Life in Lake Monticello research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lake Monticello over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Lake Monticello:
The population in Lake Monticello is 10,834.
The median home value in Lake Monticello is $297,738.
The median income in Lake Monticello is $98,848.
The cost of living in Lake Monticello is 110 which is 1.1x higher than the national average.
The median rent in Lake Monticello is $2,071.
The unemployment rate in Lake Monticello is 1.6%.
The poverty rate in Lake Monticello is 6.5%.
The average high in Lake Monticello is 68.1° and the average low is 43.7°.
Cost of living in Lake Monticello summary. We use data on the cost of living to determine how expensive it is to live in Lake Monticello. Real estate prices drive most of the variance in cost of living around Virginia. Key points include:
The cost of living in Lake Monticello is 110 with 100 being average.
The cost of living in Lake Monticello is 1.1x higher than the national average.
The median home value in Lake Monticello is $297,738.
The median income in Lake Monticello is $98,848.
Living Expense | Lake Monticello | Virginia | National Average | |
---|---|---|---|---|
Overall | 110 | 102 | 100 | |
Services | 106 | 102 | 100 | |
Groceries | 99 | 98 | 100 | |
Health | 103 | 102 | 100 | |
Housing | 129 | 107 | 100 | |
Transportation | 84 | 95 | 100 | |
Utilities | 100 | 102 | 100 |
The average high in Lake Monticello is 68.1° and the average low is 43.7°.
There are 75.7 days of precipitation each year.
Expect an average of 42.7 inches of precipitation each year with 14.6 inches of snow.
Stat | Lake Monticello |
---|---|
Average Annual High | 68.1 |
Average Annual Low | 43.7 |
Annual Precipitation Days | 75.7 |
Average Annual Precipitation | 42.7 |
Average Annual Snowfall | 14.6 |
The current population in Lake Monticello is 10,834. The population has increased 1.9% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 10,834 | 6.1% |
2021 | 10,210 | 4.2% |
2020 | 9,794 | 1.1% |
2019 | 9,685 | 0.6% |
2018 | 9,629 | 0.9% |
2017 | 9,547 | 0.4% |
2016 | 9,513 | -4.6% |
2015 | 9,973 | -1.8% |
2014 | 10,159 | -4.5% |
2013 | 10,634 | - |
77.5% White with 8,398 White residents.
7.9% African American with 860 African American residents.
0.0% American Indian with 0 American Indian residents.
0.2% Asian with 20 Asian residents.
0.2% Hawaiian with 23 Hawaiian residents.
0.5% Other with 52 Other residents.
6.0% Two Or More with 652 Two Or More residents.
7.7% Hispanic with 829 Hispanic residents.
Race | Lake Monticello | VA | USA |
---|---|---|---|
White | 77.5% | 60.0% | 58.9% |
African American | 7.9% | 18.6% | 12.1% |
American Indian | 0.0% | 0.1% | 0.6% |
Asian | 0.2% | 6.8% | 5.7% |
Hawaiian | 0.2% | 0.1% | 0.2% |
Other | 0.5% | 0.5% | 0.4% |
Two Or More | 6.0% | 4.0% | 3.5% |
Hispanic | 7.7% | 10.0% | 18.7% |
Lake Monticello is 54.1% female with 5,865 female residents.
Lake Monticello is 45.9% male with 4,968 male residents.
Gender | Lake Monticello | VA | USA |
---|---|---|---|
Female | 54.1% | 50.5% | 50.4% |
Male | 45.9% | 49.5% | 49.6% |
1.0% of adults in Lake Monticello completed < 9th grade.
1.0% of adults in Lake Monticello completed 9-12th grade.
14.0% of adults in Lake Monticello completed high school / ged.
27.0% of adults in Lake Monticello completed some college.
8.0% of adults in Lake Monticello completed associate's degree.
27.0% of adults in Lake Monticello completed bachelor's degree.
16.0% of adults in Lake Monticello completed master's degree.
1.0% of adults in Lake Monticello completed professional degree.
5.0% of adults in Lake Monticello completed doctorate degree.
Education | Lake Monticello | VA | USA |
---|---|---|---|
< 9th Grade | 1.0% | 4.0% | 4.0% |
9-12th Grade | 1.0% | 5.0% | 6.0% |
High School / GED | 14.0% | 24.0% | 26.0% |
Some College | 27.0% | 18.0% | 20.0% |
Associate's Degree | 8.0% | 8.0% | 9.0% |
Bachelor's Degree | 27.0% | 23.0% | 21.0% |
Master's Degree | 16.0% | 13.0% | 10.0% |
Professional Degree | 1.0% | 3.0% | 2.0% |
Doctorate Degree | 5.0% | 2.0% | 2.0% |
1.9% of households in Lake Monticello earn Less than $10,000.
0.9% of households in Lake Monticello earn $10,000 to $14,999.
2.7% of households in Lake Monticello earn $15,000 to $24,999.
7.1% of households in Lake Monticello earn $25,000 to $34,999.
5.2% of households in Lake Monticello earn $35,000 to $49,999.
13.0% of households in Lake Monticello earn $50,000 to $74,999.
20.4% of households in Lake Monticello earn $75,000 to $99,999.
24.0% of households in Lake Monticello earn $100,000 to $149,999.
15.2% of households in Lake Monticello earn $150,000 to $199,999.
9.5% of households in Lake Monticello earn $200,000 or more.
Income | Lake Monticello | VA | USA |
---|---|---|---|
Less than $10,000 | 1.9% | 4.2% | 4.9% |
$10,000 to $14,999 | 0.9% | 3.0% | 3.8% |
$15,000 to $24,999 | 2.7% | 5.8% | 7.0% |
$25,000 to $34,999 | 7.1% | 6.3% | 7.4% |
$35,000 to $49,999 | 5.2% | 9.4% | 10.7% |
$50,000 to $74,999 | 13.0% | 15.0% | 16.1% |
$75,000 to $99,999 | 20.4% | 12.3% | 12.8% |
$100,000 to $149,999 | 24.0% | 18.1% | 17.1% |
$150,000 to $199,999 | 15.2% | 10.4% | 8.8% |
$200,000 or more | 9.5% | 15.6% | 11.4% |