Monticello is located in Carver County, Minnesota. Monticello has a 2025 population of 3,372 . Monticello is currently growing at a rate of 0.63% annually and its population has increased by 2.4% since the most recent census, which recorded a population of 3,293 in 2020.
The average household income in Monticello is $135,573 with a poverty rate of 0.33%. The median age in Monticello is 41.7 years: 40 years for males, and 42.5 years for females. For every 100 females there are 112.1 males.
Data after 2023 is projected based on recent change
The racial composition of Monticello includes 87.75% White, 3.98% other race, and smaller percentages for Black or African American, Asian and multiracial populations.
White (87.75%)
Two or more races (5.7%)
Other race (3.98%)
Black or African American (1.93%)
Asian (0.63%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 2,909 | 87.75% |
| Two or more races | 189 | 5.7% |
| Other race | 132 | 3.98% |
| Black or African American | 64 | 1.93% |
| Asian | 21 | 0.63% |
Married
Widowed
Divorced
Separated
Never Married
Monticello's average per capita income is $63,712. Household income levels show a median of $114,023. The poverty rate stands at 0.33%.
Name | Median | Mean |
|---|---|---|
| Married Families | $120,395 | - |
| Families | $120,197 | $137,383 |
| Households | $114,023 | $135,573 |
| Non Families | $66,500 | $120,077 |
Average Income
Median Household Income
Poverty Rate