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The total population of Monticello town is estimated to be 713 with 338 males (47.41%) and 375 females (52.59%). There are 37 more females than males in Monticello town.
The median household income in Monticello town was $45,745 in 2021, which marked an a decrease of 3,830(7.73%) from $49,575 in 2020. This income is 61.32% 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 town sees its highest median household income among householders in the age group of 45 to 64 years old, at $54,046. Overall, the median household income for the town of Monticello town stands at $45,745.
In Monticello town, the median income for all workers aged 15 years and older, regardless of work hours, was $32,507 for males and $21,957 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,889 for males and $41,885 for females.
In Monticello town, population is primarily represented by White households, reporting a median income of $48,491.
In 2022, the population of Monticello town was 733, a 0.27% increase year-by-year from 2021. Previously, in 2021, Monticello town's population was 731, a decline of 0.14% compared to a population of 732 in 2020.
The median age in Monticello, Maine is 54.1, as per 2021 ACS 5-Year Estimates. Of the total population, 7.22% were under the age of 15, 12.52% aged 15 to 29, 49.93% aged 30 to 64, 26.07% aged 65 to 84, and 4.27% were 85 years of age and older.
Racial distribution of Monticello town population: 93.52% are White, 2.06% are American Indian and Alaska Native, 1.62% are Asian and 2.80% are multiracial.