Jobs supported887
- Jobs per approval15.0
- Loans with a final outcome11
- Paid in full11
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more30.5 percent
- Share to franchises13.6 percent
- Distinct lenders22
- Distinct industries by NAICS33
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Montrose
SBA 504 lending to Montrose borrowers
- Approvals19
- Gross approval$8,786,000
- Average approval$462,421
- Median approval$291,000
- Largest approval$1,701,000
- Jobs supported180
- Loans with a final outcome8
- Charged off1
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montrose County, not Montrose
Montrose County context, not Montrose figures
These are Montrose County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Montrose measurements.
- Establishments in Montrose County1,501
- Employment at those establishments, Montrose County14,612
- Covered employment, Montrose County17,014
- Average annual pay, Montrose County$52,650
- Average weekly wage, Montrose County$1,013
- Housing units permitted, Montrose County270
- Of those, single family, Montrose County240
- County product, 2024, Montrose County$2,408,079,000
- County product change over the prior year, Montrose County7.5 percent
- Average income of an arriving household, Montrose County$74,346
Every figure in this section is published for Montrose County as a whole and is not a measurement of Montrose. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Montrose questions, answered from the record.
How many people live in Montrose, Colorado?
21,044, in 9,050 households. Montrose city covers 18.89 square miles of land, which is 1,114 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Montrose in?
Montrose County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Montrose?
$70,386. The median owner-occupied home is valued at $387,900. Median gross rent is $1,197 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Montrose businesses?
59 7(a) approvals totalling $43.0 m, across 22 lenders, median approval $252,000, plus 19 504 approvals worth $8.8 m. These count approvals to borrowers whose address is in Montrose, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Montrose borrowers get paid back?
Of the 11 loans that have reached a final outcome, 11 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Montrose figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montrose County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Montrose.
Is zoning published for Montrose?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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