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Monticello, IL

Full City Profile · Illinois · Piatt County County

3.7 /5.0
B+ Good
6,332 Population 1,571/sq mi density
$88,611 Median Income $42,725 per capita
$196,000 Home Value $266,645 Zillow
$1,030 Median Rent 33.6% income on rent
51°F Avg Temperature 275 sunny days/yr
215 Violent Crime/100K 484 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,611 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$196,000 home value, $1,030/mo rent
F
Safety
1.0 / 5.0
215 violent crimes/100K
A
Education
4.1 / 5.0
38.4% bachelor's degree or higher

Income Overview

Median Household Income
$88,611
18% above
US avg: $75,149
Per Capita Income
$42,725
9% above
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
4.9%
60% below
US avg: 12.4%

Income Comparison: Monticello vs. U.S. Average

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

Median Household
US: $75,149
$88,611
118%
Per Capita
US: $39,052
$42,725
109%
IRS Avg AGI
US: $72,000
$88,631
123%
Avg Weekly Wage
US: $1,432
$903
63%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$903
37% below US avg ($1,432)
Mean Commute Time
23 min
17% below US avg (28 min)
Work From Home
7.2%
53% below US avg (15.2%)
Drive Alone
90.7%
24% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$719M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 90.7%
Public Transit 0%
Work From Home 7.2%
Other 2.1%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
382
Restaurants
28
Healthcare
23
Retail
39
Manufacturing
17

Tax & Financial

IRS Avg Adjusted Gross Income
$88,631
23% above US avg ($72,000)
Avg Property Tax
$7,384
111% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$88,611
Per Capita Income$42,725
IRS Avg Adjusted Gross Income$88,631
Avg Weekly Wage$903
County GDP$719M

Hardship Indicators

Unemployment Rate1.4%
Poverty Rate4.9%
Gini Coefficient0.417
Cost of Living Index100.0

Commute

Mean Commute23 minutes
Drive Alone90.7%
Public Transit0.0%
Work From Home7.2%

Businesses

Total Establishments382
Restaurants28
Healthcare23
Retail39
Manufacturing17

Tax

IRS Avg AGI$88,631
Avg Property Tax$7,384