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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

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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.

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 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

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

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

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. 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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