Monticello, MN demographics:
population, income, and more

Total population
14,858
1.7% year-over-year change
Median household income
$79,534/yr
-2.5% year-over-year change
Housing units
5,766
3.6% year-over-year change

Monticello population

How many people live in Monticello

Monticello is home to 14,858 residents, according to the most recent Census data. Gender-wise, 49.3% of Monticello locals are male, and 50.7% are female.

Total population
14,858
1.7% year-over-year change
Gender ratio
Male
49.3%
7,324
Female
50.7%
7,534
Value Percent YoY change
Male 7,324 49.3% 2.7%
Female 7,534 50.7% 0.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Monticello is 34, with the population distributed as follows: about 21% are children under 15, then 16.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 28.9% of the population, while another 23.2% fall into the 45 to 64 bracket. Finally, around 10.8% are 65 or older.

Median age
34.1
Age breakdown
Under 15
21%
15 to 24
16.1%
25 to 44
28.9%
45 to 64
23.2%
Over 65
10.8%
Value Percent YoY change
Under 15 3,118 21% -1.9%
15 to 24 2,394 16.1% 2.8%
25 to 44 4,298 28.9% -2.8%
45 to 64 3,446 23.2% 6.1%
Over 65 1,602 10.8% 11.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Monticello, 90.8% of the population are US-born citizens, while 5.4% have gained naturalized citizenship. At the same time, 3.8% of residents are non-citizens. As for race, 85.3% of locals are Caucasian, 1% are African American and 3.4% have Asian roots. There’s also a share of 4.7% that includes residents with two or more races.

Citizenship
U.S.-born citizens
90.8%
Non-U.S.-born citizens
5.4%
Non-citizens
3.8%
Value Percent YoY change
U.S.-born citizens 13,490 90.8% 0.4%
Non-U.S.-born citizens 804 5.4% 25.8%
Non-citizens 564 3.8% 5.0%
Racial breakdown
White
85.3%
Black or African American
1%
American Indian and Alaska Native
0%
Asian
3.4%
Native Hawaiian and other Pacific Islander
0%
Two or more races
4.7%
Other
5.6%
Value Percent
White 12,678 85.3%
Black or African American 148 1%
Asian 504 3.4%
Two or more races 694 4.7%
Other 834 5.6%

Households in Monticello

A peek inside Monticello households

Monticello has 5,695 households, with an average of 3 members in each. Of these, 64% are families, while the remaining 36% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
5,695
4.0% year-over-year change
Average people per household
3
Non-family households
2,052
Family households
3,643
Value Percent YoY change
Non-family households 2,052 36% -4.7%
Family households 3,643 64% 9.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Monticello

The housing landscape of Monticello

Monticello's housing consists of 5,766 units, with 52.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 13.9% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 8.8% of the housing landscape.

Housing units
5,766
3.6% year-over-year change
Housing types
Value Percent
1 unit, detached 3,020 52.4%
1 unit, attached 801 13.9%
2 units 50 0.9%
3 or 4 units 181 3.1%
5 to 9 units 212 3.7%
10 to 19 units 331 5.7%
20 to 49 units 327 5.7%
50 or more units 339 5.9%
Mobile home 505 8.8%
Homes built since 2020
257
38.2% year-over-year change

The age of buildings in Monticello

In Monticello, the median construction year is 1999. Most development happened in the second half of the 20th century. Then, 34.4% of homes were added from 2000 to 2009, 8.2% between 2010 and 2019, and 4.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 274 4.8% 28.6%
Built between 1950 and 1959 146 2.5% 19.7%
Built between 1960 and 1969 98 1.7% 2.1%
Built between 1970 and 1979 569 9.9% -2.6%
Built between 1980 and 1989 686 11.9% -4.3%
Built between 1990 and 1999 1,283 22.2% -7.6%
Built between 2000 and 2009 1,983 34.4% 12.6%
Built between 2010 and 2019 470 8.2% -1.7%
Built in 2020 or later 257 4.5% 38.2%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Monticello occupancy rates

Out of the 5,695 occupied housing units in Monticello, 64.7% are owner-occupied, while 35.3% are lived in by tenants. Meanwhile, 1.2% of all homes on the local market sit vacant.

Occupied housing units
5,695
4.0% year-over-year change
Occupancy breakdown
Renter occupied
2,012
Owner occupied
3,683
Value Percent YoY
change
Renter occupied 2,012 35.3% 4.8%
Owner occupied 3,683 64.7% 3.5%
Unoccupied housing units
1.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Monticello housing costs

Housing costs in Monticello come to a median of $1,474 per month, while tenants specifically pay a median gross rent of $1,405.

Median housing costs per month
$1,474/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Monticello
$1,405/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Monticello

Monticello education at a glance

About 40.1% of the population in Monticello went to high school, while 24.5% pursued college studies. Another 13.4% earned an associate degree and 15% hold a bachelor’s. Meanwhile, 6.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 94 0.9% -47.5%
High school diploma 4,384 40.1% 0.8%
College diploma 2,680 24.5% 2.4%
Associate degree 1,470 13.4% 15.8%
Bachelor's degree 1,635 15% 0.5%
Graduate degree 677 6.2% -2.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Monticello

How much people earn in Monticello

The average annual household income in Monticello was $97,956 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +8.4% change from the previous year. At the same time, the median income stood at $79,534, reflecting a -2.5% shift over the same period.

Average household income in Monticello
$97,956/year
8.3% year-over-year change
Median household income in Monticello
$79,534/year
-2.5% year-over-year change

Monticello income by age

In Monticello, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $91,304. Those with someone between 45 and 64 in charge, often well established professionally, earn $92,717 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $66,806, while those led by someone over 65, many of whom may be retired, have about $46,750 in earnings. Overall, 93.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $66,806 -0.3%
25 - 44 $91,304 -4.2%
45 - 64 $92,717 2.3%
Over 65 $46,750 20.5%
Above poverty level
13,548
Below poverty level
994
Value Percent YoY
change
Above poverty level 13,548 93.2% 3.9%
Below poverty level 994 6.8% -22.3%

Average renter income in Monticello

To get a better sense of what renters earn on average in Monticello, their median household income was $54,943 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 30.7%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$54,943
Rent-to-income ratio
30.7%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Monticello

Workforce and job types in Monticello

The job market in Monticello is powered by 8,287 working residents, spread across a range of industries and roles. 66.9% of the working population are employed in professional or administrative positions, while 33.1% are in hands-on or service-based jobs. Also, 9.1% run their own businesses, 71.2% are employed by private companies, and 10% work in the public sector.

Workforce demographics

Working population
8,287
-0.1% year-over-year change
White collar
5,546
Blue collar
2,741
Value Percent YoY change
White collar 5,546 66.9% 1.0%
Blue collar 2,741 33.1% -2.4%
Employer type
Self employees
9.1%
Private companies
71.2%
Governmental workers
10%
Not for profit companies
9.6%
Value Percent YoY change
Self employees 757 9.1% 67.8%
Private companies 5,900 71.2% -4.8%
Governmental workers 832 10% -9.1%
Not for profit companies 798 9.6% 8.4%
Unemployment rate
2.9%
32.3% year-over-year change

Available workforce

The unemployment rate in Monticello stands at 2.9%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Monticello

How people get around in Monticello

In Monticello, the average commute time is 26 minutes. Commuting methods vary: 83.4% of residents travel by personal vehicle and 1.9% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
26 min
-8.7% year-over-year change
Means of transportation
Value Percent YoY change
Car 6,667 83.4% -4.5%
Bus or trolleybus 4 0% -66.7%
Bicycle 16 0.2% 14.3%
Walk 154 1.9% 23.2%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Monticello by zipcode?

Zipcode Population Number of households Median income Average income
55362 20,663 7,742 $91,832 $117,394
55376 20,106 7,196 $131,266 $153,396

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FAQs about Monticello demographics 

What is the total population of Monticello?

Monticello has a total population of 14,858 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +1.7% compared to a year ago.

What is the gender ratio in Monticello?

The gender ratio in Monticello is as follows:
  • 49.3% males (7,324 residents)
  • 50.7% females (7,534 residents)

What is the median age in Monticello?

The median age in Monticello is 34.1.

What is the age distribution of the population in Monticello?

The age distribution in Monticello is as follows:
  • Under 15: 21% (3,118 residents)
  • Ages 15-24: 16.1% (2,394 residents)
  • Ages 25-44: 28.9% (4,298 residents)
  • Ages 45-64: 23.2% (3,446 residents)
  • Over 65: 10.8% (1,602 residents)

What is the racial and ethnic makeup of Monticello?

The racial and ethnic makeup of Monticello is as follows:
  • White: 85.3% (12,678 residents)
  • Black or African American: 1% (148 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 3.4% (504 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 4.7% (694 residents)
  • Other: 5.6% (834 residents)

What percentage of the population in Monticello are U.S.-born citizens?

U.S.-born citizens represent 90.8% of the population in Monticello.

How many housing units are there in Monticello?

There are 5,766 housing units in Monticello, reflecting a +3.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Monticello and what is the average household size?

Monticello has a total of 5,695 households, with an average of 3 people in each.

What is the median household income in Monticello?

Monticello has a median household income of $79,534, representing a -2.5% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Monticello?

The employment rate is 97.1% in Monticello, with a workforce of 8,287 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 66.9% (5,546 residents)
  • Blue-collar workers: 33.1% (2,741 residents)

Places of employment:
  • Self-employed: 9.1% (757 residents)
  • Private companies: 71.2% (5,900 residents)
  • Governmental workers: 10% (832 residents)
  • Not-for-profit companies: 9.6% (798 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025