Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Montrose is a moderately-sized city located in the state of Colorado. The city has a population of 19,970 inhabitants. If we look at the most recent Census, Montrose is known to have a predominantly White population. The next two most common races are Asian and American Indian and Alaskan. If you're not a fan of traffic congestion and long commute times to work, Montrose is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 15 minutes, significantly lower than the national average of 26 minutes.
Living in Montrose can be a good experience for anyone relocating to the area. Having said that, in the state of Colorado, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Montrose and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, commute, health & safety, education, employment and other important metrics.
Montrose, CO receives 70 out of 100 for its livability score; this results in a ranking of #95 in Colorado and #7,266 in the USA. Based on the scores for each individual category, Montrose has received high marks for crime (B), cost of living (A-) and housing (A+).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Montrose market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Montrose is actually affordable. The median home price for Montrose homes is $423,095, which is 11.5% lower than the Colorado average. If we take a closer look at the affordability of homes in Montrose, we’ll see that the home price to income ratio is 5.4, which is 5.9% higher than the Colorado average.
| Statistic | Montrose | Colorado | National |
| Average one way commute | 15min | 25min | 26min |
| Workers who drive to work | 78.0% | 75.2% | 76.4% |
| Workers who carpool | 6.9% | 9.3% | 9.3% |
| Workers who take public transit | 0.8% | 3.1% | 5.1% |
| Workers who bicycle | 0.9% | 1.3% | 0.6% |
| Workers who walk | 4.0% | 3.0% | 2.8% |
| Working from home | 8.0% | 7.0% | 4.6% |
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