HomeMinnesotaWright CountyMonticello city
Monticello city, Minnesota: commercial real estate data.
Monticello city is a Census city of 14,858 people across 9.15 square miles of land, in Wright County. Median household income is $79,534, 64.7 percent of occupied homes are owned, and the SBA record carries 43 7(a) approvals to borrowers here worth $26.8 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Monticello
What Monticello is
- Census place typecity
- Land area9.15 sq mi
- Water area0.34 sq mi
- Population per square mile of land1,625
- County holding the largest share of its areaWright 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
- Population14,858
- Median age34.1
- Population under 183,918
- Share under 1826.4 percent
- Population 65 and over1,602
- Share 65 and over10.8 percent
- Households5,695
- Family households3,643
- Share of households that are families64.0 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$79,534
- Per capita income$37,838
- Civilian labor force8,533
- Employed8,287
- Unemployed246 plus or minus 109
- Unemployment rate2.9 percent plus or minus 1.3
- Adults 25 and over9,346
- Adults 25 and over with a high school diploma or higher88.0 percent
- Adults 25 and over with a bachelor degree or higher23.5 percent
- Adults 25 and over with a graduate degree7.2 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monticello
Housing in Monticello
- Housing units5,766
- Occupied units5,695
- Vacant units71 plus or minus 74
- Vacancy rate1.2 percent plus or minus 1.3
- Owner occupied3,683
- Renter occupied2,012
- Ownership rate64.7 percent
- Median owner-occupied home value$323,700
- Median gross rent, monthly$1,405
- Annual rent as a share of median income21.2 percent
- Single family units3,821
- Share single family66.3 percent
- Units in buildings of two or more1,440 plus or minus 303
- Share in buildings of two or more25.0 percent plus or minus 5.1
- Mobile homes505 plus or minus 143
- Median year structure built1999
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 commute6,943
- Commuting under 15 minutes1,885 plus or minus 456
- Share commuting under 15 minutes27.1 percent plus or minus 6.2
- Commuting 30 minutes or more2,761
- Share commuting 30 minutes or more39.8 percent
- Drove alone72.5 percent
- Carpooled10.9 percent plus or minus 3.4
- Public transport0.1 percent plus or minus 0.1
- Walked1.9 percent plus or minus 1.2
- Worked from home13.2 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Monticello
SBA loans in Monticello (7(a))
- Approvals43
- Gross approval$26,756,000
- Average approval$622,233
- Median approval$150,000
- Ninetieth percentile approval$1,186,700
- Largest approval$5,000,000
- Jobs supported525
- Jobs per approval12.2
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more18.6 percent
- Share to franchises7.0 percent
- Distinct lenders21
- Distinct industries by NAICS31
A charge-off rate is not published here. only 5 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.
Monticello
SBA loans in Monticello (504)
- Approvals25
- Gross approval$23,098,000
- Average approval$923,920
- Median approval$679,000
- Largest approval$5,500,000
- Jobs supported322
- Loans with a final outcome6
- Charged off0
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wright County, not Monticello
Wright County context, not Monticello figures
These are Wright 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 Wright County3,680
- Employment at those establishments, Wright County42,944
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Average weekly wage, Wright County$1,077
- Housing units permitted, Wright County1,264
- Of those, single family, Wright County1,032
- County product, 2024, Wright County$7,314,179,000
- County product change over the prior year, Wright County6.5 percent
- Average income of an arriving household, Wright County$79,885
Every figure in this section is published for Wright 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 Census Bureau, Building Permits Survey, 2024 annual. 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, Minnesota?
14,858, in 5,695 households. Monticello city covers 9.15 square miles of land, which is 1,625 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?
Wright 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?
$79,534. The median owner-occupied home is valued at $323,700. Median gross rent is $1,405 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?
43 7(a) approvals totalling $26.8 m, across 21 lenders, median approval $150,000, plus 25 504 approvals worth $23.1 m. 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 5 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 Wright 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.
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