Montrose, Colorado Unemployment

Montrose, Colorado has a population of 20,596, with a median household income of $62,000.

Current unemployment data for Montrose.

5.80%

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Population

20,596

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Median Income

$62,000

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Unemployment

5.80%

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Housing Price

$420,000

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Crime Rate

30.00

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Internet Speed

160.00 Mbps

Montrose is a small local community located in Colorado. The city has a population that is above the average city population in Colorado, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Colorado, Montrose provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Montrose has a population of 20,596, which is higher than the state average. This indicates a relatively larger urban presence within Colorado.

Income and Economy

The median household income in Montrose is $62,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Montrose is about $420,000, making it relatively affordable compared to many cities in Colorado.

Employment and Safety

The unemployment rate in Montrose is 5.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Montrose are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Colorado, Montrose shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Colorado, Montrose contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Montrose

What is the population of Montrose?

The population of Montrose is approximately 20,596.

Is Montrose a good place to live?

Montrose offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Montrose?

The median household income in Montrose is around $62,000.

How expensive is housing in Montrose?

The average housing price in Montrose is approximately $420,000.