The median household income in Monticello, KY in 2022 was $42,746, which was 38.8% less than the median annual income of $59,341 across the entire state of Kentucky. Compared to the median income of $17,423 in 2000 this represents an increase of 59.2%. The per capita income in 2022 was $20,667, which means an increase of 42.6% compared to 2000 when it was $11,855.
Whole page based on the data from 2000 / 2022 when the population of Monticello, Kentucky was 5,981 / 5,782
Income statistics for all residents
Median household income in Monticello, KY in 2022:
Monticello:
$42,746
Kentucky:
$59,341
Change in median household income between 2000 and 2022:
Monticello, Kentucky:
+145.3%
State:
+76.2%
Number of households with income < $10k:
Monticello:
13.1% (316)
State:
6.8% (123,697)
Number of households with income $10k - 20k:
Monticello:
13.7% (329)
Kentucky:
10.0% (182,645)
Number of households with income $20k - 30k:
Monticello:
14.7% (354)
State:
9.0% (164,092)
Number of households with income $30k - 40k:
Monticello:
7.3% (176)
State:
9.1% (165,607)
Number of households with income $40k - 50k:
Monticello:
9.2% (222)
State:
8.0% (146,315)
Number of households with income $50k - 60k:
Monticello:
8.4% (202)
State:
7.7% (140,671)
Number of households with income $60k - 75k:
Monticello:
11.2% (269)
State:
9.8% (180,002)
Number of households with income $75k - 100k:
Monticello:
10.6% (255)
State:
12.6% (230,239)
Number of households with income $100k - 125k:
Monticello:
3.6% (87)
Kentucky:
9.0% (164,398)
Number of households with income $125k - 150k:
Monticello:
7.1% (170)
Kentucky:
5.9% (108,602)
Number of households with income $150k - 200k:
Monticello:
1.2% (28)
State:
6.2% (112,813)
Number of households with income > $200k:
Monticello:
0.0% (0)
State:
6.0% (109,599)
Aggregate household income in Monticello in 2022: $117,908,842
Median family income in Monticello in 2022:
Monticello:
$53,766
Kentucky:
$76,119
Number of families with income < $10k:
Monticello:
7.4% (111)
Kentucky:
4.3% (50,255)
Number of families with income $10k - 20k:
Monticello:
4.9% (74)
State:
5.4% (62,899)
Number of families with income $20k - 30k:
Monticello:
12.0% (181)
State:
6.5% (76,765)
Number of families with income $30k - 40k:
Monticello:
9.0% (135)
State:
8.1% (95,183)
Number of families with income $40k - 50k:
Monticello:
15.2% (229)
State:
7.1% (83,575)
Number of families with income $50k - 60k:
Monticello:
8.4% (127)
State:
7.4% (86,258)
Number of families with income $60k - 75k:
Monticello:
11.1% (167)
State:
10.3% (121,229)
Number of families with income $75k - 100k:
Monticello:
12.7% (191)
State:
14.7% (172,722)
Number of families with income $100k - 125k:
Monticello:
5.9% (88)
State:
11.5% (134,935)
Number of families with income $125k - 150k:
Monticello:
11.6% (174)
Kentucky:
7.9% (93,107)
Number of families with income $150k - 200k:
Monticello:
1.9% (28)
State:
8.4% (98,984)
Median non-family income in Monticello in 2022:
Monticello:
$20,889
State:
$33,993
Change in median non-family income between 2000 and 2022:
Monticello, Kentucky:
+128.2%
Kentucky:
+79.2%
Median per capita income in Monticello in 2022:
Monticello:
$20,668
State:
$33,980
Change in median per capita income between 2000 and 2022:
Monticello, Kentucky:
+74.3%
Kentucky:
+87.8%
Income statistics for White residents
Median household income in Monticello, KY in 2022:
Monticello:
$44,041
Kentucky:
$60,987
Change in median household income between 2000 and 2022:
Monticello, Kentucky:
+134.2%
State:
+76.2%
Number of households with income < $10k:
Monticello:
11.9% (254)
Kentucky:
6.2% (96,690)
Number of households with income $10k - 20k:
Monticello:
14.5% (309)
State:
9.7% (151,125)
Number of households with income $20k - 30k:
Monticello:
9.8% (209)
Kentucky:
8.9% (139,532)
Number of households with income $30k - 40k:
Monticello:
8.4% (178)
State:
9.1% (142,284)
Number of households with income $40k - 50k:
Monticello:
8.8% (188)
Kentucky:
7.7% (121,151)
Number of households with income $50k - 60k:
Monticello:
9.3% (199)
State:
7.7% (119,790)
Number of households with income $60k - 75k:
Monticello:
12.3% (263)
Kentucky:
9.9% (154,174)
Number of households with income $75k - 100k:
Monticello:
11.8% (251)
State:
12.8% (199,740)
Number of households with income $100k - 125k:
Monticello:
4.1% (87)
State:
9.4% (146,284)
Number of households with income $125k - 150k:
Monticello:
7.7% (164)
State:
6.0% (94,180)
Number of households with income $150k - 200k:
Monticello:
1.3% (28)
State:
6.4% (100,702)
Number of households with income > $200k:
Monticello:
0.0% (0)
State:
6.3% (98,502)
Aggregate household income in Monticello in 2022: $110,218,640
Median family income in Monticello in 2022:
Monticello:
$57,008
Kentucky:
$78,353
Number of families with income < $10k:
Monticello:
7.0% (99)
State:
3.7% (37,075)
Number of families with income $10k - 20k:
Monticello:
4.8% (69)
State:
4.9% (49,864)
Number of families with income $20k - 30k:
Monticello:
10.0% (142)
Kentucky:
6.4% (64,043)
Number of families with income $30k - 40k:
Monticello:
9.6% (136)
State:
8.0% (81,080)
Number of families with income $40k - 50k:
Monticello:
15.2% (217)
State:
6.9% (69,099)
Number of families with income $50k - 60k:
Monticello:
8.7% (124)
State:
7.2% (72,955)
Number of families with income $60k - 75k:
Monticello:
11.5% (163)
State:
10.4% (104,587)
Number of families with income $75k - 100k:
Monticello:
13.3% (189)
State:
15.0% (151,545)
Number of families with income $100k - 125k:
Monticello:
6.1% (87)
State:
11.9% (120,340)
Number of families with income $125k - 150k:
Monticello:
11.8% (168)
Kentucky:
8.1% (81,620)
Number of families with income $150k - 200k:
Monticello:
2.0% (28)
State:
8.8% (89,097)
Median non-family income in Monticello in 2022:
Monticello:
$14,204
State:
$34,415
Change in median non-family income between 2000 and 2022:
Monticello, Kentucky:
+39.1%
State:
+78.3%
Median per capita income in Monticello in 2022:
Monticello:
$22,335
Kentucky:
$35,352
Change in median per capita income between 2000 and 2022:
Monticello, Kentucky:
+80.6%
State:
+90.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Monticello:
78.0% (32)
State:
12.3% (17,072)
Number of households with income $10k - 20k:
Monticello:
0.0% (0)
Kentucky:
13.6% (18,796)
Number of households with income $20k - 30k:
Monticello:
0.0% (0)
State:
10.9% (15,069)
Number of households with income $30k - 40k:
Monticello:
0.0% (0)
State:
9.0% (12,510)
Number of households with income $40k - 50k:
Monticello:
22.0% (9)
Kentucky:
10.2% (14,121)
Number of households with income $50k - 60k:
Monticello:
0.0% (0)
State:
8.1% (11,147)
Number of households with income $60k - 75k:
Monticello:
0.0% (0)
Kentucky:
8.9% (12,361)
Number of households with income $75k - 100k:
Monticello:
0.0% (0)
State:
10.1% (14,009)
Number of households with income $100k - 125k:
Monticello:
0.0% (0)
Kentucky:
6.1% (8,400)
Number of households with income $125k - 150k:
Monticello:
0.0% (0)
Kentucky:
4.3% (5,950)
Number of households with income $150k - 200k:
Monticello:
0.0% (0)
State:
4.0% (5,560)
Number of households with income > $200k:
Monticello:
0.0% (0)
State:
2.5% (3,413)
Aggregate household income in Monticello in 2022: $4,177,622
Median per capita income in Monticello in 2022:
Monticello:
$9,634
State:
$27,117
Change in median per capita income between 2000 and 2022:
Monticello, Kentucky:
+10.1%
Kentucky:
+104.9%
Income statistics for Hispanic or Latino residents
Median household income in Monticello, KY in 2022:
Monticello:
$27,230
State:
$57,971
Change in median household income between 2000 and 2022:
Monticello, Kentucky:
+146.9%
State:
+96.2%
Number of households with income < $10k:
Monticello:
4.4% (6)
Kentucky:
7.0% (3,568)
Number of households with income $10k - 20k:
Monticello:
0.0% (0)
State:
5.5% (2,811)
Number of households with income $20k - 30k:
Monticello:
81.6% (111)
State:
9.1% (4,637)
Number of households with income $30k - 40k:
Monticello:
0.0% (0)
Kentucky:
10.0% (5,109)
Number of households with income $40k - 50k:
Monticello:
14.0% (19)
Kentucky:
10.3% (5,241)
Number of households with income $50k - 60k:
Monticello:
0.0% (0)
State:
9.1% (4,609)
Number of households with income $60k - 75k:
Monticello:
0.0% (0)
State:
12.4% (6,299)
Number of households with income $75k - 100k:
Monticello:
0.0% (0)
Kentucky:
12.9% (6,562)
Number of households with income $100k - 125k:
Monticello:
0.0% (0)
Kentucky:
8.0% (4,066)
Number of households with income $125k - 150k:
Monticello:
0.0% (0)
Kentucky:
5.3% (2,685)
Number of households with income $150k - 200k:
Monticello:
0.0% (0)
Kentucky:
4.3% (2,173)
Number of households with income > $200k:
Monticello:
0.0% (0)
Kentucky:
6.1% (3,099)
Aggregate household income in Monticello in 2022: $5,289,073
Median family income in Monticello in 2022:
Monticello:
$22,701
State:
$58,603
Number of families with income < $10k:
Monticello:
12.5% (6)
State:
5.3% (1,907)
Number of families with income $20k - 30k:
Monticello:
87.5% (40)
State:
9.4% (3,414)
Median non-family income in Monticello in 2022:
Monticello:
$28,928
Kentucky:
$43,780
Median per capita income in Monticello in 2022:
Monticello:
$8,855
State:
$24,650
Income statistics for Multirace residents
Number of households with income < $10k:
Monticello:
24.1% (20)
State:
8.3% (6,780)
Number of households with income $10k - 20k:
Monticello:
18.1% (15)
Kentucky:
11.0% (9,005)
Number of households with income $20k - 30k:
Monticello:
22.9% (19)
Kentucky:
8.6% (7,004)
Number of households with income $30k - 40k:
Monticello:
0.0% (0)
State:
9.0% (7,406)
Number of households with income $40k - 50k:
Monticello:
34.9% (29)
Kentucky:
8.2% (6,707)
Number of households with income $50k - 60k:
Monticello:
0.0% (0)
Kentucky:
7.4% (6,048)
Number of households with income $60k - 75k:
Monticello:
0.0% (0)
State:
11.2% (9,202)
Number of households with income $75k - 100k:
Monticello:
0.0% (0)
State:
11.9% (9,767)
Number of households with income $100k - 125k:
Monticello:
0.0% (0)
State:
7.1% (5,846)
Number of households with income $125k - 150k:
Monticello:
0.0% (0)
Kentucky:
6.9% (5,667)
Number of households with income $150k - 200k:
Monticello:
0.0% (0)
State:
5.1% (4,171)
Number of households with income > $200k:
Monticello:
0.0% (0)
State:
5.2% (4,241)
Aggregate household income in Monticello in 2022: $2,961,937
Median per capita income in Monticello in 2022:
Monticello:
$7,213
State:
$25,670
Income statistics for other residents
Median household income in Monticello, KY in 2022:
Monticello:
$26,293
State:
$54,740
Number of households with income < $10k:
Monticello:
0.0% (0)
State:
7.2% (1,360)
Number of households with income $10k - 20k:
Monticello:
0.0% (0)
State:
8.0% (1,524)
Number of households with income $20k - 30k:
Monticello:
100.0% (141)
Kentucky:
8.6% (1,635)
Number of households with income $30k - 40k:
Monticello:
0.0% (0)
State:
11.1% (2,110)
Number of households with income $40k - 50k:
Monticello:
0.0% (0)
Kentucky:
12.0% (2,269)
Number of households with income $50k - 60k:
Monticello:
0.0% (0)
State:
5.1% (964)
Number of households with income $60k - 75k:
Monticello:
0.0% (0)
State:
13.0% (2,456)
Number of households with income $75k - 100k:
Monticello:
0.0% (0)
State:
17.5% (3,305)
Number of households with income $100k - 125k:
Monticello:
0.0% (0)
State:
7.6% (1,433)
Number of households with income $125k - 150k:
Monticello:
0.0% (0)
State:
3.4% (649)
Number of households with income $150k - 200k:
Monticello:
0.0% (0)
Kentucky:
4.4% (833)
Number of households with income > $200k:
Monticello:
0.0% (0)
Kentucky:
2.1% (395)
Aggregate household income in Monticello in 2022: $3,645,668
Median per capita income in Monticello in 2022:
Monticello:
$9,066
State:
$20,913
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