Monticello, Kentucky Demographics & Population 2026
During the 2020–2024 ACS period, Monticello, Kentucky had a total population of 5,753, the 79th largest city in Kentucky, with a median household income of $44,952, which is 29% lower than the state average. The poverty rate is 30.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- More than 1 in 4 residents live below the poverty line (30.4%), well above the national average of 12.4%.
- Near full employment with an unemployment rate of just 2.0%.
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 | 5,741 | 5,753 | +0.2% |
| Median household income | $37,733 | $44,952 | +19.1% |
| Median home value | $125,800 | $132,400 | +5.2% |
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
A less diverse community where one racial or ethnic group represents a large majority.
State average: 33 | National average: 61
Education
Educational Attainment (Adults 25+)
Monticello Rankings in Kentucky
Explore Kentucky Rankings
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 |
|---|---|---|---|---|---|
| Central City | 5,707 | $50,885 | $143,600 | 5.7% | 25.6% |
| Princeton | 6,241 | $47,411 | $96,600 | 16.7% | 15.8% |
| Lebanon | 6,430 | $45,479 | $149,700 | 11.7% | 25.6% |
| Williamsburg | 5,270 | $38,147 | $113,300 | 21.2% | 30.9% |
| Leitchfield | 6,819 | $44,347 | $159,100 | 12.4% | 24.3% |
Population Overview
Monticello is a small city located in Kentucky, within Wayne County. The total population is 5,753. It ranks as the 79th most populous out of 552 Census-designated places in Kentucky.
Age Demographics
The median age in Monticello is 40.6 years. This is 4% higher than the state median of 39.1 years.
Economy, Income & Housing
The median household income in Monticello is $44,952. This is 29% lower than the state median of $63,726. It is also 44% lower than the national median of $80,734. The poverty rate stands at 30.4%. This is 89% higher than the state poverty rate of 16.1%. 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 2.0%. This is 59% lower than the state rate of 4.9%. The median home value is $132,400. Housing costs are 36% lower than the state median of $205,600. With a home-value-to-income ratio of just 2.9x, Monticello is one of the most affordable housing markets in the area. 53.8% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 68.3%.
Race & Ethnicity
The largest racial or ethnic group in Monticello is White (non-Hispanic), making up 82.2% of the population. Hispanic or Latino residents account for 12.1%. The Black or African American population (3.7%) is well below the state average of 7.5%. The Hispanic or Latino population is significantly higher than the state average (12.1% vs 5.0%). The Asian population (0.1%) is well below the state average of 1.6%.
Education
13.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 52% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.3%.
Data Sources & Methodology
All demographic data for Monticello, Kentucky 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 Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. 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 Kentucky city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Monticello, Kentucky?
Monticello, Kentucky has a population of 5,753 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Monticello, KY?
The median household income in Monticello is $44,952, which is 44% lower than the national median of $80,734.
What is the poverty rate in Monticello, KY?
The poverty rate in Monticello is 30.4%. This means approximately 1,678 residents live below the federal poverty line.
What is the racial makeup of Monticello, Kentucky?
Monticello's population is 82.2% White, 3.7% Black, 12.1% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Monticello, KY?
The median home value in Monticello is $132,400. The home-value-to-income ratio is 2.9x.
How educated is Monticello, Kentucky?
13.3% of adults (25+) in Monticello hold a bachelor's degree or higher, and 6.7% hold a graduate or professional degree.