Living in Monticello, Missouri
Cost of living, income, home prices, rent and demographics of Monticello · Census data 2020–2024
Monticello has 233 residents with a median age of 31.1. The median household income is $93,125 (32% higher than the Missouri median), the median home value is $112,500, the median rent is $1,050/month.
Monticello is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Monticello at a glance
- Population
- 233
- Median age
- 31.1State: 39
- Median household income
- $93,125State: $70,702
- Median home value
- $112,500State: $230,300
- Median rent
- $1,050/moState: $1,033
- Homeowners
- 72.7%
- Bachelor's degree or higher
- 21.3%
- Average commute
- 35 min
Is Monticello a good place to live?
Pros: Median household income 32% higher than the Missouri median; home values 51% lower than the state median.
Cons: An average commute of 35 minutes; a poverty rate of 14.7%.
The weather is best in June to September.
Cost of living in Monticello
Housing is the biggest part of the cost of living. In Monticello the median home value is $112,500, 66% lower than the U.S. median. Renters pay a median of $1,050 per month, which is 20% of household income. Homeowners with a mortgage pay $1,138 a month in housing costs.
Monticello median household income
The median household income in Monticello is $93,125 and the income per person is $27,062. 14.7% of residents live below the poverty line (Missouri: 12.6%).
Housing in Monticello: homes for sale and rent
- Housing units
- 46
- Owner-occupied
- 72.7%
- Renter-occupied
- 27.3%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 4.95
Monticello demographics
- Population
- 233
- Median age
- 31.1
- Under 18
- 16.7%
- 65 and older
- 10.3%
- Households
- 44
- Foreign-born
- 0%
- Veterans
- 1.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Monticello ›
Education in Monticello
21.3% of adults 25 and older in Monticello have a bachelor's degree or higher (Missouri: 32.4%), and 2.6% have a graduate or professional degree.
Jobs and commute in Monticello
- Unemployment rate
- 0%State: 4%
- Average commute
- 35 minState: 24 min
- Work from home
- 3.5%
- Drive alone
- 80.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 79.5%
Monticello vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monticello | 233 | $93,125 | $112,500 | $1,050 |
| Lewistown | 343 | $45,833 | $79,000 | $675 |
| Ewing | 542 | $57,083 | $104,200 | $917 |
| Canton | 2,752 | $55,357 | $117,900 | $563 |
| La Belle | 775 | $36,688 | $79,400 | $400 |
| La Grange | 1,033 | $58,456 | $92,000 | $641 |
| Knox City | 103 | $43,750 | $86,100 | $656 |
| Lima | 224 | $74,375 | $88,800 | — |
| Ursa | 726 | $64,375 | $161,900 | $823 |
More for people moving to Monticello
Monticello ZIP code ›Weather and climate ›Living in Monticello: FAQ
What is the median household income in Monticello, MO?
The median household income in Monticello is $93,125, 32% higher than the Missouri median of $70,702 (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 $112,500, compared with $230,300 in Missouri.
How much is rent in Monticello?
The median gross rent in Monticello is $1,050 per month, about 20% of household income.
Is Monticello, MO a good place to live?
Pluses: median household income 32% higher than the Missouri median; home values 51% lower than the state median. Minuses: an average commute of 35 minutes; a poverty rate of 14.7%.
What is the median age in Monticello?
The median age in Monticello is 31.1 years (Missouri: 39).
How long is the commute in Monticello?
The average commute to work in Monticello is 35 minutes; 3.5% of workers work from home.
What is the unemployment rate in Monticello?
The unemployment rate in Monticello is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monticello?
21.3% 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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