Living in Monticello, Florida
Cost of living, income, home prices, rent and demographics of Monticello · Census data 2020–2024
Monticello has 2,659 residents with a median age of 44.2. The median household income is $46,343 (38% lower than the Florida median), the median home value is $211,000, the median rent is $799/month.
Monticello at a glance
- Population
- 2,659
- Median age
- 44.2State: 42.6
- Median household income
- $46,343State: $74,568
- Median home value
- $211,000State: $359,000
- Median rent
- $799/moState: $1,669
- Homeowners
- 66.3%
- Bachelor's degree or higher
- 24.3%
- Average commute
- 23 min
Is Monticello a good place to live?
Pros: Home values 41% lower than the state median; an average commute of 23 minutes; unemployment of 0.2%.
Cons: Median household income 38% lower than the Florida median; a poverty rate of 23.3%.
The weather is best in April–May and October–November.
Cost of living in Monticello
Housing is the biggest part of the cost of living. In Monticello the median home value is $211,000, 37% lower than the U.S. median. Renters pay a median of $799 per month, which is 51% of household income. Homeowners with a mortgage pay $1,388 a month in housing costs.
Monticello median household income
The median household income in Monticello is $46,343 and the income per person is $30,581. 23.3% of residents live below the poverty line (Florida: 12.6%).
Housing in Monticello: homes for sale and rent
- Housing units
- 1,413
- Owner-occupied
- 66.3%
- Renter-occupied
- 33.7%
- Vacant
- 9%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 1.99
Monticello demographics
- Population
- 2,659
- Median age
- 44.2
- Under 18
- 19.7%
- 65 and older
- 27.3%
- Households
- 1,286
- Foreign-born
- 1.2%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Monticello ›
Education in Monticello
24.3% of adults 25 and older in Monticello have a bachelor's degree or higher (Florida: 34.1%), and 7.7% have a graduate or professional degree.
Jobs and commute in Monticello
- Unemployment rate
- 0.2%State: 4.8%
- Average commute
- 23 minState: 28 min
- Work from home
- 10.5%
- Drive alone
- 77.9%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 72.2%
Monticello vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monticello | 2,659 | $46,343 | $211,000 | $799 |
| Miccosukee | 478 | $128,681 | $376,300 | — |
| Capitola | 375 | $34,430 | $114,900 | $625 |
| Greenville | 1,650 | $70,125 | $63,200 | $682 |
| Wacissa | 355 | $64,534 | — | $1,225 |
| Chaires | 588 | $167,569 | $361,500 | — |
| Boston | 1,520 | $44,728 | $158,500 | $855 |
| Bradfordville | 18,953 | $133,359 | $383,300 | $1,881 |
| Thomasville | 18,666 | $49,673 | $205,200 | $1,077 |
More for people moving to Monticello
Monticello ZIP code ›Weather and climate ›Living in Monticello: FAQ
What is the median household income in Monticello, FL?
The median household income in Monticello is $46,343, 38% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Monticello?
The median home value in Monticello is $211,000, compared with $359,000 in Florida.
How much is rent in Monticello?
The median gross rent in Monticello is $799 per month, about 51% of household income.
Is Monticello, FL a good place to live?
Pluses: home values 41% lower than the state median; an average commute of 23 minutes; unemployment of 0.2%. Minuses: median household income 38% lower than the Florida median; a poverty rate of 23.3%.
What is the median age in Monticello?
The median age in Monticello is 44.2 years (Florida: 42.6).
How long is the commute in Monticello?
The average commute to work in Monticello is 23 minutes; 10.5% of workers work from home.
What is the unemployment rate in Monticello?
The unemployment rate in Monticello is 0.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monticello?
24.3% of adults in Monticello have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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