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The total population of Monticello township is estimated to be 3,294 with 1,696 males (51.49%) and 1,598 females (48.51%). There are 98 less females than males in Monticello township.
The median household income in Monticello township was $109,442 in 2021, which marked an an increase of 13,479(14.05%) from $95,963 in 2020. This income is 146.69% 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 township sees its highest median household income among householders in the age group of 25 to 44 years old, at $136,033. Overall, the median household income for the township of Monticello township stands at $109,442.
In Monticello township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,986 for males and $36,075 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $79,447 for males and $54,700 for females.
In Monticello township, there are just two different racial groups among households. Among these, Asian households report a median household income of $136,408, while White households have a median household income of $99,444.
In 2022, the population of Monticello township was 3,321, a 0.18% decrease year-by-year from 2021. Previously, in 2021, Monticello township's population was 3,327, an increase of 0.73% compared to a population of 3,303 in 2020.
The median age in Monticello Township, Minnesota is 34.0, as per 2021 ACS 5-Year Estimates. Of the total population, 20.43% were under the age of 15, 19.15% aged 15 to 29, 46.53% aged 30 to 64, 13.22% aged 65 to 84, and 0.67% were 85 years of age and older.
Racial distribution of Monticello township population: 82.10% are White, 1.40% are Black or African American, 8.84% are Asian, 0.82% are some other race and 6.84% are multiracial.