Indiana · Census place 50760
Monticello city, IN
Quick answer
Monticello city has 5,504 residents, ranking #122 of 976 places in Indiana. Median household income is $50,138, the median home is worth $122,200 and median gross rent runs $860 a month.
- Population
- 5,504Monticello city residents
- Median household income
- $50,138Past 12 months, inflation adjusted
- Median home value
- $122,200Owner-occupied units
- Median gross rent
- $860Rent plus utilities, monthly
- Median age
- 46.9 yrsAll residents
- Homeownership rate
- 61.4%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 20.6% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.1% of residents and 61.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Hartford City city 5,685
- New Whiteland town 5,641
- Hidden Valley CDP 5,625
- Cicero town 5,441
- Rensselaer city 5,369
- Westville town 5,291
- Tipton city 5,255
Keep going
More Indiana coverage.