Monticello, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Monticello, Florida had a total population of 2,659, the 632nd largest city in Florida, with a median household income of $46,343, which is 38% lower than the state average. The poverty rate is 23.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 38% below the state average, indicating significant economic challenges.
- Near full employment with an unemployment rate of just 0.2%.
Monticello Quick Facts
How Monticello Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,627 | 2,659 | +1.2% |
| Median household income | $44,920 | $46,343 | +3.2% |
| Median home value | $192,500 | $211,000 | +9.6% |
How Monticello Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Monticello Rankings in Florida
Explore Florida Rankings
Other Cities in Jefferson County
Cities Similar to Monticello
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cleveland | 2,683 | $47,157 | $177,800 | 28.6% | 9.5% |
| East Bronson | 2,649 | $51,898 | $147,500 | 18.9% | 30.7% |
| Lake Placid | 2,477 | $47,018 | $261,300 | 21.5% | 23.8% |
| Harlem | 2,420 | $46,038 | $56,200 | 1.6% | 6.7% |
| Bonifay | 2,797 | $40,896 | $142,100 | 13.2% | 22.1% |
Population Overview
Monticello is a small community located in Florida, within Jefferson County. The total population is 2,659. It ranks as the 632nd most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Monticello is 44.2 years. This is 4% higher than the state median of 42.6 years. 12.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Monticello is $46,343. This is 38% lower than the state median of $74,568. It is also 43% lower than the national median of $80,734. The poverty rate stands at 23.3%. This is 85% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.2%. This is 96% lower than the state rate of 4.8%. The median home value is $211,000. Housing costs are 41% lower than the state median of $359,000. The home-value-to-income ratio is 4.6x. 66.3% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Monticello is White (non-Hispanic), making up 53.4% of the population. Black or African American residents account for 43.3%. The Black or African American population is significantly higher than the state average (43.3% vs 14.6%). The Hispanic or Latino population (0.9%) is well below the state average of 27.4%.
Education
24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.9%.
Data Sources & Methodology
All demographic data for Monticello, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Florida city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Monticello, Florida?
Monticello, Florida has a population of 2,659 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Monticello, FL?
The median household income in Monticello is $46,343, which is 43% lower than the national median of $80,734.
What is the poverty rate in Monticello, FL?
The poverty rate in Monticello is 23.3%. This means approximately 596 residents live below the federal poverty line.
What is the racial makeup of Monticello, Florida?
Monticello's population is 53.4% White, 43.3% Black, 0.9% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Monticello, FL?
The median home value in Monticello is $211,000. The home-value-to-income ratio is 4.6x.
How educated is Monticello, Florida?
24.3% of adults (25+) in Monticello hold a bachelor's degree or higher, and 7.7% hold a graduate or professional degree.