The average family size in Monticello, KY is 3.19 family members members, with 48.4% owning their own homes. The mean home appraisal is $101518. For those paying rent, they spend an average of $525 monthly. 43.4% of households have 2 incomes, and a typical household income of $31639. Average income is $17852. 30.3% of town residents are living at or beneath the poverty line, and 21% are considered disabled. 4.9% of residents of the town are ex-members of the US military.
Monticello, KY is located in Wayne county, and has a populace of 6499, and is part of the higher metropolitan area. The median age is 36, with 14.9% regarding the populace under 10 years old, 11.6% are between 10-19 years of age, 12% of citizens in their 20’s, 17% in their thirties, 7.9% in their 40’s, 11% in their 50’s, 11.1% in their 60’s, 7.2% in their 70’s, and 7.2% age 80 or older. 47.4% of inhabitants are men, 52.6% female. 36.4% of citizens are recorded as married married, with 20.2% divorced and 32.2% never wedded. The percent of residents identified as widowed is 11.1%.
The labor force participation rate in Monticello is 50.1%, with an unemployment rate of 11.2%. For all within the work force, the typical commute time is 15.9 minutes. 4.9% of Monticello’s residents have a masters degree, and 9.6% have earned a bachelors degree. Among the people without a college degree, 23% attended some college, 33.9% have a high school diploma, and just 28.5% have an education significantly less than senior school. 12.8% are not covered by medical health insurance.
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