The population has fluctuated, reaching a high of 2,160 in 2016 before declining to 1,934 in 2022. These population changes have not significantly altered the racial makeup of the community.

Montrose appears to be an exception to the national trend of increasing diversity in many communities. The stability of its racial composition over the past decade contrasts with many other American communities that have experienced increasing diversity due to migration patterns and changing demographics.

The economic fluctuations seen in Montrose may reflect broader economic trends, such as the recovery from the 2008 financial crisis followed by the economic challenges posed by the COVID-19 pandemic.

Based on observed trends, it is likely that Montrose will continue to be categorized as a "Low Diversity" community in the near future. The stability of the racial composition over the past decade, despite economic fluctuations and population changes, suggests a deeply entrenched demographic pattern.

If the slight increases in Hispanic, Asian, and multiracial populations continue or accelerate, a very gradual transition towards a "Transitional Community" category might occur. This would be characterized by small but steady increases in minority populations over time.

Economically, if the downward trend in median income continues, it could potentially lead to demographic changes if it prompts outmigration of current residents or attracts new residents seeking more affordable housing. This could potentially increase diversity over time, but based on current trends, any such change would likely be gradual and take place over many years.

In conclusion, while Montrose has experienced economic volatility over the past decade, its racial demographics have remained stable. Barring significant external factors or policy changes, this pattern of low diversity is likely to persist in the near future, with the possibility of very gradual diversification over a longer time horizon.