Median Household Income
$68,596 ± $13,761
Median Home Value
$141,000 ± $10,078
Median Gross Rent
$851 ± $37/mo
Per Capita Income
$30,459
Poverty Rate
19.6%
Unemployment Rate
2.3%
Homeownership Rate
65.2%
Bachelor's Degree or Higher
19.0%
Median Age
41.9
Average Commute
15 min
Households
2,274
Veterans
435
Population Over Time
Montevideo grew 0.6% from 2014 to 2024.
2014
5,283
2016
5,207
2018
5,139
2020
5,071
2022
5,350
2024
5,315
Population by Race & Ethnicity
White
80.0%
Hispanic or Latino
13.8%
Black or African American
0.9%
Asian
2.4%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.