Lake Monticello, VA

Full City Profile · Virginia · Fluvanna County County

5.0 /5.0
A+ Excellent
10,820 Population 1,223/sq mi density
$101,363 Median Income $50,987 per capita
$288,300 Home Value $367,007 Zillow
$2,167 Median Rent 23.4% income on rent
56°F Avg Temperature
A+
Overall
5.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$101,363 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$288,300 home value, $2,167/mo rent
A+
Education
5.0 / 5.0
49.8% bachelor's degree or higher

Lake Monticello, VA

At a Glance

Median Income
$101,363
35% above
$50,987 per capita
Home Value
$288,300
2% above
Zillow: $367,007
Median Rent
$2,167/mo
86% above
23.4% of income on rent
Bachelor's Degree+
49.8%
48% above
99.0% high school+
Unemployment
2.1%
42% below
3.3% poverty rate
Obesity Rate
36.3%
13% above
10.1% smoking rate
Avg Temperature
56°F

How Lake Monticello Compares to the U.S. Average

Each bar shows Lake Monticello's value as a percentage of the national average (100% = U.S. avg)

Income
135%
Home Value
102%
Rent
186%
Poverty
27%
Bachelor's
148%
Unemployment
58%
Thin vertical line = U.S. national average (100%)

Is Lake Monticello a Good Place to Live?

A+
5.0 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Monticello residents earn a median household income of $101,363 , which is 35% above the national average of $75,149. Per capita income is $50,987. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 3.3% of residents live below the poverty line. The area is home to 668 business establishments, including 21 restaurants.

Housing & Cost of Living

The median home value in Lake Monticello is $288,300 , 2% above the national median of $281,900. Zillow estimates the typical home at $367,007. Median rent is $2,167/month, with 23.4% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1995.

Education

49.8% of adults in Lake Monticello hold a bachelor's degree or higher (48% above the national average). 99.0% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Lake Monticello has an average annual temperature of 56°F (13°C). Winters average 36°F in January while summers reach 76°F in July. Annual precipitation totals 48.2 inches.

Data Overview

People

Population10,820
Median Age40.7 yrs
Density1,223/mi²
Male / Female45% / 55%
Foreign Born2.4%
Veterans10.9%

Economy

A+
Median Income$101,363
Per Capita$50,987
Unemployment2.1%
Poverty3.3%
County GDP$1,259M
Avg Weekly Wage$1,100

Housing

A+
Home Value$288,300
Rent$2,167
Ownership96.6%
Zillow$367,007
Housing Units4,551
Rent Burden23.4%

Health

Obesity36.3%
Diabetes8.6%
Smoking10.1%
Heart Disease4.6%
Premature Death6,850/100K

Climate

Avg Temp56°F
Rain48.2 in/yr
Elevation360 ft

Education

A+
Bachelor's+49.8%
High School+99.0%
Graduate+22.3%
School Score5.7/10

Community

2024 VoteR 53% / D 46%
Commute30 min
Broadband96.5%
Internet Speed80 Mbps
EV Stations1
Libraries1

Did You Know?

The median home in Lake Monticello was built in 1995.
18.0% work from home.
The nearest airport is Shenandoah Valley Regional (39 miles).
The Gini coefficient (income inequality) is 0.484 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
12.1% of the population has a disability.