Neighborhood Profile

Montrose

Rockville, MD | Montgomery County
Scored premium profile
Best Neighborhoods USA Index
54.5
National rank: #5,946 of 14,967
Stability and Strength
63.9
Score
Value Opportunity
57.0
Score
Momentum
35.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRockville, MD
CountyMontgomery County
National rank#5,946 of 14,967
State rank#72 of 273
City rank#10 of 14
County rank#12 of 21
National percentile60.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$817,219
Year-over-year home value change-0.2%
Month-over-month home value change-0.24%
Home value to income ratio6.96
Median household income$117,467
Bachelor's degree or higher82.0%
Civilian unemployment rate2.1%
Homeownership rate33.9%
Housing vacancy rate13.6%
Rent burden 30% or higher54.8%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Montrose

What is the Best Neighborhoods USA ranking for Montrose?

Montrose is ranked #10 of 14 eligible neighborhoods in Rockville; #72 of 273 eligible neighborhoods in MD; and #5,946 of 14,967 eligible neighborhoods in the United States.

Is Montrose one of the best neighborhoods in Rockville?

Montrose has a Best Neighborhoods USA Index of 54.5 and a city ranking of #10 of 14 eligible neighborhoods in Rockville.

How much are homes worth in Montrose?

The current Zillow Home Value Index for Montrose is approximately $817,219.

Are home values rising or falling in Montrose?

Zillow neighborhood values changed -0.2% year over year and -0.24% month over month.

What is the Neighborhood Momentum Score for Montrose?

Montrose has a Neighborhood Momentum Score of 35.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Montrose?

The NDS-derived neighborhood median household income is approximately $117,467.

How affordable is Montrose relative to household income?

The current Zillow home-value-to-household-income ratio is 6.96. Price-to-income affordability is a major Value Opportunity input.

Is Montrose primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 33.9%.

What is the unemployment rate in Montrose?

The NDS-derived civilian unemployment rate is approximately 2.1%.

How educated are residents of Montrose?

Approximately 82.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Montrose face high rent burden?

Approximately 54.8% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Montrose?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications10
Estimated originations5
Home-purchase applications5
Origination rate51.7%
Home-purchase share48.4%
Average application loan$462,769
Total application loan amount$4,635,872
National application rank#12,497 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 106.1% YoY; originations 99.4% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.