Lake Monticello, Virginia Housing

Lake Monticello, Virginia has a population of 11,218, with a median household income of $86,111.

Current housing data for Lake Monticello.

$388,600

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Population

11,218

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Median Income

$86,111

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Unemployment

2.80%

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Housing Price

$388,600

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Crime Rate

4.30

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Internet Speed

226.50 Mbps

Lake Monticello is a small local community located in Virginia. The city has a population that is above the average city population in Virginia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Virginia, Lake Monticello provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Lake Monticello has a population of 11,218, which is higher than the state average. This indicates a relatively larger urban presence within Virginia.

Income and Economy

The median household income in Lake Monticello is $86,111, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lake Monticello average around $388,600, which is relatively high compared to other cities in Virginia.

Employment and Safety

The unemployment rate in Lake Monticello is 2.80%, which is lower than the state average, indicating a relatively strong job market. Lake Monticello has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Virginia, Lake Monticello shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Virginia, Lake Monticello contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Lake Monticello

What is the population of Lake Monticello?

The population of Lake Monticello is approximately 11,218.

Is Lake Monticello a good place to live?

Lake Monticello offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lake Monticello?

The median household income in Lake Monticello is around $86,111.

How expensive is housing in Lake Monticello?

The average housing price in Lake Monticello is approximately $388,600.