Monticello, Kentucky is situated in Wayne county, and includes a population of 6499, and rests within the greater metro region. The median age is 36, with 14.9% of this populace under ten 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 town residents are male, 52.6% female. 36.4% of inhabitants are recorded as married married, with 20.2% divorced and 32.2% never married. The percent of people identified as widowed is 11.1%.
The work force participation rate in Monticello is 50.1%, with an unemployment rate of 11.2%. For anyone located in the labor force, the average commute time is 15.9 minutes. 4.9% of Monticello’s community have a graduate degree, and 9.6% have a bachelors degree. Among those without a college degree, 23% have some college, 33.9% have a high school diploma, and just 28.5% possess an education less than high school. 12.8% are not covered by medical health insurance.
The typical family unit size in Monticello, KY is 3.19 residential members, with 48.4% owning their very own homes. The average home appraisal is $101518. For individuals paying rent, they spend an average of $525 per month. 43.4% of homes have dual sources of income, and an average household income of $31639. Median income is $17852. 30.3% of inhabitants live at or below the poverty line, and 21% are considered disabled. 4.9% of citizens are ex-members associated with the military.
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