Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.1 yrs |
|---|---|
| Avg HH Size | 2.70 |
| Below Poverty | 6.8% ▼ 32% below avg |
| College Grads | 39.9% ≈ Avg |
| Unemployment | 2.0% ▼ 60% below avg |
| No HS Diploma | 32 (0.3%) |
| HS Graduate | 4,188 (35%) |
| Some College | 1,065 (8.9%) |
| Associates | 1,905 (15.9%) |
| Bachelors | 1,646 (13.8%) |
| Graduate Degree | 3,129 (26.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $92,870 ▲ 22% above avg |
|---|---|
| Median Home Value | $324,400 ▲ 16% above avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,458/mo |
| Total Housing Units | 7,589 |
| Vacant Units | 175 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Monticello is a city in Minnesota, located in Wright County. The city spans 1 ZIP code and is home to approximately 20,125 residents. It is a relatively young city, with a median age of 35.1 years.
Economically, Monticello is a middle-income community. The median household income of $92,870 is above the national average. Approximately 6.8% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.
The real estate market in Monticello is a mid-range housing market. Median home values stand at $324,400, which is above the national average. Renters typically pay around $1,458 per month. Homeownership is high at 73.7%, typical of suburban and family-oriented communities.
The population of Monticello is moderately educated. 39.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (86.12%).
Monticello, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55362 | 20,125 | $92,870 | $324,400 | $1,458 | 2.0% | 39.9% | 73.7% |