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Virginia · Census place 43424

Lake Monticello CDP, VA

Quick answer

Lake Monticello CDP has 10,820 residents, ranking #121 of 688 places in Virginia. Median household income is $101,363, the median home is worth $288,300 and median gross rent runs $2,167 a month.

Population
10,820Lake Monticello CDP residents
Median household income
$101,363Past 12 months, inflation adjusted
Median home value
$288,300Owner-occupied units
Median gross rent
$2,167Rent plus utilities, monthly
Median age
40.7 yrsAll residents
Homeownership rate
96.6%Owner-occupied households

What the numbers mean in Lake Monticello CDP

Housing cost measured against local earnings.

A household earning the Lake Monticello CDP median would spend about 25.7% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.5% of residents and 96.6% 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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