HomeMinnesotaWright CountyMontrose
Montrose, Minnesota: commercial real estate data.
Montrose is a Census city of 3,888 people across 3.08 square miles of land, in Wright County. Median household income is $102,625, 78.2 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $1.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Montrose
What Montrose is
- Census place typecity
- Land area3.08 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,263
- County holding the largest share of its areaWright 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
- Population3,888
- Median age32.4
- Population under 181,211
- Share under 1831.1 percent
- Population 65 and over270 plus or minus 99
- Share 65 and over6.9 percent plus or minus 2.6
- Households1,351
- Family households930
- Share of households that are families68.8 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$102,625
- Per capita income$37,805
- Civilian labor force2,100
- Employed1,996
- Unemployed104 plus or minus 79
- Unemployment rate5.0 percent plus or minus 3.7
- Adults 25 and over2,396
- Adults 25 and over with a high school diploma or higher90.6 percent
- Adults 25 and over with a bachelor degree or higher35.4 percent plus or minus 8.4
- Adults 25 and over with a graduate degree6.0 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montrose
Housing in Montrose
- Housing units1,451
- Occupied units1,351
- Vacant units100 plus or minus 89
- Vacancy rate6.9 percent plus or minus 6.1
- Owner occupied1,057
- Renter occupied294 plus or minus 115
- Ownership rate78.2 percent
- Median owner-occupied home value$275,700
- Median gross rent, monthly$1,474 plus or minus $400
- Annual rent as a share of median income17.2 percent plus or minus 5.3
- Single family units1,234
- Share single family85.0 percent
- Units in buildings of two or more172 plus or minus 98
- Share in buildings of two or more11.9 percent plus or minus 6.6
- Mobile homes45 plus or minus 26
- Median year structure built2002
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 commute1,782
- Commuting under 15 minutes330 plus or minus 135
- Share commuting under 15 minutes18.5 percent plus or minus 7.3
- Commuting 30 minutes or more1,103 plus or minus 233
- Share commuting 30 minutes or more61.9 percent
- Drove alone83.4 percent
- Carpooled6.2 percent plus or minus 3.5
- Public transport0.9 percent plus or minus 1.4
- Walked0.3 percent plus or minus 0.5
- Worked from home8.6 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Montrose
SBA loans in Montrose (7(a))
- Approvals7
- Gross approval$1,184,000
- Average approval$169,143
- Median approval$100,000
- Largest approval$705,000
- Jobs supported36
- Jobs per approval5.1
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises14.3 percent
- Distinct lenders5
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Montrose, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Montrose
SBA loans in Montrose (504)
- Approvals3
- Gross approval$781,000
- Average approval$260,333
- Median approval$208,000
- Largest approval$377,000
- Jobs supported22
- Loans with a final outcome1
- Charged off1
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Montrose, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montrose
Flood risk in Montrose
- NFIP communityCity of Montrose
- NFIP community number275257
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date06/20/24
The City of Montrose does not participate in the National Flood Insurance Program as community 275257 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Wright County, not Montrose
Wright County context, not Montrose figures
- Establishments in Wright County3,680
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Housing units permitted, Wright County1,264
Every figure in this section is published for Wright County as a whole and is not a measurement of Montrose.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Montrose questions, answered from the record.
How many people live in Montrose, Minnesota?
3,888, in 1,351 households. Montrose city covers 3.08 square miles of land, which is 1,263 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?
Wright 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?
$102,625. The median owner-occupied home is valued at $275,700. Median gross rent is $1,474 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?
7 7(a) approvals totaling $1.2 m since FY2020, across 5 lenders, median approval $100,000, plus 3 504 approvals worth $781,000 since FY2010. 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?
No rate is published for Montrose. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Montrose in the National Flood Insurance Program?
No, it is listed but not participating. Montrose appears in the FEMA Community Status Book as Montrose, city of, community 275257, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Montrose figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wright 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?
No. Nothing on this page presents parcel level zoning.