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
Compare with nearby places
Places of similar size in Minnesota.
- Hugo city 16,076
- Bemidji city 15,490
- Hutchinson city 14,629
- Alexandria city 14,579
- Brainerd city 14,474
- Robbinsdale city 14,318
- North Mankato city 14,212
Keep going
More Minnesota coverage.