Monticello, KY

Census Place

2024 Population

5,753

US Senator

Mitch McConnell

Republican Party

US Senator

Rand Paul

Republican Party

2024 Median Age

40.6

0.995% 1-year increase

2024 Poverty Rate

30.4%

13% 1-year decrease

2024 Median Household Income

$44,952

19.1% 1-year growth

2024 Median Property Value

$132,400

5.25% 1-year growth

Population & Diversity

Monticello, KY is home to a population of 5.75k people, from which 98.6% are citizens.

As of 2024, 2.36% of Monticello, KY residents were born outside of the country (136 people).

In 2024, there were 14.8 times more White (Non-Hispanic) residents (4.73k people) in Monticello, KY than any other race or ethnicity. There were 320 Other (Hispanic) and 232 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.6%

2024 Citizenship

97.1%

2023 Citizenship

As of 2024, 98.6% of Monticello, KY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Monticello, KY was 97.1%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Monticello, KY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Monticello, KY

White (Non-Hispanic)
4.73k ± 162
Other (Hispanic)
320 ± 181
Two Races Including Other (Hispanic)
232 ± 184

12.1%

Hispanic Population

696 people

12.1% of the people in Monticello, KY are hispanic (696 people).

The following chart shows the 8 races represented in Monticello, KY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.

Most Common Origin

Mexico
34,417 ± 4,537 people
Cuba
21,613 ± 3,601 people
India
11,987 ± 2,684 people

In 2024, the most common birthplace for the foreign-born residents of Kentucky was Mexico, the natal country of 34,417 Kentucky residents, followed by Cuba with 21,613 and India with 11,987.

Foreign-Born Population

2.36%

2024 Foreign-Born Population

136 people

4.37%

2023 Foreign-Born Population

251 people

As of 2024, 2.36% of Monticello, KY residents (136 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Monticello, KY was 4.37%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Monticello, KY compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
38 ± 43
Gulf War (1990s)
34 ± 30
Vietnam
31 ± 43

Monticello, KY has a large population of military personnel who served in Gulf War (2001-), 1.12 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Monticello, KY.

Economy

The economy of Monticello, KY employs 2.71k people. In 2024, the largest industries in Monticello, KY were Health Care & Social Assistance (497 people), Manufacturing (415 people), and Administrative & Support & Waste Management Services (333 people), and the highest paying industries were Public Administration ($65,350), Finance & Insurance ($63,958), and Finance & Insurance, & Real Estate & Rental & Leasing ($57,426).

Employment

Occupations

2.71k

2024 Value

± 450

5.48%

1 Year growth

± 22.8%

From 2023 to 2024, employment in Monticello, KY grew at a rate of 5.48%, from 2.57k employees to 2.71k employees.

The most common job groups, by number of people living in Monticello, KY, are Office & Administrative Support Occupations (779 people), Production Occupations (450 people), and Education Instruction, & Library Occupations (230 people). This chart illustrates the share breakdown of the primary jobs held by residents of Monticello, KY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Kentucky.

This chart shows weekly unemployment insurance claims in Kentucky (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

2.71k

2024 Value

± 450

5.48%

1 Year growth

± 22.8%

From 2023 to 2024, employment in Monticello, KY grew at a rate of 5.48%, from 2.57k employees to 2.71k employees.

The most common employment sectors for those who live in Monticello, KY, are Health Care & Social Assistance (497 people), Manufacturing (415 people), and Administrative & Support & Waste Management Services (333 people). This chart shows the share breakdown of the primary industries for residents of Monticello, KY, though some of these residents may live in Monticello, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$39,282

Median earning men ± $12,613

$27,569

Median earning women ± $4,784

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($73,862), Public Administration ($66,325), and Educational Services, & Health Care & Social Assistance ($55,054).

The industries with the best median earnings for women in 2024 are Public Administration ($45,469), Educational Services, & Health Care & Social Assistance ($40,225), and Finance & Insurance, & Real Estate & Rental & Leasing ($32,347).

Housing & Living

The median property value in Monticello, KY was $132,400 in 2024, which is 0.398 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $125,800 to $132,400, a 5.25% increase. The homeownership rate in Monticello, KY is 53.8%, which is lower than the national average of 65.2%.

People in Monticello, KY have an average commute time of 22.8 minutes, and they drove alone to work. Car ownership in Monticello, KY is lower than the national average, with an average of 1 car per household.

Housing

Property

$132,400

Median Property Value 2024

±$14,463

$1,284

Median Property Taxes

±$252

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Monticello, KY the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Monticello, KY compared to it's parent and neighbor geographies.

Rent vs Own

53.8%

Homeownership

2024

60.2%

Homeowners with Mortgage

2024

In 2024, 53.8% of the housing units in Monticello, KY were occupied by their owner. This percentage declined from the previous year's rate of 54.5%.

This chart shows the percentage of owner in Monticello, KY compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$44,952

Median Household Income

± $11,358

2.39k

Number of Households

± 387

In 2024, the median household income of the 2.39k households in Monticello, KY grew to $44,952 from the previous year's value of $37,733.

The following chart displays the households in Monticello, KY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the < $10k range.

Wage Distribution

The closest comparable wage GINI for Monticello, KY is from Kentucky.

0.446

2024 Wage GINI in Kentucky

0.449

2023 Wage GINI in Kentucky

In 2024, the income inequality in Kentucky was 0.446 according to the GINI calculation of the wage distribution. Income inequality had a 0.585% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Kentucky in comparison to the national average.

This chart shows the number of workers in Kentucky across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (57.4%)
Worked At Home (20.2%)
Carpooled (17.6%)

In 2024, 57.4% of workers in Monticello, KY drove alone to work, followed by those who worked at home (20.2%) and those who carpooled to work (17.6%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

22.8 minutes

Average Travel Time

Using averages, employees in Monticello, KY have a shorter commute time (22.8 minutes) than the normal US worker (26.4 minutes). Additionally, 7.11% of the workforce in Monticello, KY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Monticello, KY compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Monticello, KY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Monticello, KY have 1 car.

Poverty

Poverty & Diversity

30.4% of the population for whom poverty status is determined in Monticello, KY (1.68k out of 5.52k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males 25 - 34 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Monticello, KY is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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