City

Monticello, KY

1 ZIP code  ·  Wayne County  ·  Kentucky

👥18,609Population
💰$42,500Median HH Income▼ 44% below avg
🎂42.8Median Age
🏠$124,200Median Home Value▼ 55% below avg
🎓25.4%College Grads▼ 35% below avg
📊5.2%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.1% Female 50.9% ♀

Race & Ethnicity

White: 91.6%Hispanic: 4.6%Black: 1.4%Asian: 0%Other: 1.8%Race
White91.6%
Hispanic4.6%
Black1.4%
Asian0.0%
Other1.8%

Age Breakdown

Under 5
6%
5–17
15%
18–24
8%
25–44
25%
45–64
26%
65+
9%

Key Indicators

Median Age42.8 yrs
Avg HH Size2.43
Below Poverty24.1% ▲ 141% above avg
College Grads25.4% ▼ 35% below avg
Unemployment5.2% ≈ Avg
No HS Diploma312 (2.8%)
HS Graduate4,260 (38.6%)
Some College2,430 (22%)
Associates1,241 (11.2%)
Bachelors1,081 (9.8%)
Graduate Degree1,719 (15.6%)

Education

No HS: 2.8%HS Grad: 38.6%Some College: 22%Associates: 11.2%Bachelors: 9.8%Graduate: 15.6%Edu
No HS2.8%
HS Grad38.6%
Some College22.0%
Associates11.2%
Bachelors9.8%
Graduate15.6%
Housing & Income

Housing Tenure

Owner: 70.8%Renter: 29.2%Tenure
Owner70.8%
Renter29.2%

Home Value Distribution

Under $50k
18%
$50k–$100k
20%
$100k–$150k
22%
$150k–$200k
17%
$200k–$300k
8%
$300k–$500k
11%
Over $500k
3%

Financials

Median HH Income$42,500 ▼ 44% below avg
Median Home Value$124,200 ▼ 55% below avg
Home/Income Ratio2.9x (nat avg ~3.5x)
Median Rent$665/mo
Total Housing Units9,280
Vacant Units1,744

Income Distribution

Under $25k
32%
$25k–$50k
22%
$50k–$75k
16%
$75k–$100k
14%
$100k–$150k
11%
$150k–$200k
3%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
88%
Public Transit
0%
Walked
1%
Work From Home
11%

Commute Time

Under 15 min
43%
15–30 min
28%
30–45 min
16%
Over 45 min
13%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
8%
1960s–1970s
17%
1980s–1990s
18%
2000+
56%
About Monticello, KY

Monticello is a city in Kentucky, located in Wayne County. The city spans 1 ZIP code and is home to approximately 18,609 residents. It is a middle-aged city, with a median age of 42.8 years.

Economically, Monticello is a working-class community. The median household income of $42,500 is below the national average. Approximately 24.1% of residents live below the poverty line. The unemployment rate is 5.2%, near the national average.

The real estate market in Monticello is one of the more affordable housing markets in the country. Median home values stand at $124,200, which is well below the national average. Renters typically pay around $665 per month. Homeownership is high at 70.8%, typical of suburban and family-oriented communities.

The population of Monticello is moderately educated. 25.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.61%).

Monticello, KY offers residents a cost-conscious lifestyle within Kentucky.

ZIP Codes in Monticello
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
42633 18,609 $42,500 $124,200 $665 5.2% 25.4% 70.8%