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The total population of Monticello is estimated to be 4,034 with 2,070 males (51.31%) and 1,964 females (48.69%). There are 106 less females than males in Monticello.
The median household income in Monticello was $62,532 in 2021, which marked an an increase of 4,656(8.04%) from $57,876 in 2020. This income is 83.82% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Monticello sees its highest median household income among householders in the age group of 45 to 64 years old, at $71,369. Overall, the median household income for the city of Monticello stands at $62,532.
In Monticello, the median income for all workers aged 15 years and older, regardless of work hours, was $43,542 for males and $34,951 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,262 for males and $55,096 for females.
In Monticello, there are just two different racial groups among households. Among these, White households report a median household income of $62,894, while Two or More Races households have a median household income of $45,048.
In 2022, the population of Monticello was 4,077, a 0.17% increase year-by-year from 2021. Previously, in 2021, Monticello's population was 4,070, an increase of 0.77% compared to a population of 4,039 in 2020.
The median age in Monticello, IA is 38.4, as per 2021 ACS 5-Year Estimates. Of the total population, 20.91% were under the age of 15, 18.23% aged 15 to 29, 41.51% aged 30 to 64, 15.72% aged 65 to 84, and 3.63% were 85 years of age and older.
Racial distribution of Monticello population: 90.54% are White, 1.30% are Black or African American, 0.25% are Asian and 7.91% are multiracial.