Monticello
Monticello city, Kentucky
Nestled in the heart of Kentucky, Monticello offers a compelling blend of small-town charm and remarkable affordability. Imagine owning a home for a median value of just $133,100, a stark contrast to the national average. This budget-friendly environment allows residents to enjoy a relaxed lifestyle, where the pace is slower and neighbors know each other. While the median household income of $43,353 is lower than the US average, the cost of living in Monticello ensures your dollar stretches further, affording you a comfortable existence. The town's population of around 5,770 fosters a close-knit community feel, perfect for those seeking a tranquil escape from the hustle and bustle of city life.
From an investment perspective, Monticello presents an intriguing opportunity. With home values significantly below the national median, the potential for appreciation is strong. While detailed employment figures aren't readily available, the town's affordability and close proximity to outdoor recreational activities make it ideal for retirees or those seeking a simpler way of life. Monticello is known for its safety, adding to its appeal for families and individuals seeking peace of mind. For those looking for a welcoming community and a lower cost of living, Monticello is an appealing choice.
Monticello, Kentucky at a Glance
Monticello is a city in Monticello city, Kentucky with a population of approximately 5,770. The median home value is $133,100 and the median household income is $43,353.. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average.. Median rent is $739 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$133,100
Median Income
$43,353
Population
5,770
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 5,770
- Median Age
- N/A
- Median Household Income
- $43,353
42% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 32.9%
165% above nat'l avg
- Median Home Value
- $133,100
53% below nat'l avg
- Median Rent
- $739
36% below nat'l avg
- Homeownership Rate
- 60.7%
8% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.5 per 1K
58% below nat'l avg
- Property Crime Rate
- 8.1 per 1K
57% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 4.2%
14% above nat'l avg
- Poverty Rate
- 32.9%
165% above nat'l avg
Political Landscape
→ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Monticello
Wayne County Fair
Annual county fair featuring agricultural exhibits, rides, and entertainment.
Lake Cumberland Dragon Boat Festival
A vibrant festival with dragon boat races and cultural activities on Lake Cumberland.
Monticello Christmas Parade
A festive parade through downtown Monticello celebrating the holiday season.
Somerset Summer Celebration
A celebration held in nearby Somerset with music, food, and family fun.
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