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Real Estate Prices & Overview

Montrose median real estate price is $707,698, which is more expensive than 96.5% of the neighborhoods in Alabama and 78.4% of the neighborhoods in the U.S.

The average rental price in Montrose is currently $2,243, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.1% of the neighborhoods in Alabama.

Montrose is a suburban neighborhood (based on population density) located in Daphne, Alabama. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Montrose real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Montrose neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Montrose has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Montrose neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Montrose is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

If you are planning to retire in Alabama, this neighborhood should be on your must-see list. For many reasons, Montrose may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Alabama, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.9% of neighborhoods in AL. If a Alabama retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Montrose neighborhood in Daphne are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.2% of U.S. neighborhoods. With 18.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Montrose neighborhood, 39.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 31.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 14.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Montrose neighborhood is English, spoken by 96.1% of households. Some people also speak Italian (2.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Montrose neighborhood in Daphne, AL, residents most commonly identify their ethnicity or ancestry as English (12.2%). There are also a number of people of German ancestry (8.9%), and residents who report Irish roots (7.8%), and some of the residents are also of Asian ancestry (3.1%), along with some Scots-Irish ancestry residents (2.3%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Montrose neighborhood spend under 15 minutes commuting one-way to work (37.8% of working residents), one of the shortest commutes across America.

Here most residents (84.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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