The Lake Monticello Census Designated Place had a population of 10,561 as of July 1, 2020.
The primary coordinate point for Lake Monticello is located at latitude 37.9232 and longitude -78.3347 in Fluvanna County. The formal boundaries for the Lake Monticello Census Designated Place encompass a land area of 8.85 sq. miles and a water area of 0.62 sq. miles. Fluvanna County is in the Eastern time zone (GMT -5). The elevation is 371 feet.
The Lake Monticello Census Designated Place (GNIS ID: 2390022) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
|Total Population||10,561 (100%)|
|Population in Households||10,561 (100.0%)|
|Population in Families||9,215 (87.3%)|
|Population in Group Quarters1||0|
|Median Household Income||$76,317|
|Average Household Income||$94,569|
|% of Income for Mortgage4||13%|
|Per Capita Income||$36,992|
|Total HU (Housing Units)||4,521 (100%)|
|Owner Occupied HU||3,515 (77.7%)|
|Renter Occupied HU||609 (13.5%)|
|Vacant Housing Units||397 ( 8.8%)|
|Median Home Value||$241,730|
|Average Home Value||$272,703|
|Housing Affordability Index3||185|
|Average Household Size||2.56|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.91%|
|Per Capita Income||1.86%|
|Owner Occupied HU||0.63%|
The table below compares Lake Monticello to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 120||80th|
|Population Density||# 207||65th|
|Median Household Income||# 169||72nd|
|Housing Affordability Index||# 380||64th|
|Per Capita Income||# 171||71st|
|Diversity Index||# 429||28th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.