Monticello, IA
Population 4,055 · Iowa
About Monticello, IA
Monticello is a small community in Iowa with a population of 4,055 residents. The median household income is $67,788 per year, which is near the national average. The median age in Monticello is 42.1 years.
Housing in Monticello has a median home value of $160,500 and median monthly rent of $659. Of the 1,977 total housing units, the majority are owner-occupied, with 1,269 owner-occupied and 519 renter-occupied units.
The unemployment rate in Monticello is 0.4% and the poverty rate is 5.1%. 19.4% of residents hold a bachelor's degree or higher. The average commute time is 18.7 minutes.
How Monticello Ranks in Iowa
Cost of Living in Monticello, IA
Compared to national averages, Monticello has a median household income of $67,788 (10% below the national median of $75,149). Home values average $160,500, which is 34% below the national median. Monthly rent at $659 is 43% below the US average of $1,163. Within Iowa, Monticello's income is 0% below the state average of $67,947, and home values are 21% above the state median of $132,237.
Why Live in Monticello, IA?
Monticello offers affordable housing with a median home value of $160,500, below the US average of $244,900, and rent that’s lower than the national average at $659/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a low poverty rate of 5.1%, better than the national average, and short commute times averaging just 18.7 minutes.
Potential considerations include median household income ($67,788) 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 4,055 with a median age of 42.1 years. Compare Monticello with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Monticello
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rock Valley | 4,061 | $67,012 | $225,800 | Compare |
| Jefferson | 4,164 | $54,286 | $126,900 | Compare |
| Carlisle | 4,187 | $98,333 | $208,100 | Compare |
| Cresco | 3,901 | $60,769 | $105,200 | Compare |
| Chariton | 4,235 | $52,109 | $84,200 | Compare |
| Forest City | 4,280 | $62,917 | $136,400 | Compare |
| Hampton | 4,311 | $48,922 | $91,900 | Compare |
| Waukon | 3,796 | $56,250 | $133,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
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, IA?
The population of Monticello, IA is 4,055 according to the latest Census data.
What is the median household income in Monticello?
The median household income in Monticello, IA is $67,788 per year.
What is the median home value in Monticello?
The median home value in Monticello, IA is $160,500.
What is the average rent in Monticello?
The median monthly rent in Monticello, IA is $659.
What is the unemployment rate in Monticello?
The unemployment rate in Monticello, IA is 0.4%.