Montrose, MN Employment - Median Household Income, Unemployment Rate

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B+

6%

Income/capita NAT. AVG.

31%

Household income NAT. AVG.

15%

Unemployment NAT. AVG.

Index	Montrose	Minnesota	National
Income per capita	$28,027	$33,225	$29,829
Median household income	$72,375	$63,217	$55,322
Median income owner occupied	$77,273	$77,618	$70,586
Median income renter occupied	$43,500	$34,348	$35,192
Median earnings male	$44,060	$40,933	$36,919
Median earnings female	$36,003	$29,114	$26,250
Unemployment rate	4.0%	3.4%	4.7%
Poverty level	11.0%	10.8%	15.1%

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Key findings

The income per capita in Montrose is 6% lower than the national average
The median household income in Montrose is 31% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Montrose is 15% lower than the national average
The poverty level in Montrose is 27% lower than the national average

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am i middle class

$48,245 $72,375 $144,750

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Montrose median earnings by income bracket

Montrose employment by industry

Labour Type	Male	Female
Construction industry	16.8%	16.8%
Manufacturing sector	24.1%	24.1%
Financial & insurance services	5.1%	5.1%
Wholesale & retail services	16.4%	16.4%
Public administration	4.6%	4.6%
Transportation, warehousing & utilities	11.1%	11.1%
Education, health & social services	7.0%	7.0%
Other	13.9%	13.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Independence, MN	3,778	$180,357	226.0%
Victoria, MN	9,787	$166,477	200.9%
Minnetrista, MN	7,989	$144,188	160.6%
Greenfield, MN	3,013	$123,817	123.8%
Hanover, MN	3,414	$116,458	110.5%
Montrose, MN	3,505	$72,375	30.8%

Cities with similar population

City	Population	Household Income	National Avg.
Etowah, TN	3,505	$36,236	34.5%
Red Bud, IL	3,504	$57,000	3.0%
Lyons, KS	3,504	$49,448	10.6%
Valley Green, PA	3,504	$71,726	29.7%
Lavon, TX	3,504	$95,286	72.2%
Montrose, MN	3,505	$72,375	30.8%

Source: The Montrose, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).