Monticello, UT
Population 1,941 · Utah
About Monticello, UT
Monticello is a small community in Utah with a population of 1,941 residents. The median household income is $63,750 per year, which is near the national average. The median age in Monticello is 37.6 years.
Housing in Monticello has a median home value of $307,900 and median monthly rent of $1,065. Of the 732 total housing units, the majority are owner-occupied, with 512 owner-occupied and 143 renter-occupied units.
The unemployment rate in Monticello is 0.0% and the poverty rate is 5.7%. 22.7% of residents hold a bachelor's degree or higher. The average commute time is 20.8 minutes.
Cost of Living in Monticello, UT
Compared to national averages, Monticello has a median household income of $63,750 (15% below the national median of $75,149). Home values average $307,900, which is 26% above the national median. Monthly rent at $1,065 is 8% below the US average of $1,163. Within Utah, Monticello's income is 28% below the state average of $88,715, and home values are 28% below the state median of $426,386.
Why Live in Monticello, UT?
Monticello offers rent that’s lower than the national average at $1,065/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 5.7%, better than the national average. Additionally, the city features short commute times averaging just 20.8 minutes.
Potential considerations include median household income ($63,750) 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 1,941 with a median age of 37.6 years. Compare Monticello with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Monticello
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Coalville | 1,915 | $85,921 | $455,000 | Compare |
| Marriott-Slaterville | 1,885 | $89,602 | $495,700 | Compare |
| Willard | 2,008 | $91,875 | $389,600 | Compare |
| Panguitch | 1,871 | $75,283 | $249,300 | Compare |
| Benson | 1,864 | $82,019 | $281,400 | Compare |
| Millville | 1,820 | $90,417 | $407,000 | Compare |
| Oakley | 1,812 | $102,143 | $631,200 | Compare |
| Francis | 1,797 | $113,500 | $700,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
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, UT?
The population of Monticello, UT is 1,941 according to the latest Census data.
What is the median household income in Monticello?
The median household income in Monticello, UT is $63,750 per year.
What is the median home value in Monticello?
The median home value in Monticello, UT is $307,900.
What is the average rent in Monticello?
The median monthly rent in Monticello, UT is $1,065.
What is the unemployment rate in Monticello?
The unemployment rate in Monticello, UT is 0.0%.