Montrose

Population: 8,624
Median household income: $45,063
Median home value: $170,000

Located in Henrico County, Virginia, Montrose is a community with a population of 8,624. At $45,063, its median household income sits below Henrico County's $86,397.

Between 2019 and 2023, Montrose's population grew 14.4% from 7,541 to 8,624, while its median home value rose 46.6% from $116,000 to $170,000.

18.6% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 38.8% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 8,624
Median age: 39.5 yrs
Median household income: $45,063
Median home value: $170,000
Median gross rent: $1,260
Housing units: 3,892
Homeownership rate: 38.8%
Bachelor's degree or higher: 18.6%
Unemployment rate: 4.3%

Trends

ACS 5-year · 2019–2023

Population

7,5418,624

Median household income

$36,379$45,063

Median home value

$116,000$170,000

Median gross rent

$1,024$1,260

Year	Population	Median household income	Median home value	Median gross rent
2019	7,541	$36,379	$116,000	$1,024
2020	7,639	$38,295	$119,600	$1,032
2021	7,612	$38,111	$134,000	$1,081
2022	8,363	$39,023	$166,500	$1,153
2023	8,624	$45,063	$170,000	$1,260

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.5%

5 to 1716.1%

18 to 249.9%

25 to 3410.4%

35 to 4417.7%

45 to 5412.0%

55 to 6411.0%

65 to 749.0%

75 and over8.3%

	Count	Share
Under 5	473	5.5%
5 to 17	1,387	16.1%
18 to 24	852	9.9%
25 to 34	897	10.4%
35 to 44	1,529	17.7%
45 to 54	1,035	12.0%
55 to 64	952	11.0%
65 to 74	780	9.0%
75 and over	719	8.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,830	21.2%
Black or African American	6,008	69.7%
American Indian & Alaska Native	9	0.1%
Asian	146	1.7%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	12	0.1%
Two or more races	331	3.8%
Hispanic or Latino (any race)	288	3.3%

Educational attainment (age 25+)

No high school diploma16.2%

High school graduate35.0%

Some college or associate's30.2%

Bachelor's degree16.3%

Graduate or professional degree2.3%

	Count	Share
No high school diploma	957	16.2%
High school graduate	2,071	35.0%
Some college or associate's	1,784	30.2%
Bachelor's degree	964	16.3%
Graduate or professional degree	136	2.3%

Commute to work

Mean travel time to work: 19 min

Drove alone84.6%

Carpooled5.1%

Public transit0.6%

Walked1.9%

Bicycle0.0%

Worked from home5.3%

Other means2.5%

How workers get to work

	Count	Share
Drove alone	3,504	84.6%
Carpooled	213	5.1%
Public transit	25	0.6%
Walked	80	1.9%
Bicycle	0	0.0%
Worked from home	218	5.3%
Other means	104	2.5%

Travel time

	Count	Share
Under 15 min	1,370	34.9%
15 to 29 min	1,747	44.5%
30 to 44 min	649	16.5%
45 to 59 min	98	2.5%
60+ min	62	1.6%

Households

Average household size: 2.33
Poverty rate: 25.5% (2,196 of 8,624)

	Count	Share
Family households	2,095	56.6%
Nonfamily households	1,605	43.4%

Housing

Median year structure built: 1974

Occupancy

	Count	Share
Occupied	3,700	95.1%
Vacant	192	4.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,435	38.8%
Renter-occupied	2,265	61.2%

1-unit, detached59.0%

1-unit, attached0.6%

2 to 4 units10.4%

5 to 19 units23.3%

20 or more units6.4%

Mobile home & other0.3%

Units in structure

	Count	Share
1-unit, detached	2,297	59.0%
1-unit, attached	22	0.6%
2 to 4 units	405	10.4%
5 to 19 units	908	23.3%
20 or more units	248	6.4%
Mobile home & other	12	0.3%

Geography

Place GEOID: 5152904
Type (LSAD): 57
Land area: 3.22 sq mi
Water area: 0.08 sq mi
Center point: 37.5213, -77.3749