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Living In Lake Monticello, VA

Lake Monticello, Virginia is a small city with slightly more than 10,000 residents. Retirees account for a greater percentage of the population (22%) here than nationally (14%), while young adults are less well-represented. Renters tend to be in the minority in Lake Monticello, and 82% of residents own their homes. With an average rent of $1,447 a month, exceeding the state average by $162 per month, relatively high rent costs may be playing a role in the higher levels of ownership.

With an average commute time of about 35 minutes, slower than most cities in the state, Lake Monticello residents have found that getting to work takes some patience. Driving is the typical way to get to work, chosen by 42% of residents, while public transportation isn't used widely. Walking isn't a common method of commuting to work.

Lake Monticello has a high concentration of residents older than 25 who have advanced degrees compared to the national average (7%), as 14% have earned a Master's or a Doctoral degree. In addition, 16% have earned a Bachelor's degree, which also outpaces the national average. Many Lake Monticello residents work in one of three industries: healthcare, retail, and education. Together, these industries make up 21% of the city's labor force. Meanwhile, looking at job function, 8% of the city's population works in management, making it the top field in the city. With an average annual income of around $85K, Lake Monticello workers earn roughly the same as the average Virginia resident. However, Lake Monticello compares more favorably to the national average ($73,345).

Frequently Asked Questions About Lake Monticello

Looking for a cheap Lake Monticello apartment?

For the best deal, we recommend using our cheap apartments filter.

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How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Lake Monticello, VA Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Lake Monticello apartment?

If you have a dog or cat, you'll need to find an apartment in Lake Monticello that accepts pets. Apply Apartment Guide's pet friendly filter to see only Lake Monticello apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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