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Monticello, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,659
Population
$46,343
Median Income
$211,000
Home Value
44.2
Median Age

Demographics

Monticello has a population of 2,659 with a median age of 44.2. Here is the racial and ethnic breakdown of the population:

White
54.1%
Black
43.4%
Other
1.6%
Hispanic
0.9%
Demographic Value
Total Population2,659
Median Age44.2
White54.1%
Black or African American43.4%
Hispanic or Latino0.9%
Other / Two or More Races1.6%
Monticello, Florida — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 54.1%Black: 43.4%Other: 2.5%2,659PopulationWhiteWhite54.1%BlackBlack43.4%OtherOther2.5%

Income & Economy

The median household income in Monticello is $46,343, which is 42.5% below the national median of $80,610. The per capita income is $30,581. The poverty rate is 23.3%.

$46,343
Median Household Income
$30,581
Per Capita Income
23.3%
Poverty Rate

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Education

In Monticello, 87.9% of residents age 25+ have a high school diploma or higher, and 24.3% hold a bachelor's degree or higher (7.7% with a graduate or professional degree).

HS Diploma+
87.9%
Bachelor's+
24.3%
Graduate+
7.7%
Education Level % of Adults (25+)
High School Diploma or Higher87.9%
Bachelor's Degree or Higher24.3%
Graduate or Professional Degree7.7%

Housing

The median home value in Monticello is $211,000, below the national median of $303,400. The median monthly rent is $799. The homeownership rate is 66.3%.

$211,000
Median Home Value
$799/mo
Median Rent
66.3%
Homeownership Rate
Housing Metric Value
Median Home Value$211,000
Median Monthly Rent$799
Homeownership Rate66.3%
Vacancy Rate9.0%

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Frequently Asked Questions

What is the population of Monticello, Florida?
The population of Monticello, Florida is 2,659 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Monticello, Florida?
The median household income in Monticello, Florida is $46,343. This is 42.5% below the national median of $80,610.
What is the median home value in Monticello, Florida?
The median home value in Monticello, Florida is $211,000. The median monthly rent is $799.
What percentage of people in Monticello have a college degree?
In Monticello, Florida, 24.3% of adults age 25 and older hold a bachelor's degree or higher, and 87.9% have a high school diploma or higher.
Is Monticello, Florida an affordable place to live?
The home price-to-income ratio in Monticello, Florida is 4.6x (median home value $211,000 vs. median income $46,343), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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