City profile · Virginia · Census ACS 2023

Lake Monticello, VA

Population, income, housing, safety, climate and schools for Lake Monticello - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

10,820
Residents
$101,363
Median income
$288,300
Median home
$1,824
Median rent (state)

Lake Monticello - the verdict

Out of every US city with 1,000+ residents, Lake Monticello places in the 79th percentile for household income. Source: Census ACS.

79th
percentile, household income
63rd
percentile, home value
77th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Lake Monticello, VA

Virginia's Lake Monticello is a small town, with 10,820 residents per the latest Census Bureau ACS figures. Median household income here is $101,363 per year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 3.3%. Lake Monticello's housing stock carries a median value of $288,300, and the median resident age is 40.7 years. 49.8% of adults here have a bachelor's degree or higher; 60.2% of working-age residents are in the labor force.

Virginia tracks close to the national cost-of-living baseline: the state registers 101.1 on a 100-equals-national-average index (Near Average) per BEA Regional Price Parities 2024. HUD Fair Market Rent for a typical two-bedroom in this state is $1,824 per month. Statewide, average monthly utility bills in Virginia run around $235, per EIA 2023 residential energy data. On FEMA's National Risk Index, this area rates 13.5 out of 100 for natural-hazard exposure (Very Low).

Population

10,820 residents

Census ACS 2023 - Virginia

Median Household Income

$101,363 /yr

Poverty 3.3%

Cost of Living Index (state)

101.1 (US=100)

Near Average - BEA RPP 2024, Virginia average

How does Lake Monticello compare to other US cities?

Here's how Lake Monticello stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 79% higher than other cities
Home value 63% pricier than other cities
Median rent 77% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Lake Monticello against every qualifying US city; each in-state rank narrows that to Virginia only. Full formula and direction notes: methodology.

Virginia-relative analysis

Bachelor's Degree or Higher places Lake Monticello toward the top of Virginia's cities

Among the 618 Virginia cities PlainCities tracks with reported bachelor's degree or higher data, Lake Monticello ranks #146 - the 76th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Lake Monticello only against its own state's cities, not the full US field.

Median Household Income
#164 of 558
71st percentile in Virginia
Median Gross Rent
#154 of 619
71st percentile in Virginia
Median Home Value
#234 of 567
59th percentile in Virginia
Poverty Rate
#384 of 616
37th percentile in Virginia
Bachelor's Degree or Higher
#146 of 618
76th percentile in Virginia

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Virginia only, not a livability score. See the methodology for the source and calculation.

79thIncome percentile

79th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Lake Monticello's home value compares nationally

Median home value vs. every US city (population 1,000+)

$288,300 37th percentile more affordable than 37% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). This entry sits in this band. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Lake Monticello $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Lake Monticello, VA Lake Monticello, VA's reported median household income shown against the U.S. national quintile-share pattern (not Lake Monticello, VA-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Lake Monticello, VA median $101,363/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Lake Monticello, VA's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Lake Monticello, VA. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 49.8%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 3.3%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 60.2%

Census ACS S2301, share of working-age residents in the labor force

Population
10,820
Median Income
$101,363
Median Home Value
$288,300
Median Age
40.7
Poverty Rate
3.3%
Labor force participation
60.2%
Bachelor's Degree+
49.8%

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
68.4%
Carpool
9.3%
Public Transit
0.0%
Walk
1.8%
Work from Home
18.0%
Other
2.5%

Based on 5,135 workers 16 and over.

Monthly Utility Costs

State-average estimates for Virginia - EIA 2023 residential energy data

Electricity
$115
avg/month
Natural Gas
$70
avg/month
Water & Sewer
$50
avg/month
Total Utilities
$235
estimated/month

Estimates reflect Virginia state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Virginia state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Lake Monticello sits in

Cost of Living Index
101.1
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,824/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
13.5 / 100
Very Low
FEMA NRI composite score (county)

Similar Cities in Virginia

Lake Barcroft
10,678 people
Yorkshire
10,678 people
Gloucester Point
11,159 people
Lowes Island
11,199 people
Madison Heights
10,398 people
Triangle
11,265 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Lake Monticello's 10,820 residents (Census ACS 5-Year 2023).

Garden, SC
10,820 people
Montgomery, OH
10,816 people
De Witt, NY
10,815 people
Citrus, CA
10,813 people
Peru, IN
10,835 people
Nantucket, MA
10,837 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Lake Monticello's $101,363 (Census ACS 5-Year 2023, table B19013).

Langdon Place, KY
$101,364 median income
Pascoag, RI
$101,359 median income
Cammack, AR
$101,369 median income
Fruitland, IA
$101,375 median income
St. Clair, MN
$101,375 median income
Fearrington, NC
$101,384 median income

Race & Ethnicity Composition

Race and ethnicity - Lake Monticello, VA Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Lake Monticello, VA - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 80.6% 6.5% 9.7% ETHNICITY, Hispanic or Latino (any race) 6.9% White 80.6% Black or African American 6.5% Asian 0.4% American Indian 0.0% Native Hawaiian 0.0% Some other race 2.8% Two or more races 9.7% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Lake Monticello compares to nearby Virginia cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Lake Monticello (this city) 10,820 $101,363
Lake Barcroft 10,678 $143,796
Yorkshire 10,678 $107,283
Gloucester Point 11,159 $71,589
Census ACS 5-year FIPS VA OMB Bulletin 23-01

What do people ask about Lake Monticello, VA?

What is the population of Lake Monticello, VA? +

Lake Monticello, VA has a population of 10,820 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Lake Monticello, VA? +

Lake Monticello households earn a median of $101,363 annually, based on Census ACS 2023 data.

What is the cost of living in Lake Monticello? +

BEA does not publish a city-level cost-of-living figure for Lake Monticello; the closest available measure is the Virginia state average, a cost of living index of 101.1 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Virginia vary by metro area.

What is the median home value in Lake Monticello, VA? +

The median home value in Lake Monticello is $288,300, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

Verify with HUD →

Verify with FBI →

Verify with NOAA →

Verify with U.S. Census Bureau →

Verify with EPA →

Verify with FEMA →

Verify with BEA →

Verify with EIA →

Verify with NCES →

Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.