The median household income in Montrose, MI in 2022 was $40,616, which was 64.9% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $36,667 in 2000 this represents an increase of 9.7%. The per capita income in 2022 was $21,744, which means an increase of 21.6% compared to 2000 when it was $17,056.
Whole page based on the data from 2000 / 2022 when the population of Montrose, Michigan was 1,619 / 1,942
Income statistics for all residents
Median household income in Montrose, MI in 2022:
Montrose:
$40,616
State:
$66,986
Change in median household income between 2000 and 2022:
Montrose, Michigan:
+10.8%
State:
+50.0%
Number of households with income < $10k:
Montrose:
8.8% (75)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Montrose:
8.9% (76)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Montrose:
10.6% (90)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Montrose:
17.1% (146)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Montrose:
14.3% (122)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Montrose:
7.9% (67)
Michigan:
7.5% (305,914)
Number of households with income $60k - 75k:
Montrose:
13.4% (114)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Montrose:
8.6% (73)
Michigan:
13.2% (538,299)
Number of households with income $100k - 125k:
Montrose:
4.2% (36)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Montrose:
4.6% (39)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Montrose:
1.4% (12)
State:
7.5% (305,077)
Number of households with income > $200k:
Montrose:
0.4% (3)
State:
8.1% (330,644)
Aggregate household income in Montrose in 2022: $41,711,760
Median family income in Montrose in 2022:
Montrose:
$49,030
State:
$85,865
Number of families with income < $10k:
Montrose:
2.9% (15)
State:
3.5% (89,010)
Number of families with income $10k - 20k:
Montrose:
5.5% (28)
Michigan:
3.9% (100,567)
Number of families with income $20k - 30k:
Montrose:
12.4% (63)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Montrose:
20.0% (101)
State:
6.4% (163,565)
Number of families with income $40k - 50k:
Montrose:
7.7% (39)
State:
6.8% (172,384)
Number of families with income $50k - 60k:
Montrose:
10.3% (52)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Montrose:
12.9% (65)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Montrose:
12.4% (62)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Montrose:
6.3% (32)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Montrose:
8.0% (41)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Montrose:
1.1% (5)
Michigan:
10.2% (259,462)
Number of families with income > $200k:
Montrose:
0.6% (3)
State:
11.3% (287,206)
Median non-family income in Montrose in 2022:
Montrose:
$33,419
State:
$40,459
Change in median non-family income between 2000 and 2022:
Montrose, Michigan:
+70.2%
State:
+54.5%
Median per capita income in Montrose in 2022:
Montrose:
$21,745
State:
$38,151
Change in median per capita income between 2000 and 2022:
Montrose, Michigan:
+27.5%
State:
+72.1%
Income statistics for White residents
Median household income in Montrose, MI in 2022:
Montrose:
$44,168
State:
$71,609
Change in median household income between 2000 and 2022:
Montrose, Michigan:
+22.3%
Michigan:
+52.9%
Number of households with income < $10k:
Montrose:
10.9% (83)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Montrose:
7.4% (56)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Montrose:
11.6% (88)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Montrose:
19.7% (149)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Montrose:
7.8% (59)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Montrose:
8.0% (61)
Michigan:
7.4% (233,723)
Number of households with income $60k - 75k:
Montrose:
14.4% (109)
Michigan:
10.4% (328,664)
Number of households with income $75k - 100k:
Montrose:
8.3% (63)
Michigan:
13.6% (431,867)
Number of households with income $100k - 125k:
Montrose:
4.6% (35)
Michigan:
10.3% (325,164)
Number of households with income $125k - 150k:
Montrose:
5.3% (40)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Montrose:
1.5% (11)
Michigan:
8.1% (255,445)
Number of households with income > $200k:
Montrose:
0.5% (4)
State:
8.7% (276,727)
Aggregate household income in Montrose in 2022: $37,483,039
Median family income in Montrose in 2022:
Montrose:
$47,956
Michigan:
$90,317
Number of families with income < $10k:
Montrose:
3.1% (15)
Michigan:
2.5% (49,508)
Number of families with income $10k - 20k:
Montrose:
4.1% (19)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Montrose:
14.8% (71)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Montrose:
19.5% (93)
State:
5.9% (117,356)
Number of families with income $40k - 50k:
Montrose:
8.3% (40)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Montrose:
10.4% (50)
State:
6.8% (135,883)
Number of families with income $60k - 75k:
Montrose:
12.6% (60)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Montrose:
10.7% (51)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Montrose:
6.4% (31)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Montrose:
8.3% (40)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Montrose:
1.1% (5)
State:
11.0% (218,573)
Number of families with income > $200k:
Montrose:
0.7% (3)
State:
12.0% (239,713)
Median non-family income in Montrose in 2022:
Montrose:
$24,154
State:
$42,438
Change in median non-family income between 2000 and 2022:
Montrose, Michigan:
+25.4%
Michigan:
+56.8%
Median per capita income in Montrose in 2022:
Montrose:
$22,992
State:
$41,514
Change in median per capita income between 2000 and 2022:
Montrose, Michigan:
+34.0%
Michigan:
+75.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Montrose:
0.0% (0)
State:
12.7% (66,307)
Number of households with income $10k - 20k:
Montrose:
100.0% (17)
Michigan:
14.2% (73,877)
Number of households with income $20k - 30k:
Montrose:
0.0% (0)
Michigan:
10.2% (52,930)
Number of households with income $30k - 40k:
Montrose:
0.0% (0)
State:
10.3% (53,542)
Number of households with income $40k - 50k:
Montrose:
0.0% (0)
State:
9.1% (47,110)
Number of households with income $50k - 60k:
Montrose:
0.0% (0)
State:
8.1% (41,969)
Number of households with income $60k - 75k:
Montrose:
0.0% (0)
State:
9.0% (46,784)
Number of households with income $75k - 100k:
Montrose:
0.0% (0)
State:
9.7% (50,718)
Number of households with income $100k - 125k:
Montrose:
0.0% (0)
State:
6.7% (34,802)
Number of households with income $125k - 150k:
Montrose:
0.0% (0)
State:
4.1% (21,083)
Number of households with income $150k - 200k:
Montrose:
0.0% (0)
State:
3.4% (17,885)
Number of households with income > $200k:
Montrose:
0.0% (0)
Michigan:
2.6% (13,430)
Aggregate household income in Montrose in 2022: $296,522
Median per capita income in Montrose in 2022:
Montrose:
$5,298
Michigan:
$25,207
Change in median per capita income between 2000 and 2022:: -63.2%
Montrose, Michigan:
-63.2%
Michigan:
+60.4%
Income statistics for Hispanic or Latino residents
Median household income in Montrose, MI in 2022:
Montrose:
$48,250
State:
$62,497
Change in median household income between 2000 and 2022:: -13.3%
Montrose, Michigan:
-13.3%
State:
+62.4%
Aggregate household income in Montrose in 2022: $898,783
Median family income in Montrose in 2022:
Montrose:
$48,843
State:
$69,994
Number of families with income $30k - 40k:
Montrose:
20.1% (3)
State:
7.5% (8,261)
Number of families with income $40k - 50k:
Montrose:
28.3% (4)
Michigan:
8.3% (9,117)
Number of families with income $60k - 75k:
Montrose:
51.7% (7)
State:
10.8% (11,865)
Median per capita income in Montrose in 2022:
Montrose:
$7,247
State:
$25,462
Change in median per capita income between 2000 and 2022:: -51.3%
Montrose, Michigan:
-51.3%
State:
+83.3%
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Montrose in 2022: $269,897
Median per capita income in Montrose in 2022:
Montrose:
$45,084
State:
$27,661
Change in median per capita income between 2000 and 2022:
Montrose, Michigan:
+65.3%
Michigan:
+75.7%
Income statistics for Multirace residents
Median household income in Montrose, MI in 2022:
Montrose:
$49,024
State:
$63,251
Change in median household income between 2000 and 2022:
Montrose, Michigan:
+106.4%
State:
+82.6%
Number of households with income < $10k:
Montrose:
0.0% (0)
Michigan:
6.1% (12,463)
Number of households with income $10k - 20k:
Montrose:
0.0% (0)
State:
8.7% (17,830)
Number of households with income $20k - 30k:
Montrose:
0.0% (0)
State:
7.6% (15,686)
Number of households with income $30k - 40k:
Montrose:
0.0% (0)
Michigan:
9.5% (19,444)
Number of households with income $40k - 50k:
Montrose:
70.0% (63)
State:
7.5% (15,476)
Number of households with income $50k - 60k:
Montrose:
4.4% (4)
State:
8.1% (16,622)
Number of households with income $60k - 75k:
Montrose:
6.7% (6)
State:
10.6% (21,725)
Number of households with income $75k - 100k:
Montrose:
18.9% (17)
State:
14.4% (29,501)
Number of households with income $100k - 125k:
Montrose:
0.0% (0)
State:
8.9% (18,231)
Number of households with income $125k - 150k:
Montrose:
0.0% (0)
State:
5.8% (11,923)
Number of households with income $150k - 200k:
Montrose:
0.0% (0)
State:
6.8% (13,956)
Number of households with income > $200k:
Montrose:
0.0% (0)
State:
6.2% (12,672)
Aggregate household income in Montrose in 2022: $6,242,133
Median family income in Montrose in 2022:
Montrose:
$93,110
State:
$75,671
Number of families with income $50k - 60k:
Montrose:
37.4% (9)
Michigan:
8.0% (10,690)
Number of families with income $60k - 75k:
Montrose:
29.7% (7)
State:
10.1% (13,478)
Number of families with income $75k - 100k:
Montrose:
33.0% (8)
Michigan:
15.5% (20,677)
Median per capita income in Montrose in 2022:
Montrose:
$29,415
State:
$26,098
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-63.2%
+60.4%
