HomeMinnesotaWright CountyMonticello
Monticello, Minnesota: commercial real estate data.
Monticello 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 since FY2020.
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$1,169,360
- 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
Counted by borrower city: approvals to borrowers whose address is in Monticello, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
Counted by borrower city: approvals to borrowers whose address is in Monticello, in any county, FY2010 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monticello
Flood risk in Monticello
- NFIP communityCity of Monticello
- NFIP community number270541
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/20/24
The City of Monticello participates in the National Flood Insurance Program as community 270541 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Wright County, not Monticello
Wright County context, not Monticello figures
- Establishments in Wright County3,680
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Housing units permitted, Wright County1,264
Every figure in this section is published for Wright County as a whole and is not a measurement of Monticello.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $26.8 m since FY2020, across 21 lenders, median approval $150,000, plus 25 504 approvals worth $23.1 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Monticello in the National Flood Insurance Program?
Yes. Monticello appears in the FEMA Community Status Book as Monticello, city of, community 270541, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Monticello figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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