Monticello is a city in Minnesota state in USA with a population of 13700 residents.. The poverty rate of Monticello is 9.5%, which is 32% lower than national average. The typical household in Monticello earns $71399 a year, compared to the national median of $67,500. Nearly 31.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Monticello, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monticello remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Monticello, only 21% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Monticello is 105, which is 5% higher than national average. Median home value in Monticello is $215600 , which is 6% lower than national average. While median income in Monticello remained $71399, which is 6% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.