Life in Monticello research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Monticello over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Monticello:
The population in Monticello is 14,607.
The median home value in Monticello is $325,643.
The median income in Monticello is $81,563.
The cost of living in Monticello is 107 which is 1.1x higher than the national average.
The median rent in Monticello is $1,462.
The unemployment rate in Monticello is 2.2%.
The poverty rate in Monticello is 8.8%.
The average high in Monticello is 54.3° and the average low is 34.1°.
Cost of living in Monticello summary. We use data on the cost of living to determine how expensive it is to live in Monticello. Real estate prices drive most of the variance in cost of living around Minnesota. Key points include:
The cost of living in Monticello is 107 with 100 being average.
The cost of living in Monticello is 1.1x higher than the national average.
The median home value in Monticello is $325,643.
The median income in Monticello is $81,563.
| Living Expense | Monticello | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 107 | 97 | 100 | |
| Services | 110 | 101 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 125 | 110 | 100 | |
| Housing | 114 | 100 | 100 | |
| Transportation | 98 | 95 | 100 | |
| Utilities | 91 | 94 | 100 | |
The average high in Monticello is 54.3° and the average low is 34.1°.
There are 56.2 days of precipitation each year.
Expect an average of 30.2 inches of precipitation each year with 42.2 inches of snow.
| Stat | Monticello |
|---|---|
| Average Annual High | 54.3 |
| Average Annual Low | 34.1 |
| Annual Precipitation Days | 56.2 |
| Average Annual Precipitation | 30.2 |
| Average Annual Snowfall | 42.2 |
The current population in Monticello is 14,607. The population has increased 19.4% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 14,607 | 1.1% |
| 2022 | 14,447 | 1.5% |
| 2021 | 14,235 | 3.9% |
| 2020 | 13,700 | 0.9% |
| 2019 | 13,583 | 1.1% |
| 2018 | 13,439 | 0.9% |
| 2017 | 13,316 | 0.8% |
| 2016 | 13,214 | 1.1% |
| 2015 | 13,065 | 0.7% |
| 2014 | 12,974 | 1.0% |
| 2013 | 12,841 | 1.0% |
| 2012 | 12,711 | 1.6% |
| 2011 | 12,506 | 2.3% |
| 2010 | 12,230 | - |
84.7% White with 12,370 White residents.
1.4% African American with 206 African American residents.
0.0% American Indian with 0 American Indian residents.
3.4% Asian with 503 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
3.6% Two Or More with 520 Two Or More residents.
6.9% Hispanic with 1,008 Hispanic residents.
| Race | Monticello | MN | USA |
|---|---|---|---|
| White | 84.7% | 76.7% | 58.2% |
| African American | 1.4% | 6.7% | 12.0% |
| American Indian | 0.0% | 0.7% | 0.5% |
| Asian | 3.4% | 5.0% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.0% | 0.4% | 0.5% |
| Two Or More | 3.6% | 4.1% | 3.9% |
| Hispanic | 6.9% | 6.2% | 19.0% |
Monticello is 51.2% female with 7,475 female residents.
Monticello is 48.8% male with 7,131 male residents.
| Gender | Monticello | MN | USA |
|---|---|---|---|
| Female | 51.2% | 49.9% | 50.5% |
| Male | 48.8% | 50.1% | 49.5% |
3.0% of adults in Monticello completed < 9th grade.
10.0% of adults in Monticello completed 9-12th grade.
31.0% of adults in Monticello completed high school / ged.
20.0% of adults in Monticello completed some college.
13.0% of adults in Monticello completed associate's degree.
16.0% of adults in Monticello completed bachelor's degree.
6.0% of adults in Monticello completed master's degree.
0.0% of adults in Monticello completed professional degree.
1.0% of adults in Monticello completed doctorate degree.
| Education | Monticello | MN | USA |
|---|---|---|---|
| < 9th Grade | 3.0% | 2.0% | 5.0% |
| 9-12th Grade | 10.0% | 3.0% | 6.0% |
| High School / GED | 31.0% | 24.0% | 26.0% |
| Some College | 20.0% | 20.0% | 19.0% |
| Associate's Degree | 13.0% | 12.0% | 9.0% |
| Bachelor's Degree | 16.0% | 25.0% | 21.0% |
| Master's Degree | 6.0% | 10.0% | 10.0% |
| Professional Degree | 0.0% | 2.0% | 2.0% |
| Doctorate Degree | 1.0% | 2.0% | 2.0% |
4.7% of households in Monticello earn Less than $10,000.
1.0% of households in Monticello earn $10,000 to $14,999.
5.2% of households in Monticello earn $15,000 to $24,999.
4.4% of households in Monticello earn $25,000 to $34,999.
9.4% of households in Monticello earn $35,000 to $49,999.
19.6% of households in Monticello earn $50,000 to $74,999.
22.0% of households in Monticello earn $75,000 to $99,999.
19.2% of households in Monticello earn $100,000 to $149,999.
10.2% of households in Monticello earn $150,000 to $199,999.
4.3% of households in Monticello earn $200,000 or more.
| Income | Monticello | MN | USA |
|---|---|---|---|
| Less than $10,000 | 4.7% | 3.5% | 4.9% |
| $10,000 to $14,999 | 1.0% | 2.8% | 3.6% |
| $15,000 to $24,999 | 5.2% | 5.4% | 6.6% |
| $25,000 to $34,999 | 4.4% | 5.8% | 6.8% |
| $35,000 to $49,999 | 9.4% | 9.6% | 10.4% |
| $50,000 to $74,999 | 19.6% | 15.7% | 15.7% |
| $75,000 to $99,999 | 22.0% | 13.5% | 12.7% |
| $100,000 to $149,999 | 19.2% | 19.7% | 17.4% |
| $150,000 to $199,999 | 10.2% | 10.9% | 9.3% |
| $200,000 or more | 4.3% | 13.1% | 12.6% |