At a Glance
Median Income
$50,138
$28,381 per capita
Home Value
$122,200
Zillow: $243,583
Median Rent
$860/mo
29.9% of income on rent
Bachelor's Degree+
11.9%
93.3% high school+
Unemployment
8.3%
4.8% poverty rate
Obesity Rate
47.5%
19.2% smoking rate
How Monticello Compares to the U.S. Average
Each bar shows Monticello's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Monticello a Good Place to Live?
B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Monticello residents earn a median household income of $50,138 , which is 33% below the national average of $75,149.
Per capita income is $28,381. The unemployment rate stands at 8.3% (131% above the U.S. rate of 3.6%). 4.8% of residents live below the poverty line. The area is home to 706 business establishments, including 52 restaurants.
Housing & Cost of Living
The median home value in Monticello is $122,200 , 57% below the national median of $281,900.
Zillow estimates the typical home at $243,583. Median rent is $860/month, with 29.9% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1972.
Education
11.9% of adults in Monticello hold a bachelor's degree or higher
(65% below the national average).
93.3% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Monticello has an average annual temperature of 52°F (11°C).
Winters average 27°F in January while summers reach 74°F in July. Annual precipitation totals 39.0 inches.
Data Overview
People
Population5,504
Median Age46.9 yrs
Density1,586/mi²
Male / Female46% / 54%
Foreign Born5.6%
Veterans6.0%
Economy
B
Median Income$50,138
Per Capita$28,381
Unemployment8.3%
Poverty4.8%
County GDP$1,514M
Avg Weekly Wage$935
Housing
A+
Home Value$122,200
Rent$860
Ownership61.4%
Zillow$243,583
Housing Units2,744
Rent Burden29.9%
Health
Obesity47.5%
Diabetes12.8%
Smoking19.2%
Heart Disease6.4%
Premature Death9,851/100K
Climate
Avg Temp52°F
Rain39.0 in/yr
Elevation684 ft
Education
D
Bachelor's+11.9%
High School+93.3%
Graduate+4.5%
School Score6.0/10
Community
2024 VoteR 71% / D 26%
Commute18 min
Broadband82.3%
Internet Speed99 Mbps
EV Stations1
Libraries4
Did You Know?
Monticello was founded in 1834.
The median home in Monticello was built in 1972.
The nearest airport is Porter County Regional (51 miles).
The Gini coefficient (income inequality) is 0.396 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
20.2% of the population has a disability.
The county recorded 9 fatal vehicle crashes.