Montrose County · Colorado · West · 21k residents
Montrose, CO: economy, jobs & business costs
The site-selection read on Montrose: labor costs, talent, corporate tax, energy, and business activity, with the Colorado median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,068/wk. Colorado's corporate income tax rate is 4.4%. Commercial electricity averages 11.7¢/kWh.
Compare Montrose side by side
Avg. weekly wage
$1,068/wk
Corporate income tax
4.4%
Bachelor's degree or higher
33.5%
Commercial electricity
11.7¢/kWh
Economic momentum
How fast Montrose's economy is moving, ranked against the US cities we track.
79/100
Heating
Ranks Montrose's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $387,900 |
| Price per sq. ft. | $300 |
| Property tax rate | 0.5% |
| 1-bedroom rent | $427/mo |
| 2-bedroom rent | $1,155/mo |
| State & local income tax | 2.89% |
| Sales tax | 7.8% |
| Corporate income tax | 4.4% |
| Avg. weekly wage | $1,068/wk |
| Bachelor's degree or higher | 33.5% |
| Commercial electricity | 11.7¢/kWh |
| Businesses per 1k residents | 38.8/1k |
| Wage: Software developer | $138,390 |
| Wage: Registered nurse | $100,260 |
| Wage: General manager | $131,840 |
| Wage: Customer service | $47,540 |
| Wage: Warehouse worker | $42,350 |
| Wage: Heavy truck driver | $61,500 |
| Wage: Electrician | $62,230 |
| Wage: Retail salesperson | $37,950 |
| Cost of living index | 99 |
| Groceries index | 100 |
| Utilities | $160/mo |
| Transit pass | $88/mo |
| Gas price | $3.20/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,400/mo |
| Median household income | $70,386 |
| Unemployment rate | 3.7% |
| Population | 21k |
| Crime index | 52/100 |
| School rating | 6.5/10 |
| Walkability | 30/100 |
| Disaster risk | 49/100 |
| Avg. commute | 26 min |
| Sunny days / year | 245 days |
| July high | 90°F |
| January low | 18°F |
| Annual snowfall | 22 in |
| Home price YoY | +2.1% |
| Home price MoM | -0.1% |
| Rent YoY | +10.8% |
| Rent MoM | +1.7% |
| Employment (jobs) YoY | +2.8% |
| Building permits YoY | +6.5% |
| Ocean coast | 645 mi |
| Big lake | 223 mi |
| Mountains | 33 mi |
| Major airport | 173 mi |
| Ski resort | 36 mi |
Popular comparisons
Nearby
- Clifton, CO · 20k
- Grand Junction, CO · 68k
- Durango, CO · 19k
- Cañon City, CO · 17k
- Colorado Springs, CO · 488k
Similar size
- Louisville, CO · 21k
- Golden, CO · 20k
- Cimarron Hills, CO · 20k
- Evans, CO · 22k
- Four Square Mile, CO · 23k
Real listings in Montrose
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Montrose a good place to run a business?
- Colorado's corporate income tax rate is 4.4%; average weekly wages in the surrounding labor market run $1,068/wk; commercial electricity averages 11.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Montrose, CO?
- Montrose indexes at 99 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,155/mo and a acs median home value of $387,900.
- How much does a house cost in Montrose?
- The acs median home value in Montrose is $387,900 (Census ACS estimate; individual listings vary).
- How much is rent in Montrose?
- A two-bedroom in Montrose rents for about $1,155/mo.