Lake Monticello, VA demographics:
population, income, and more

Total population
10,662
-1.5% year-over-year change
Median household income
$106,818/yr
5.4% year-over-year change
Housing units
4,646
1.3% year-over-year change

Lake Monticello population

How many people live in Lake Monticello

Lake Monticello is home to 10,662 residents, according to the most recent Census data. Gender-wise, 45.2% of Lake Monticello locals are male, and 54.8% are female.

Total population
10,662
-1.5% year-over-year change
Gender ratio
Male
45.2%
4,814
Female
54.8%
5,848
Value Percent YoY change
Male 4,814 45.2% -0.2%
Female 5,848 54.8% -2.5%
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 Lake Monticello is 42, with the population distributed as follows: about 18.4% are children under 15, then 8.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 26% of the population, while another 22.2% fall into the 45 to 64 bracket. Finally, around 24.6% are 65 or older.

Median age
42.1
Age breakdown
Under 15
18.4%
15 to 24
8.8%
25 to 44
26%
45 to 64
22.2%
Over 65
24.6%
Value Percent YoY change
Under 15 1,960 18.4% -3.7%
15 to 24 943 8.8% -8.1%
25 to 44 2,770 26% 3.4%
45 to 64 2,363 22.2% -7.5%
Over 65 2,626 24.6% 4.0%
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 Lake Monticello, 96.9% of the population are US-born citizens, while 3% have gained naturalized citizenship. At the same time, 0.1% of residents are non-citizens. As for race, 78.6% of locals are Caucasian, 6.9% are African American and 0.4% have Asian roots. There’s also a share of 11.8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
96.9%
Non-U.S.-born citizens
3%
Non-citizens
0.1%
Value Percent YoY change
U.S.-born citizens 10,327 96.9% -1.1%
Non-U.S.-born citizens 321 3% -11.6%
Non-citizens 14 0.1% -12.5%
Racial breakdown
White
78.6%
Black or African American
6.9%
American Indian and Alaska Native
0%
Asian
0.4%
Native Hawaiian and other Pacific Islander
0%
Two or more races
11.8%
Other
2.2%
Value Percent
White 8,386 78.6%
Black or African American 738 6.9%
Asian 40 0.4%
Two or more races 1,263 11.8%
Other 235 2.2%

Households in Lake Monticello

A peek inside Lake Monticello households

Lake Monticello has 4,258 households, with an average of 2 members in each. Of these, 76.5% are families, while the remaining 23.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
4,258
0.3% year-over-year change
Average people per household
2
Non-family households
999
Family households
3,259
Value Percent YoY change
Non-family households 999 23.5% 4.4%
Family households 3,259 76.5% -0.8%
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 Lake Monticello

The housing landscape of Lake Monticello

Lake Monticello's housing consists of 4,646 units, with 98.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.6% and offer a more compact, shared living style.

Housing units
4,646
1.3% year-over-year change
Housing types
Value Percent
1 unit, detached 4,574 98.4%
1 unit, attached 72 1.6%
Homes built since 2020
137
71.2% year-over-year change

The age of buildings in Lake Monticello

In Lake Monticello, the median construction year is 1997. Most development happened in the second half of the 20th century. Then, 30.6% of homes were added from 2000 to 2009, 5.6% between 2010 and 2019, and 3% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 45 1% 80.0%
Built between 1950 and 1959 16 0.3% 23.1%
Built between 1960 and 1969 26 0.6% -36.6%
Built between 1970 and 1979 265 5.7% 7.7%
Built between 1980 and 1989 797 17.2% -14.3%
Built between 1990 and 1999 1,676 36.1% -0.4%
Built between 2000 and 2009 1,423 30.6% 2.5%
Built between 2010 and 2019 261 5.6% 57.2%
Built in 2020 or later 137 3% 71.2%
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.

Lake Monticello occupancy rates

Out of the 4,258 occupied housing units in Lake Monticello, 95.9% are owner-occupied, while 4.1% are lived in by tenants. Meanwhile, 8.4% of all homes on the local market sit vacant.

Occupied housing units
4,258
0.3% year-over-year change
Occupancy breakdown
Renter occupied
173
Owner occupied
4,085
Value Percent YoY
change
Renter occupied 173 4.1% 20.1%
Owner occupied 4,085 95.9% -0.4%
Unoccupied housing units
8.4%
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.

Lake Monticello housing costs

Housing costs in Lake Monticello come to a median of $1,550 per month, while tenants specifically pay a median gross rent of $1,981.

Median housing costs per month
$1,550/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 Lake Monticello
$1,981/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 Lake Monticello

Lake Monticello education at a glance

About 17.1% of the population in Lake Monticello went to high school, while 23.2% pursued college studies. Another 8.6% earned an associate degree and 30.4% hold a bachelor’s. Meanwhile, 20.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 27 0.3% 0.0%
High school diploma 1,441 17.1% -2.2%
College diploma 1,952 23.2% -14.1%
Associate degree 723 8.6% -1.9%
Bachelor's degree 2,557 30.4% 16.9%
Graduate degree 1,709 20.3% -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 Lake Monticello

How much people earn in Lake Monticello

The average annual household income in Lake Monticello was $135,042 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +5.4% change from the previous year. At the same time, the median income stood at $106,818, reflecting a +5.4% shift over the same period.

Average household income in Lake Monticello
$135,042/year
5.4% year-over-year change
Median household income in Lake Monticello
$106,818/year
5.4% year-over-year change

Lake Monticello income by age

In Lake Monticello, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $112,335. Those with someone between 45 and 64 in charge, often well established professionally, earn $130,441 overall. Overall, 93.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $112,335 1.2%
45 - 64 $130,441 13.1%
Over 65 $84,889 7.9%
Above poverty level
9,777
Below poverty level
693
Value Percent YoY
change
Above poverty level 9,777 93.4% 2.0%
Below poverty level 693 6.6% -10.9%

Average renter income in Lake Monticello

To get a better sense of what renters earn on average in Lake Monticello, their median household income was $88,269 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 26.9%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$88,269
Rent-to-income ratio
26.9%
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 Lake Monticello

Workforce and job types in Lake Monticello

The job market in Lake Monticello is powered by 5,155 working residents, spread across a range of industries and roles. 86.6% of the working population are employed in professional or administrative positions, while 13.4% are in hands-on or service-based jobs. Also, 11.6% run their own businesses, 57.6% are employed by private companies, and 23.9% work in the public sector.

Workforce demographics

Working population
5,155
-1.2% year-over-year change
White collar
4,462
Blue collar
693
Value Percent YoY change
White collar 4,462 86.6% -0.0%
Blue collar 693 13.4% -8.3%
Employer type
Self employees
11.6%
Private companies
57.6%
Governmental workers
23.9%
Not for profit companies
6.9%
Value Percent YoY change
Self employees 600 11.6% -12.0%
Private companies 2,967 57.6% -8.9%
Governmental workers 1,233 23.9% 22.6%
Not for profit companies 355 6.9% 29.6%
Unemployment rate
3.0%
41.4% year-over-year change

Available workforce

The unemployment rate in Lake Monticello stands at 3%, 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 Lake Monticello

How people get around in Lake Monticello

Commuting methods vary: 73.1% 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.

Means of transportation
Value Percent YoY change
Car 3,717 73.1% -6.8%
Walk 97 1.9% 7.8%
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.

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FAQs about Lake Monticello demographics 

What is the total population of Lake Monticello?

Lake Monticello has a total population of 10,662 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 -1.5% compared to a year ago.

What is the gender ratio in Lake Monticello?

The gender ratio in Lake Monticello is as follows:
  • 45.2% males (4,814 residents)
  • 54.8% females (5,848 residents)

What is the median age in Lake Monticello?

The median age in Lake Monticello is 42.1.

What is the age distribution of the population in Lake Monticello?

The age distribution in Lake Monticello is as follows:
  • Under 15: 18.4% (1,960 residents)
  • Ages 15-24: 8.8% (943 residents)
  • Ages 25-44: 26% (2,770 residents)
  • Ages 45-64: 22.2% (2,363 residents)
  • Over 65: 24.6% (2,626 residents)

What is the racial and ethnic makeup of Lake Monticello?

The racial and ethnic makeup of Lake Monticello is as follows:
  • White: 78.6% (8,386 residents)
  • Black or African American: 6.9% (738 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0.4% (40 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 11.8% (1,263 residents)
  • Other: 2.2% (235 residents)

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

U.S.-born citizens represent 96.9% of the population in Lake Monticello.

How many housing units are there in Lake Monticello?

There are 4,646 housing units in Lake Monticello, reflecting a +1.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Lake Monticello has a total of 4,258 households, with an average of 2 people in each.

What is the median household income in Lake Monticello?

Lake Monticello has a median household income of $106,818, representing a +5.4% shift from the previous year, according to the U.S. Census Bureau.

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

The employment rate is 97% in Lake Monticello, with a workforce of 5,155 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 86.6% (4,462 residents)
  • Blue-collar workers: 13.4% (693 residents)

Places of employment:
  • Self-employed: 11.6% (600 residents)
  • Private companies: 57.6% (2,967 residents)
  • Governmental workers: 23.9% (1,233 residents)
  • Not-for-profit companies: 6.9% (355 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