Montrose is located close to the center of Virginia. Montrose is between the Henrico, Charles City, Richmond City county. Montrose has 3.20 square miles of land area and 0.08 square miles of water area. As of 2010-2014, the total Montrose population is 7,686, which has grown 9.52% since 2000. The population growth rate is much lower than the state average rate of 15.63% and is lower than the national average rate of 11.61%. Montrose median household income is $37,038 in 2010-2014 and has grown by 1.66% since 2000. The income growth rate is much lower than the state average rate of 38.81% and is much lower than the national average rate of 27.36%. Montrose median house value is $121,900 in 2010-2014 and has grown by 75.90% since 2000. The house value growth rate is lower than the state average rate of 94.18% and is much higher 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 better than the state average in quality.