A
5%
Income/capita NAT. AVG.
29%
Household income NAT. AVG.
59%
Unemployment NAT. AVG.
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IndexMonticelloMinnesotaNational
Income per capita$28,219$33,225$29,829
Median household income$71,399$63,217$55,322
Median income owner occupied$84,771$77,618$70,586
Median income renter occupied$51,204$34,348$35,192
Median earnings male$48,709$40,933$36,919
Median earnings female$34,250$29,114$26,250
Unemployment rate1.9%3.4%4.7%
Poverty level9.5%10.8%15.1%
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Key findings

  • The income per capita in Monticello is 5% lower than the national average
  • The median household income in Monticello is 29% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Monticello is 59% lower than the national average
  • The poverty level in Monticello is 37% lower than the national average

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      am i middle class

      $
      Input your household income
      $47,594 $71,399 $142,798
      City
      $42,140 $63,217 $126,434
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Monticello median earnings by income bracket

      Monticello employment by industry

      Labour TypeMaleFemale
      Construction industry12.7%12.7%
      Manufacturing sector28.8%28.8%
      Financial & insurance services1.9%1.9%
      Wholesale & retail services15.5%15.5%
      Public administration0.6%0.6%
      Transportation, warehousing & utilities5.4%5.4%
      Education, health & social services9.6%9.6%
      Other24.9%24.9%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Corcoran, MN6,113$138,848151.0%
      Rogers, MN13,183$133,988142.2%
      Greenfield, MN3,013$123,817123.8%
      Hanover, MN3,414$116,458110.5%
      Dayton, MN6,258$112,557103.5%
      Monticello, MN13,700$71,39929.1%

      Cities with similar population

      City Population Household Income National Avg.
      Short Hills, NJ13,700$250,001351.9%
      Alexandria, MN13,705$54,5721.4%
      Parksville, BC13,705n/a 
      McMinnville, TN13,707$36,33734.3%
      River Ridge, LA13,690$72,05630.2%
      Monticello, MN13,700$71,39929.1%
      Source: The Monticello, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).