Montrose is located in east South Dakota. Montrose is between the Mccook, Lake, Minnehaha county. Montrose has 0.41 square miles of land area and has no water area. As of 2010-2014, the total Montrose population is 530, which has grown 15.22% since 2000. The population growth rate is higher than the state average rate of 10.58% and is higher than the national average rate of 11.61%. Montrose median household income is $57,500 in 2010-2014 and has grown by 84.00% since 2000. The income growth rate is much higher than the state average rate of 42.67% and is much higher than the national average rate of 27.36%. Montrose median house value is $88,800 in 2010-2014 and has grown by 37.25% since 2000. The house value growth rate is much lower than the state average rate of 70.48% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Montrose is much better than the state average in quality. The Montrose area code is 605.