Montverde, FL

Census Place

2024 Population

2,249

US Senator

Rick Scott

Republican Party

US Senator

Ashley Moody

Republican Party

2024 Median Age

41.5

12.8% 1-year decrease

2024 Poverty Rate

3.56%

54.4% 1-year increase

2024 Median Household Income

$97,031

6.02% 1-year decline

2024 Median Property Value

$523,300

Population & Diversity

Montverde, FL is home to a population of 2.25k people, from which 96.6% are citizens.

As of 2024, 7.38% of Montverde, FL residents were born outside of the country (166 people).

In 2024, there were 11.9 times more White (Non-Hispanic) residents (1.67k people) in Montverde, FL than any other race or ethnicity. There were 141 Black or African American (Non-Hispanic) and 105 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

96.6%

2024 Citizenship

95.8%

2023 Citizenship

As of 2024, 96.6% of Montverde, FL residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Montverde, FL was 95.8%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Montverde, FL

White (Non-Hispanic)
1.67k ± 377
Black or African American (Non-Hispanic)
141 ± 129
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
105 ± 88

11.5%

Hispanic Population

259 people

11.5% of the people in Montverde, FL are hispanic (259 people).

The following chart shows the 8 races represented in Montverde, FL 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 Florida.

Most Common Origin

Cuba
1,051,839 ± 24,582 people
Haiti
364,479 ± 14,701 people
Colombia
327,463 ± 13,946 people

In 2024, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,051,839 Florida residents, followed by Haiti with 364,479 and Colombia with 327,463.

Foreign-Born Population

7.38%

2024 Foreign-Born Population

166 people

9.16%

2023 Foreign-Born Population

163 people

As of 2024, 7.38% of Montverde, FL residents (166 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 Montverde, FL was 9.16%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Vietnam
34 ± 28
Gulf War (1990s)
19 ± 19
Korea
7 ± 17

Montverde, FL has a large population of military personnel who served in Vietnam, 1.79 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Montverde, FL.

Economy

The economy of Montverde, FL employs 1.13k people. In 2024, the largest industries in Montverde, FL were Educational Services (172 people), Finance & Insurance (128 people), and Retail Trade (117 people), and the highest paying industries were Real Estate & Rental & Leasing ($100,313), Wholesale Trade ($94,250), and Manufacturing ($89,500).

Employment

Occupations

1.13k

2024 Value

± 188

21.3%

1 Year growth

± 19.6%

From 2023 to 2024, employment in Montverde, FL grew at a rate of 21.3%, from 928 employees to 1.13k employees.

The most common job groups, by number of people living in Montverde, FL, are Management Occupations (220 people), Office & Administrative Support Occupations (126 people), and Sales & Related Occupations (107 people). This chart illustrates the share breakdown of the primary jobs held by residents of Montverde, FL.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Florida (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

1.13k

2024 Value

± 188

21.3%

1 Year growth

± 19.6%

From 2023 to 2024, employment in Montverde, FL grew at a rate of 21.3%, from 928 employees to 1.13k employees.

The most common employment sectors for those who live in Montverde, FL, are Educational Services (172 people), Finance & Insurance (128 people), and Retail Trade (117 people). This chart shows the share breakdown of the primary industries for residents of Montverde, FL, though some of these residents may live in Montverde, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$66,051

Median earning men ± $9,283

$61,417

Median earning women ± $11,157

The industries with the best median earnings for men in 2024 are Manufacturing ($180,195), Wholesale Trade ($170,000), and Finance & Insurance, & Real Estate & Rental & Leasing ($155,694).

The industries with the best median earnings for women in 2024 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($80,116), Finance & Insurance, & Real Estate & Rental & Leasing ($77,109), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($65,677).

Housing & Living

The median property value in Montverde, FL was $523,300 in 2024, which is 1.57 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $468,600 to $523,300, a 11.7% increase. The homeownership rate in Montverde, FL is 82.1%, which is higher than the national average of 65.2%.

People in Montverde, FL have an average commute time of 28.3 minutes, and they drove alone to work. Car ownership in Montverde, FL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$523,300

Median Property Value 2024

±$43,505

$648

Median Property Taxes

±$110

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 Montverde, FL the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

82.1%

Homeownership

2024

62.1%

Homeowners with Mortgage

2024

In 2024, 82.1% of the housing units in Montverde, FL were occupied by their owner. This percentage declined from the previous year's rate of 83.8%.

This chart shows the percentage of owner in Montverde, FL 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.

$97,031

Median Household Income

± $18,717

789

Number of Households

± 135

In 2024, the median household income of the 789 households in Montverde, FL declined from $97,031 from the previous year's value of $103,250.

The following chart displays the households in Montverde, FL 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 $200k+ range.

Wage Distribution

The closest comparable wage GINI for Montverde, FL is from Florida.

0.471

2024 Wage GINI in Florida

0.473

2023 Wage GINI in Florida

In 2024, the income inequality in Florida was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.383% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Florida in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (63.3%)
Worked At Home (24.1%)
Other (5.12%)

In 2024, 63.3% of workers in Montverde, FL drove alone to work, followed by those who worked at home (24.1%) and those who used some unspecified means to get work (5.12%).

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

28.3 minutes

Average Travel Time

Using averages, employees in Montverde, FL have a longer commute time (28.3 minutes) than the normal US worker (26.4 minutes). Additionally, 0.71% of the workforce in Montverde, FL have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

The following chart displays the households in Montverde, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Montverde, FL have 2 cars.

Poverty

Poverty & Diversity

3.56% of the population for whom poverty status is determined in Montverde, FL (80 out of 2.25k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 35 - 44, followed by Females 65 - 74 and then Males 65 - 74.

The most common racial or ethnic group living below the poverty line in Montverde, FL is White, followed by Hispanic and Black.

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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