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Monticello city, Minnesota Demographics & Population 2026

As of 2026, Monticello city, Minnesota has a total population of 14,607, the 74th largest city in Minnesota, with a median household income of $81,563, which is 7% lower than the state average. The poverty rate is 8.8%.

Key Takeaways

Monticello city Quick Facts

Population 14,607
Median Household Income $81,563
Median Home Value $298,400
Poverty Rate 8.8%
Unemployment Rate 2.2%
Median Age 33.7 years
Homeownership Rate 64.9%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 23.5%
High School Graduation Rate 88.1%
Diversity Index 27/100
Population 14,607 74th of 913
Median Income $81,563 above average
Poverty Rate 8.8% 29% lower national
Median Home Value $298,400 top 20%

How Monticello city Compares

Economy & Housing

Employment

2.2% Unemployment Rate State: 3.9% | National: 5.2%
75.9% Labor Force Participation

Housing Overview

Owner 64.9%
Renter 35.1%
Affordability Index Affordable
3.7x home value to income ratio

People & Demographics

Diversity Index

27out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Monticello city Rankings in Minnesota

#74 Population of 913
#273 Median Income of 913
#345 Education of 913
#147 Home Value of 913

Other Cities in Wright County

CityPopulationMedian IncomePovertyHome Value
Otsego city 21,358 $127,219 0.8% $367,200
St. Michael city 19,267 $130,814 4.0% $365,800
Buffalo city 16,388 $88,306 6.6% $281,900
Dayton city 8,381 $137,383 2.8% $510,600
Albertville city 8,066 $126,307 0.6% $326,400
Delano city 6,712 $118,091 3.2% $347,500
Becker city 4,958 $90,188 5.6% $257,600
Rockford city 4,521 $82,228 6.7% $265,900
Montrose city 3,840 $98,832 7.3% $260,100
Hanover city 3,495 $147,944 2.2% $421,700

Cities Similar to Monticello city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Robbinsdale city14,318$84,719$280,40040.2%11.4%
North Mankato city14,212$77,571$252,70043.0%7.7%
Hutchinson city14,629$71,730$210,30025.2%10.7%
Alexandria city14,579$61,558$247,20031.8%11.2%
Sauk Rapids city13,851$67,004$240,20028.0%7.2%

Population Overview

Monticello city is a small city located in Minnesota, within Wright County. The total population is 14,607. It ranks as the 74th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Monticello city is 33.7 years. This is 13% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Monticello city is $81,563. This is 7% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 4% higher. The poverty rate stands at 8.8%. This is 4% lower than the state poverty rate of 9.2%. The unemployment rate is 2.2%. This is 44% lower than the state rate of 3.9%. The median home value is $298,400. Housing costs are 2% lower than the state median of $305,500. The home-value-to-income ratio is 3.7x. 64.9% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 72.4%.

Race & Ethnicity

The largest racial or ethnic group in Monticello city is White (non-Hispanic), making up 84.7% of the population. Hispanic or Latino residents account for 6.9%. The Black or African American population (1.4%) is well below the state average of 6.7%.

Education

23.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.1%.

Data Sources & Methodology

All demographic data for Monticello city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Monticello city, Minnesota?

Monticello city, Minnesota has a population of 14,607 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Monticello city, MN?

The median household income in Monticello city is $81,563, which is 4% higher the national median of $78,538.

What is the poverty rate in Monticello city, MN?

The poverty rate in Monticello city is 8.8%. This means approximately 1,280 residents live below the federal poverty line.

What is the racial makeup of Monticello city, Minnesota?

Monticello city's population is 84.7% White, 1.4% Black, 6.9% Hispanic/Latino, and 3.4% Asian.

What is the median home value in Monticello city, MN?

The median home value in Monticello city is $298,400. The home-value-to-income ratio is 3.7x.

How educated is Monticello city, Minnesota?

23.5% of adults (25+) in Monticello city hold a bachelor's degree or higher, and 7.2% hold a graduate or professional degree.