Monticello, FL
Population 2,627 · Florida
About Monticello, FL
Monticello is a small community in Florida with a population of 2,627 residents. The median household income is $44,920 per year, which is below the national average. The median age in Monticello is 46.9 years.
Housing in Monticello has a median home value of $192,500 and median monthly rent of $797. Of the 1,412 total housing units, the majority are owner-occupied, with 769 owner-occupied and 496 renter-occupied units.
The unemployment rate in Monticello is 0.7% and the poverty rate is 19.6%. 29.5% of residents hold a bachelor's degree or higher. The average commute time is 21.9 minutes.
How Monticello Ranks in Florida
Cost of Living in Monticello, FL
Compared to national averages, Monticello has a median household income of $44,920 (40% below the national median of $75,149). Home values average $192,500, which is 21% below the national median. Monthly rent at $797 is 31% below the US average of $1,163. Within Florida, Monticello's income is 41% below the state average of $75,893, and home values are 46% below the state median of $353,675.
Why Live in Monticello, FL?
Monticello offers affordable housing with a median home value of $192,500, below the US average of $244,900, and rent that’s lower than the national average at $797/month, and a strong job market with an unemployment rate of just 0.7%. Additionally, the city features short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($44,920) that falls below the national average. However, Monticello’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monticello has a population of 2,627 with a median age of 46.9 years. Compare Monticello with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Monticello
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Silver Springs | 2,640 | $32,228 | $0 | Compare |
| Silver Lake | 2,610 | $75,709 | $299,000 | Compare |
| Graceville | 2,609 | $33,068 | $106,300 | Compare |
| Eastpoint | 2,602 | $61,327 | $204,400 | Compare |
| Holley | 2,595 | $121,494 | $386,200 | Compare |
| Eatonville | 2,582 | $35,509 | $176,600 | Compare |
| Haverhill | 2,687 | $74,808 | $354,300 | Compare |
| Tropical Park | 2,567 | $29,297 | $226,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Monticello
What is the population of Monticello, FL?
The population of Monticello, FL is 2,627 according to the latest Census data.
What is the median household income in Monticello?
The median household income in Monticello, FL is $44,920 per year.
What is the median home value in Monticello?
The median home value in Monticello, FL is $192,500.
What is the average rent in Monticello?
The median monthly rent in Monticello, FL is $797.
What is the unemployment rate in Monticello?
The unemployment rate in Monticello, FL is 0.7%.