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Living In Monticello, FL
A small town located in Florida, Monticello has a population of slightly more than 2,000. It's a comfortable place to settle down, as retirees account for a greater percentage of the population (24%) here than they do nationally (14%), while young adults are less well-represented. Renters tend to be in the minority in the area, and 64% of residents own their homes. With a relatively low average rent of $790 per month in the town, renting remains an affordable option, particularly compared to other cities in Florida. Each month, renters in Monticello will save around $363 compared to the state average.
Six percent of the population in Monticello works in healthcare, making it the most common industry. Monticello workers earn an average annual income of just over $47,000, around $19,000 less than the average Florida resident. The town's average income also falls below the national average of $73,345. Monticello has a relatively high number of residents older than 25 who have advanced degrees compared to the Florida average, as 8% possess a Master's or a Doctorate. Further, 7% have a Bachelor's degree.
Monticello has an average commute time of about 29 minutes. Many residents (26%) commute to work by car, while public transit is not used. Biking is the second-most common means of commuting to work, chosen by 1% of residents. Few residents walk to work.
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