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ZipNumbers

Illinois · Census place 50244

Monticello city, IL

Quick answer

Monticello city has 6,332 residents, ranking #297 of 1462 places in Illinois. Median household income is $88,611, the median home is worth $196,000 and median gross rent runs $1,030 a month.

Population
6,332Monticello city residents
Median household income
$88,611Past 12 months, inflation adjusted
Median home value
$196,000Owner-occupied units
Median gross rent
$1,030Rent plus utilities, monthly
Median age
42.9 yrsAll residents
Homeownership rate
84.3%Owner-occupied households

What the numbers mean in Monticello city

Housing cost measured against local earnings.

A household earning the Monticello city median would spend about 13.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.1% of residents and 84.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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