Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

145 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $898

Average Rent as Percentage of Gross Income

Median rent for 2018: $580

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $10,855
--Home Prepared Food $6,117
--Restaurant/Takeaway Food $4,738
Alcoholic Beverages $797
Housing $27,514
--Rent/Mortgage/Upkeep/Taxes $16,088
--Utilities $5,546
--Operations $2,089
--Supplies $1,023
--Furnishings $2,778
Apparel $2,552
--Men & Boys $571
--Women & Girls $1,034
--Children < 2 $11
--Footwear $538
Transportation $13,364
--New Vehicles $2,498
--Used Vehicles $2,854
--Fuel $2,886
--Insurance $1,335
--Public Transit $1,120
Healthcare $6,806
Entertainment $4,415
--Pets $905
--Toys $215
Personal Care Products $1,055
Books & Literature $151
Education $1,928
Tobacco Products $474
Miscellaneous $1,357
Retirement $2,584
Non-health Insurance $9,993
Total Expenditures $83,844

Selected Population Data

Period Geography Population
2014 Montevideo city, Minnesota 5,283
2015 Montevideo city, Minnesota 5,240
2016 Montevideo city, Minnesota 5,207
2017 Montevideo city, Minnesota 5,165
2018 Montevideo city, Minnesota 5,139