HomeKentuckyWayne CountyMonticello city
Monticello city, Kentucky: commercial real estate data.
Monticello city is a Census city of 5,753 people across 6.09 square miles of land, in Wayne County. Median household income is $44,952, 53.8 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $4.7 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Monticello
What Monticello is
- Census place typecity
- Land area6.09 sq mi
- Water area0.04 sq mi
- Population per square mile of land945
- County holding the largest share of its areaWayne County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monticello
How many people live in Monticello
- Population5,753
- Median age40.6
- Population under 181,051 plus or minus 273
- Share under 1818.3 percent plus or minus 4.7
- Population 65 and over993
- Share 65 and over17.3 percent
- Households2,385
- Family households1,350
- Share of households that are families56.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monticello
Income and work in Monticello
- Median household income$44,952 plus or minus $11,358
- Per capita income$23,028
- Civilian labor force2,768
- Employed2,713
- Unemployed55 plus or minus 35
- Unemployment rate2.0 percent plus or minus 1.2
- Adults 25 and over4,319
- Adults 25 and over with a high school diploma or higher84.3 percent
- Adults 25 and over with a bachelor degree or higher13.3 percent plus or minus 4.3
- Adults 25 and over with a graduate degree6.6 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monticello
Housing in Monticello
- Housing units2,713
- Occupied units2,385
- Vacant units328 plus or minus 158
- Vacancy rate12.1 percent plus or minus 5.7
- Owner occupied1,284
- Renter occupied1,101 plus or minus 229
- Ownership rate53.8 percent
- Median owner-occupied home value$132,400
- Median gross rent, monthly$779
- Annual rent as a share of median income20.8 percent plus or minus 6.6
- Single family units2,015
- Share single family74.3 percent
- Units in buildings of two or more471 plus or minus 149
- Share in buildings of two or more17.4 percent plus or minus 5.3
- Mobile homes227 plus or minus 107
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monticello
How Monticello gets to work
- Workers 16 and over who commute2,095
- Commuting under 15 minutes1,219 plus or minus 281
- Share commuting under 15 minutes58.2 percent
- Commuting 30 minutes or more537 plus or minus 190
- Share commuting 30 minutes or more25.6 percent plus or minus 8.1
- Drove alone57.4 percent
- Carpooled17.6 percent plus or minus 8.3
- Public transport0.5 percent plus or minus 0.8
- Walked1.4 percent plus or minus 1.6
- Worked from home20.2 percent plus or minus 10.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monticello
SBA loans in Monticello (7(a))
- Approvals5
- Gross approval$4,701,500
- Average approval$940,300
- Median approval$375,000
- Ninetieth percentile approval$3,704,000
- Largest approval$3,704,000
- Jobs supported151
- Jobs per approval30.2
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wayne County, not Monticello
Wayne County context, not Monticello figures
These are Wayne County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Monticello measurements.
- Establishments in Wayne County284
- Employment at those establishments, Wayne County4,114
- Covered employment, Wayne County5,231
- Average annual pay, Wayne County$39,309
- Average weekly wage, Wayne County$756
- County product, 2024, Wayne County$560,157,000
- County product change over the prior year, Wayne County3.3 percent
- Average income of an arriving household, Wayne County$45,117
Every figure in this section is published for Wayne County as a whole and is not a measurement of Monticello. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Monticello questions, answered from the record.
How many people live in Monticello, Kentucky?
5,753, in 2,385 households. Monticello city covers 6.09 square miles of land, which is 945 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Monticello in?
Wayne County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Monticello?
$44,952. The median owner-occupied home is valued at $132,400. Median gross rent is $779 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Monticello businesses?
5 7(a) approvals totalling $4.7 m, across 4 lenders, median approval $375,000. These count approvals to borrowers whose address is in Monticello, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Monticello borrowers get paid back?
No rate is published for Monticello. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Monticello figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Monticello.
Is zoning published for Monticello?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.