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2024 Compare Cities Economy:
Montrose, CO vs Farmington, NM

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Highlights
- Household income in Farmington, is 3% more than it is in Montrose and is 23% below the National Average.
- Montrose unemployment rate is 6.3%.
- Farmington unemployment rate is 9.0%.

Economy
 Montrose, COFarmington, NMUnited States
 Unemployment Rate6.3%9.0%6.0%
 Recent Job Growth4.8%2.5%1.6%
 Future Job Growth55.9%19.8%33.5%
 Sales Taxes4.7%8.3%6.2%
 Income Taxes4.6%4.9%4.6%
 Income per Cap.$32,498$26,096$37,638
 Household Income$54,260$56,045$69,021
 Family Median Income$73,185$65,270$85,028
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 Est. Households By Income
 Montrose, COFarmington, NMUnited States
 Income Less Than 15K13.4%10.5%9.4%
 Income between 15K and 20K4.8%4.7%3.8%
 Income between 20K and 30K9.0%9.8%8.1%
 Income between 30K and 40K10.1%10.2%8.0%
 Income between 40K and 50K8.8%10.7%7.6%
 Income between 50K and 60K7.2%7.7%7.2%
 Income between 60K and 75K11.8%11.1%9.6%
 Income between 75K and 100K15.1%10.4%12.8%
 Income between 100K and 150K11.0%14.1%16.3%
 Income between 150K and 200K3.7%6.6%7.8%
 Income greater than 200K5.0%4.1%9.5%
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 Population By Occupation
 Montrose, COFarmington, NMUnited States
 Management, business, finance13.5%11.1%16.4%
 Engineering, computers, science4.3%3.1%6.5%
 Community, social services2.2%1.3%1.8%
 Legal1.2%0.5%1.2%
 Education, library3.6%6.4%6.2%
 Arts, design, media, sports, entertainment2.0%0.5%2.0%
 Healthcare practitioners and technology8.7%6.5%6.2%
 Healthcare support5.0%3.6%3.3%
 Firefighters, law enforcement0.6%3.4%2.1%
 Food preparation, serving5.3%6.9%5.4%
 Building maintenance3.5%2.1%3.6%
 Personal care1.3%3.8%2.6%
 Sales, office, administrative support22.9%25.2%20.9%
 Farming, fishing, forestry0.2%0.3%0.6%
 Construction, extraction, maintenance/repair9.9%14.6%8.1%
 Production, transportation, material moving15.6%10.7%13.1%

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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 Farmington    24 Reviews

The worst place I have ever lived. It is dirty, crime ridden, uneducated and good luck getting good medical care. San Juan anything sucks. Unfriendly, ugly, dusty,  More

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Over 6 years ago

No social life, limited resources, dirty roads with potholes, unclean people, litter, no recreational resources of any value. Employment opportunities don't exist, lack  More

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World class fly fishing (San Juan shuffle!), nearby colorado skiing, and perhaps one of the best climates in the continental US (average western summer with mild winter,  More

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ZIPS IN MONTROSE, COLORADO
81401 81403
ZIPS IN FARMINGTON, NEW MEXICO
87401 87402

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