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ZipNumbers

Minnesota · Census place 43774

Monticello city, MN

Quick answer

Monticello city has 14,607 residents, ranking #74 of 914 places in Minnesota. Median household income is $81,563, the median home is worth $298,400 and median gross rent runs $1,462 a month.

Population
14,607Monticello city residents
Median household income
$81,563Past 12 months, inflation adjusted
Median home value
$298,400Owner-occupied units
Median gross rent
$1,462Rent plus utilities, monthly
Median age
33.7 yrsAll residents
Homeownership rate
64.9%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 21.5% 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 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.8% of residents and 64.9% 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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