What is the population of Lake Monticello CDP?

Lake Monticello CDP has 10,820 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #121 of 688 in Virginia.

What is the median household income in Lake Monticello CDP?

Median household income in Lake Monticello CDP is $101,363 a year, 29.1% above the national figure of $78,538.

How much does it cost to rent or buy in Lake Monticello CDP?

Median gross rent is $2,167 a month and the median home value is $288,300, so rent absorbs about 25.7% of median household income.

Is Lake Monticello CDP affordable compared with the rest of the US?

Homes cost about 2.8× the local median income here versus roughly 3.9× nationally, so Lake Monticello CDP is more affordable to buy in than the typical US market, and rent takes 25.7% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Virginia · Census place 43424

Lake Monticello, VA population, income and ZIP codes

Quick answer

The population of the city of Lake Monticello, Virginia (Lake Monticello, VA — Census place “Lake Monticello CDP”) is 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. Looking for the Lake Monticello Virginia ZIP code list? 1 ZIP codes serve Lake Monticello, VA: 22963.

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

Lake Monticello ZIP codes (Virginia)

Census ZCTAs whose delivery area overlaps Lake Monticello.

The Lake Monticello VA ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

22963

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

Lake Monticello CDP, VA in context

How this area compares with national benchmarks.

Lake Monticello CDP is a mid-size town in Virginia, with 10,820 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #121 of 688 ranked by population — larger than 82% of them. The median age here is 40.7 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Lake Monticello CDP earn a median of $101,363 a year, 29.1% above the national figure of $78,538 and 22% above the $82,986 median for the 383 Virginia cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 7.5% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Lake Monticello CDP is valued at $288,300, 5% below the national figure and within a couple of points of the $291,300 peer median, while median gross rent runs $2,167 a month, 54.1% above the national figure, or roughly $26,004 across a full year. A household on the local median income would put about 25.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.8×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 96.6% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Virginia.

More Virginia coverage.

Frequently asked questions

Common questions about this area.

What is the population of Lake Monticello CDP?: Lake Monticello CDP has 10,820 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #121 of 688 in Virginia.
What is the median household income in Lake Monticello CDP?: Median household income in Lake Monticello CDP is $101,363 a year, 29.1% above the national figure of $78,538.
How much does it cost to rent or buy in Lake Monticello CDP?: Median gross rent is $2,167 a month and the median home value is $288,300, so rent absorbs about 25.7% of median household income.
Is Lake Monticello CDP affordable compared with the rest of the US?: Homes cost about 2.8× the local median income here versus roughly 3.9× nationally, so Lake Monticello CDP is more affordable to buy in than the typical US market, and rent takes 25.7% of median income against the 30% cost-burden line.
How current is this Lake Monticello CDP data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.