Monticello, KY
Full City Profile · Kentucky · Wayne County County
Monticello, KY
At a Glance
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)
Is Monticello a Good Place to Live?
Economy & Jobs
Monticello residents earn a median household income of $37,733 , which is 50% below the national average of $75,149. Per capita income is $21,289. The unemployment rate stands at 4.1% (14% above the U.S. rate of 3.6%). 26.6% of residents live below the poverty line. The area is home to 455 business establishments, including 21 restaurants.
Housing & Cost of Living
The median home value in Monticello is $125,800 , 55% below the national median of $281,900. Zillow estimates the typical home at $161,590. Median rent is $679/month, with 28.6% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1977.
Safety & Crime
Monticello reports 88 violent crimes per 100,000 residents , which is 77% below the national average of 380/100K. Property crime is 806/100K.
Education
11.7% of adults in Monticello hold a bachelor's degree or higher (65% below the national average). 82.0% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
Monticello has an average annual temperature of 56°F (14°C). Winters average 36°F in January while summers reach 76°F in July. Annual precipitation totals 52.5 inches.