2025 Compare Cities Economy:
Montrose, CO vs Elk River, MN

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Highlights
- Household income in Elk River, is 55% more than it is in Montrose and is 18% above the National Average.
- Montrose unemployment rate is 6.3%.
- Elk River unemployment rate is 4.9%.
 Montrose, COElk River, MNUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth55.9%  Unlock33.5%
 Sales Taxes4.7%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$32,498  Unlock$37,638
 Household Income  Unlock$83,875$69,021
 Family Median Income$73,185  Unlock$85,028
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 Est. Households By Income
 Montrose, COElk River, MNUnited States
 Income Less Than 15K  Unlock3.5%9.4%
 Income between 15K and 20K4.8%  Unlock3.8%
 Income between 20K and 30K  Unlock4.1%8.1%
 Income between 30K and 40K10.1%  Unlock8.0%
 Income between 40K and 50K  Unlock5.5%7.6%
 Income between 50K and 60K7.2%  Unlock7.2%
 Income between 60K and 75K  Unlock11.4%9.6%
 Income between 75K and 100K15.1%  Unlock12.8%
 Income between 100K and 150K  Unlock23.4%16.3%
 Income between 150K and 200K3.7%  Unlock7.8%
 Income greater than 200K  Unlock6.7%9.5%
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 Population By Occupation
 Montrose, COElk River, MNUnited States
 Management, business, finance13.5%  Unlock16.4%
 Engineering, computers, science  Unlock9.0%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library3.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.9%2.0%
 Healthcare practitioners and technology8.7%  Unlock6.2%
 Healthcare support  Unlock4.0%3.3%
 Firefighters, law enforcement0.6%  Unlock2.1%
 Food preparation, serving  Unlock4.4%5.4%
 Building maintenance3.5%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support22.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair9.9%  Unlock8.1%
 Production, transportation, material moving  Unlock20.3%13.1%
Reviews for Montrose    23 Reviews

I've lived in the area for 4 yrs. First 2 in Ridgway. The positive is the City is growing which is bringing interesting development & tax revenue. The Montrose  More

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I was born in Montrose about 50 years ago and despite moving to Telluride, Denver, Ann Arbor, San Francisco and Chicago, I can’t find another place that makes me feel  More

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Okay so here’s the end all be all. If I could give this town a zero I would I came to visit my girlfriend from Denver and I considered moving out here despite being a  More

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Reviews for Elk River    3 Reviews

The Northstar commuter rail line and the commuter rail station in Elk River (to be completed later in 2009) that will connect Elk River to Minneapolis, and a recent  More

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Over 18 years ago

good place to live and close to the  More

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Over 19 years ago

Small town but growing, nice place to live. Will be getting mass-transit soon, to  More

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