Groundwork

Small-town market profile · Colorado

Montrose, CO area market data

How the Montrose area compares with other small-town markets for 56 business types: competitors, household spending, official counts and growth.

Population, 2025
44,591
+4.1% since 2020
Households
18,069
Median household income
$72,120
Median home value
$388,400
Jobs located here
15,713
Highest market score
91
Funeral homes, #5 of 365 scored small-town markets

A site report maps the competitors on map listings around any address in the Montrose area by name and distance, and the households and spending within reach. Or open the report at the center of the Montrose area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Montrose area has an estimated 44,591 people and 18,069 households. Between 2020 and 2025, the population of the Montrose area grew 4.1%, faster than the U.S. (+3.1%). Median household income in the Montrose area is $72,120, 11% below the U.S. median of $80,734.

Relative to the U.S., household spending in the Montrose area runs highest on vehicle maintenance and repairs (an index of 119, where 100 is the U.S. average) and lowest on clothing, shoes and related services (81).

Of the business types scored in the Montrose area, funeral homes (91), gas stations (87) and gyms (82) have the highest Groundwork market scores. For funeral homes, that ranks #5 of 365 scored small-town markets.

The Montrose area is made up of one county, Montrose County. Against the U.S., map listings per household run highest for electricians (2.2 times the U.S. rate) and lowest for clothing, shoe and laundry businesses (29% below the U.S. rate).

All 56 business types in the Montrose area

Highest Groundwork market score first. Each score compares the Montrose area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Montrose, CO area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Funeral homes91#5 of 36552.8$663K98Under 3
Gas stations87#7 of 5361810.0$3M12414
Gyms82#12 of 506105.5$1.7M1314
Child care and preschools79#22 of 454105.5$1M1027
Pizza78#25 of 520116.1$5.9M11729
Gyms, studios and classes72#40 of 5352714.9$633K964
Tire shops72#69 of 43195.0$2.3M923
Convenience stores72#73 of 529158.3$7M88Under 3
Grocery and convenience stores70#82 of 5383519.4$3M8810
Fast food and sandwich shops70#90 of 5372413.3$2.7M8929
Grocery stores69#75 of 50684.4$13M1409
Property management66#35 of 18052.8Index only1108
Martial arts and dance studios66#78 of 378105.5$1.7M85Under 3
Clothing, shoes and laundry65#139 of 5363016.6$1M1145
Clothing and shoe stores65#143 of 5362111.6$1.4M1135
Yoga, Pilates and fitness studios64#21 of 11273.9$2.4M604
Physical therapy60#129 of 40073.9$3.1M1298
Restaurants and cafes60#171 of 538185102.4$353K9575
Collision repair and body shops59#117 of 38795.0$2.3M745
Sit-down restaurants59#176 of 5389452.0$695K10534
Mortgage brokers and lenders58#66 of 17784.4Index only98Under 3
Hair salons57#192 of 5384122.7$412K969
Veterinarians55#167 of 398105.5$1.6M596
Insurance agencies54#227 of 5372815.5$1.4M10819
Barbershops53#181 of 377126.6$1.4M75Under 3
Pet businesses53#239 of 5272614.4$619K7016
Nail salons52#194 of 387105.5$1.7M1014
Spas and skin care52#230 of 5042011.1$844K96Under 3
Bakeries and dessert shops51#250 of 507179.4$3.8M9312
Pet grooming and boarding49#205 of 387105.5$1.6M6310
Salons, barbers and spas49#292 of 5388345.9$203K9615
Primary care and pediatrics46#267 of 458147.7$1.5M8733
Coffee shops and cafes46#308 of 5292312.7$2.8M7712
Roofing and gutters45#177 of 28873.9$6.8M809
Optometrists and eye care45#249 of 40095.0$2.4M775
Auto repair and car care44#338 of 53810155.9$205K7645
Car washes and detailing42#290 of 441126.6$1.7M6811
Auto repair shops42#359 of 5386536.0$318K7229
House cleaning40#96 of 14252.8$4.4M6916
Real estate40#399 of 5368848.7Index only8045
Real estate agents and brokers39#409 of 5337441.0Index only7632
Landscaping and lawn care38#284 of 399126.6$1.8M6328
Lawn, cleaning and pest control37#365 of 4811810.0$1.2M7344
Doctors, dentists and clinics37#393 of 53815585.8$140K9286
Electricians34#250 of 295105.5$4.8M4026
HVAC and plumbing32#414 of 4762011.1$2.4M5039
Home repair trades32#461 of 5263720.5$1.3M5374
Chiropractors30#385 of 4261810.0$1.2M5013
Dentists and orthodontists28#470 of 5263921.6$556K5727
Pet storesNot scoredNot scored31.7$5.4M119Under 3
Dry cleanersNot scoredNot scored10.6$30.1MToo fewUnder 3
Home inspectorsNot scoredNot scored10.6Index onlyToo fewUnder 3
LaundromatsNot scoredNot scored10.6$30.1MToo fewUnder 3
Oil change and quick lubeNot scoredNot scored10.6$20.7MToo fewUnder 3
Pest controlNot scoredNot scored10.6$22.1MToo fewUnder 3
Urgent care and walk-in clinicsNot scoredNot scored10.6$21.7MToo fewUnder 3

Household spending in the Montrose area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Montrose, CO area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$20.7M$1,144119
Gasoline and other fuels$53.3M$2,950114
Food away from home$65.3M$3,61589
Groceries$104.3M$5,77191
Personal care products and services$16.9M$93593
Child care and other personal services$10.3M$56898
Memberships, classes and admissions$17.1M$94596
Medical and dental services$21.7M$1,20093
Pets$16.1M$89198
Clothing, shoes and related services$30.1M$1,66681
Vehicle insurance$37.9M$2,097107
Home repairs, maintenance and insurance$47.6M$2,63587
Lawn care, cleaning and other household services$22.1M$1,22286
Rent and homeowner costs$305.7M$16,918102

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in the Montrose area

Population, 2025 estimate
44,591+4.1% since 2020
Households
18,069
Median age
46.6
Homes lived in by their owners
75%
Vehicles per household
2.1
Land area
2,241 sq. mi.
People per square mile
20
Median household income
$72,120
Average household income
$89,726
Median home value
$388,400
Jobs located here
15,713
Daytime population
41,442Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Montrose area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

Or open the report at the center of the Montrose area. Signed out, you see a blurred preview; on an account, each report is one action.

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Questions

How fast is the Montrose, CO area growing?

Population estimates put the Montrose area at 44,591 people in 2025, up 4.1% since 2020, faster than the U.S. (+3.1%). It has 18,069 households.

How much do households in the Montrose, CO area spend?

Households in the Montrose area spend about $305.7M a year on rent and homeowner costs, $104.3M on groceries and $65.3M on food away from home. Set against the U.S., households in the Montrose area spend the most on vehicle maintenance and repairs (an index of 119, where 100 is the U.S. average) and the least on clothing, shoes and related services (81).

Which business types have the highest market scores in the Montrose, CO area?

The highest Groundwork market scores in the Montrose area are for funeral homes (91), gas stations (87) and gyms (82). The Montrose area ranks #5 of 365 scored small-town markets for funeral homes.

How does the Montrose, CO area compare with the U.S.?

The median household income in the Montrose area is $72,120 a year, 11% below the U.S. median of $80,734. The population rose 4.1% from 2020 to 2025, against +3.1% for the U.S. The median home value is $388,400, against $332,700 for the U.S. For its number of households, the Montrose area has the most map listings, relative to the U.S., for electricians (2.2 times the U.S. rate) and the fewest for clothing, shoe and laundry businesses (29% below the U.S. rate).

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. 49 of the 56 business types have a score in the Montrose area, each ranked against other small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Montrose area. It maps the competitors on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

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Screening a site or an acquisition in the Montrose area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Montrose area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.