Population 10,932 · Census ACS 2020–24
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Population and households in Lake Monticello
Household size in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 2.67 | 2.63 | 2.68 |
| 2010–14 | 2.50 | 2.68 | 2.73 |
| 2015–19 | 2.54 | 2.68 | 2.71 |
| 2020–24 | 2.65 | 2.62 | 2.65 |
| Change | −0.02 | −0.01 | −0.03 |
Households in Lake Monticello average 2.65 people, the same as the country as a whole. The biggest households, usually families with children, are concentrated in the northwest.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 40.0 | 38.2 | 37.7 |
| 2010–14 | 41.1 | 39.0 | 38.6 |
| 2015–19 | 46.1 | 40.0 | 39.6 |
| 2020–24 | 43.7 | 40.3 | 40.1 |
| Change | +3.7 | +2.1 | +2.3 |
The median resident of Lake Monticello is 43.7 years old, older than the national median of 40.1. The median age has climbed from 40.0 in 2006–10, as it has nationally. The youngest areas are in the north, the oldest in the southeast.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 3.8% | 11.1% | 12.3% |
| 2010–14 | 4.2% | 11.0% | 12.3% |
| 2015–19 | 8.0% | 10.5% | 11.6% |
| 2020–24 | 8.0% | 10.7% | 11.6% |
| Change | +4.2 pts | −0.4 pts | −0.6 pts |
Single parents head only 8.0% of households in Lake Monticello, well below the national share of 11.6%. The single-parent share is up 4.2 points from 2006–10, even as the national share fell.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Lake Monticello
Renters in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 5.2% | 31.1% | 33.3% |
| 2010–14 | 14.3% | 33.3% | 35.6% |
| 2015–19 | 11.0% | 33.7% | 36.0% |
| 2020–24 | 4.9% | 32.7% | 34.8% |
| Change | −0.3 pts | +1.5 pts | +1.5 pts |
Lake Monticello is overwhelmingly a place of homeowners: only 4.9% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. About three in ten owners (29.3%) have paid off their mortgages, well below the national share of 39.8%. Only four of the 243 Virginia cities with 5,000+ people have a lower share of renters.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 10.7% | 10.3% | 11.4% |
| 2010–14 | 7.6% | 10.2% | 11.4% |
| 2015–19 | 5.1% | 9.7% | 11.1% |
| 2020–24 | 8.4% | 8.7% | 9.6% |
| Change | −2.3 pts | −1.6 pts | −1.8 pts |
About as many homes sit empty in Lake Monticello as nationally: 8.4%, against 9.6%. Vacancy has fallen 2.3 points since 2006–10, in line with the national trend.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 1994 | 1978 | 1974 |
| 2010–14 | 1995 | 1980 | 1975 |
| 2015–19 | 1996 | 1981 | 1977 |
| 2020–24 | 1998 | 1984 | 1980 |
| Change | +4 | +5 | +6 |
Much of the housing in Lake Monticello is relatively new: half of its homes were built after 1998, compared with 1980 for the U.S. as a whole. The median year built has moved up from 1994 in 2006–10, a sign of steady new building. Lake Monticello has newer homes than at least four in five Virginia cities.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | $1,254 | $1,143 | $965 |
| 2010–14 | $1,390 | $1,238 | $1,040 |
| 2015–19 | $1,548 | $1,436 | $1,213 |
| 2020–24 | $1,996 | $1,743 | $1,571 |
| Change | +$742 | +$600 | +$606 |
The median renter in Lake Monticello pays $1,996 a month for rent and utilities, well above the national median of $1,571. Rent has climbed $742 a month since 2006–10, up 59%, a slower climb than the nation's. Rent takes 26.5% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. Rents run highest in the northwest and lowest in the southeast.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Lake Monticello
Bachelor's degrees in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 36.7% | 35.2% | 28.4% |
| 2010–14 | 43.2% | 36.7% | 29.6% |
| 2015–19 | 46.0% | 39.3% | 32.1% |
| 2020–24 | 51.4% | 42.5% | 35.6% |
| Change | +14.7 pts | +7.3 pts | +7.2 pts |
Lake Monticello is highly educated: about half of adults 25 and older (51.4%) hold at least a bachelor's degree, far above the national share of 35.6%. The share with a degree is up 14.7 points from 2006–10, mirroring the country. College graduates are most concentrated in the east and least in the southwest.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 93.0% | 86.8% | 84.9% |
| 2010–14 | 94.5% | 88.3% | 86.1% |
| 2015–19 | 96.9% | 89.9% | 87.7% |
| 2020–24 | 98.2% | 91.6% | 89.3% |
| Change | +5.1 pts | +4.7 pts | +4.3 pts |
Finishing high school is nearly universal in Lake Monticello: 98.2% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. Since 2006–10, the share with a diploma has risen 5.1 points, mirroring the country. Only 14 of the 243 Virginia cities with 5,000+ people have a higher share of high school graduates.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Lake Monticello
| Period | Lake Monticello | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 2.8% | 6.0% | 8.1% |
| 2010–14 | 4.7% | 7.0% | 9.4% |
| 2015–19 | 2.7% | 4.7% | 5.6% |
| 2020–24 | 2.9% | 4.3% | 5.4% |
| Change | +0.1 pts | −1.7 pts | −2.7 pts |
Unemployment in Lake Monticello has been low: just 2.9% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Lake Monticello compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Lake Monticello | 2.65 | 43.7 | 8.0% | 4.9% | 8.4% | 1998 | $1,996 | 51.4% | 98.2% | 2.9% |
| Cunningham | 2.61 | 41.7 | 7.9% | 9.1% | 11.7% | 1999 | $1,495 | 33.4% | 95.7% | 5.3% |
| Palmyra | 2.60 | 46.2 | 5.9% | 11.4% | 10.3% | 1995 | $1,302 | 31.9% | 92.0% | 6.0% |
| Troy | 2.91 | 45.7 | 13.9% | 11.4% | 15.7% | 1993 | $1,386 | 33.2% | 91.7% | 1.5% |
| Wildwood | 2.29 | 50.1 | 4.1% | 11.4% | 4.9% | 1991 | $1,138 | 27.0% | 91.3% | 9.1% |
| Woodridge | 2.44 | 50.3 | 7.0% | 18.5% | 5.6% | 1985 | $1,206 | 37.5% | 93.1% | 0.9% |
| Keswick | 2.46 | 53.4 | 7.0% | 15.0% | 5.6% | 1996 | $1,747 | 63.1% | 95.8% | 5.5% |
| Wilmington | 2.25 | 52.6 | 3.6% | 18.5% | 7.0% | 1990 | $1,138 | 30.5% | 88.5% | 6.7% |
| Zion | 2.58 | 46.7 | 4.1% | 18.1% | 7.8% | 2005 | $1,769 | 55.0% | 96.1% | 3.9% |
| Zion Crossroads | 2.15 | 51.8 | 3.3% | 29.3% | 5.4% | 2011 | $1,788 | 62.1% | 96.7% | 5.0% |
| Scottsville | 2.57 | 44.9 | 7.4% | 19.8% | 11.0% | 1986 | $1,189 | 30.5% | 89.1% | 5.0% |
All figures 2020–24.
Cities with similar populations: Monticello, NY · Middlebury, VT · Middlefield, OH · Middlesex, NC · Middleton, MA · Middletown, KY · Midland, NC · Miles City, MT · Milton-Freewater, OR · Milton, PA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Lake Monticello. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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