Montrose, CO · standard

ZIP Code 81403

Montrose County, Colorado - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

10,534
7/sq mi
$80,893
Median income
$515,300
Median home value
35.0%
Bachelor's or higher

National ZIP placement

Montrose pairs an above-median household income with upper-quartile home values, in a rural, homeowner-dominated area.

Top 37%
household income, US ZIPs
Top 12%
home value, US ZIPs
7
people per sq mi
83%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 81403 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 81403 (Montrose, CO) fell -1.5% from 2023 to 2024. The all-transactions index moved from 298.6 in 2023 to 294.0 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 81403 is a mid-sized community (a standard USPS delivery area) in Montrose, Montrose County, Colorado, home to 10,534 residents across 1423.5 square miles, a density of 7 people per square mile, in the Denver time zone.

ZIP 81403 lands in the middle-income range, with a median household income of $80,893 (9% below the average Colorado ZIP), while per-capita income is $41,675. The poverty rate is 10.5%, with unemployment at 4.3%; those measures add context to the income figure. Median home value is $515,300 (6% above the average Colorado ZIP) and median rent is $1,369; 82.8% of occupied homes are owner-occupied.

A solid share of residents have a four-year degree: 35.0% of adults hold a bachelor's degree or higher, the median age is 50.6, and the average commute is 21 minutes. No nearby ZIP peer set is available for this delivery area, so the Colorado and national benchmarks above are the appropriate context for 81403.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

View your shortlist → Compare ZIPs →

Top industries in ZIP 81403

Top 5 sectors by establishment count in Montrose, CO

Which industries have the most business establishments in ZIP 81403.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 81403, Montrose, CO · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

10,534

Population

1423.5

Area (sq mi)

7

People / sq mi

Denver

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 81403?

50.6

Median Age

48.8%

Male

51.2%

Female

6.7%

Foreign-Born

White 73.9%
African American 0.6%
Asian 0.2%
American Indian or Alaska Native 1.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 18.8%
Hispanic or Latino 23.4%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$80,893

Median Household Income

-9% vs state ZIP avg

$41,675

Per Capita Income

10.5%

Poverty Rate

4.3%

Unemployment Rate

21.0 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 64.4%
Bachelor's Degree or Higher 35.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

5,460

Total Housing Units

5,088

Occupied Units

372

Vacant Units

2.38

Avg Household Size

Occupancy Type

Owner 82.8%
Renter 17.2%

$515,300

Median Home Value

+6% vs state ZIP avg

$1,369

Median Rent

1997

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

-1.5%

YoY Change (2024)

294

HPI Index (2000 = 100)

+194%

Total Change Since 2000

Home values in ZIP 81403 have decreased 1.5% over the past year (2024). Since 2000, this ZIP has seen +194% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.5% 195
2021 +11.3% 217
2022 +21.4% 263
2023 +13.3% 299
2024 -1.5% 294

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 230 business establishments in ZIP 81403, employing approximately 968 people with a combined annual payroll of $56,988,000.

230

Businesses

968

Employees

$57.0M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Construction 88 38.3%
Professional, scientific, and technical services 31 13.5%
Administrative and support and waste management and remediation services 17 7.4%
Real estate and rental and leasing 16 7.0%
Other services (except public administration) 16 7.0%
Retail trade 11 4.8%
Transportation and warehousing 10 4.3%
Health care and social assistance 10 4.3%
Wholesale trade 8 3.5%
Accommodation and food services 6 2.6%
Agriculture, forestry, fishing and hunting 4 1.7%
Manufacturing 4 1.7%
Arts, entertainment, and recreation 4 1.7%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 81403, both outside CO so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (10,534 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Montrose County

Frequently Asked Questions

What county is ZIP code 81403 in?
ZIP code 81403 (Montrose) is located in Montrose County, Colorado. Montrose County contains multiple ZIP codes, see the full list at /counties/montrose-co.
What is the population of ZIP code 81403?
ZIP code 81403 in Montrose, CO has a population of 10,534 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 81403?
The median household income in ZIP 81403 is $80,893, which is 6% above the national average of $76,288.
What is the average home value in ZIP 81403?
The median home value in ZIP 81403 is $515,300, which is 85% above the national average of $278,155.
What is the demographic makeup of ZIP 81403?
The largest racial group in ZIP 81403 is White at 73.9%. Hispanic or Latino residents make up 23.4% of the population.
How many businesses are in ZIP code 81403?
ZIP code 81403 has 230 business establishments employing approximately 968 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 81403?
The top industries by establishment count in ZIP 81403 are: Construction (88), Professional, scientific, and technical services (31), Administrative and support and waste management and remediation services (17). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 81403?
According to the FHFA House Price Index, home values in ZIP 81403 decreased by 1.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 194%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 81403?
In ZIP code 81403, 64.4% of residents aged 25+ have a high school diploma or higher, and 35.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 81403?
The mean commute time for workers in ZIP code 81403 is 21.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 81403?
In ZIP code 81403, approximately 82.8% of occupied housing units are owner-occupied and 17.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 81403?
The poverty rate in ZIP code 81403 is 10.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.