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Montrose County School District RE-1J

Learn about the people, housing, costs and businesses in Montrose County School District RE-1J, Colorado

Median Home$302,800
Median Rent$1,248/month
Population297,492
Leading IndustryManufacturing1% of local workforce
Home Value Growth⬆⬆+13.9% over 2 years
Retirees21% of residentsnear the national average
Homeowners73% of occupied units
Montrose County School District RE-1J
CO

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Frequently Asked Questions

What are today's mortgage rates in Montrose County School District RE-1J?

As of today, the 30-year fixed mortgage rate for Montrose County School District RE-1J is approximately 6.929% (6.966% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Montrose County School District RE-1J?

The median home value in Montrose County School District RE-1J is $303k. The median monthly rent is $1,248. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montrose County School District RE-1J?

Home values in Montrose County School District RE-1J have increased 13.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Montrose County School District RE-1J?

Based on a typical all-in ownership cost of $1,231/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Montrose County School District RE-1J is $81k/year.

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What industries drive the economy in Montrose County School District RE-1J?

The largest employment sectors in Montrose County School District RE-1J are public administration (23%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.