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Monticello, KY

Full City Profile · Kentucky · Wayne County County

2.6 /5.0
C+ Fair
5,741 Population 943/sq mi density
$37,733 Median Income $21,289 per capita
$125,800 Home Value $157,933 Zillow
$679 Median Rent 28.6% income on rent
56°F Avg Temperature 299 sunny days/yr
150 Violent Crime/100K 1,995 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$37,733 median income, 2.3% unemployment
A+
Affordability
4.8 / 5.0
$125,800 home value, $679/mo rent
F
Safety
1.0 / 5.0
150 violent crimes/100K
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher

Income Overview

Median Household Income
$37,733
50% below
US avg: $75,149
Per Capita Income
$21,289
45% below
US avg: $39,052
Unemployment Rate
2.3%
36% below
US avg: 3.6%
Poverty Rate
26.6%
115% above
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
$37,733
50%
Per Capita
US: $39,052
$21,289
55%
IRS Avg AGI
US: $72,000
$45,380
63%
Avg Weekly Wage
US: $1,432
$756
53%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$756
47% below US avg ($1,432)
Mean Commute Time
21 min
23% below US avg (28 min)
Work From Home
20.3%
34% above US avg (15.2%)
Drive Alone
61.0%
17% below US avg (73.2%)
Public Transit
0.7%
85% below US avg (5.0%)
County GDP
$560M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 61%
Public Transit 0.7%
Work From Home 20.3%
Other 18%
Average commute time
21 minutes
US avg: 28 min

Business Landscape

Total Establishments
455
Restaurants
21
Healthcare
33
Retail
71
Manufacturing
21

Tax & Financial

IRS Avg Adjusted Gross Income
$45,380
37% below US avg ($72,000)
Avg Property Tax
$1,992
43% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$37,733
Per Capita Income$21,289
IRS Avg Adjusted Gross Income$45,380
Avg Weekly Wage$756
County GDP$560M

Hardship Indicators

Unemployment Rate2.3%
Poverty Rate26.6%
Gini Coefficient0.517
Cost of Living Index90.2

Commute

Mean Commute21 minutes
Drive Alone61.0%
Public Transit0.7%
Work From Home20.3%

Businesses

Total Establishments455
Restaurants21
Healthcare33
Retail71
Manufacturing21

Tax

IRS Avg AGI$45,380
Avg Property Tax$1,992