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Real Estate Prices & Overview

Median real estate price in the City Center of Montrose is $117,153, which is less expensive than 86.3% of Michigan neighborhoods and 93.1% of all U.S. neighborhoods.

The average rental price in Montrose City Center is currently $1,172, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.3% of Michigan neighborhoods.

Montrose City Center is a suburban neighborhood (based on population density) located in Montrose, Michigan.

Real estate in the City Center of Montrose, MI is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Montrose City Center are 5.3%, which is lower than one will find in 64.3% of American neighborhoods. Demand for real estate in Montrose City Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Montrose, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Divorcees may find friendship and understanding in this neighborhood, as 20.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 95.8% of the neighborhoods in America.

Diversity

Did you know that the Montrose City Center neighborhood has more Belgian and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Belgian ancestry and 3.1% have French Canadian ancestry.

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 City Center neighborhood in Montrose are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.8% of U.S. neighborhoods. With 39.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.7% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Montrose City Center neighborhood, 39.7% of the working population is employed in manufacturing and laborer 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 24.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.1%), and 17.8% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Montrose City Center neighborhood is English, spoken by 97.5% of households. Other important languages spoken here include Italian, Polish and Spanish.

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 City Center neighborhood in Montrose, MI, residents most commonly identify their ethnicity or ancestry as German (18.6%). There are also a number of people of English ancestry (11.6%), and residents who report Irish roots (11.1%), and some of the residents are also of Polish ancestry (6.0%), along with some Mexican ancestry residents (5.7%), 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 City Center neighborhood spend under 15 minutes commuting one-way to work (35.9% of working residents), one of the shortest commutes across America.

Here most residents (83.1%) drive alone in a private automobile to get to work. 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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