Lake Monticello, Virginia Population 2021

10,862
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Lake Monticello is a city located in Virginia. Lake Monticello has a 2020 population of 10,862. Lake Monticello is currently declining at a rate of 0.00% annually and its population has increased by 9.50% since the most recent census, which recorded a population of 9,920 in 2010. Lake Monticello reached it's highest population of 10,862 in 2019.

The average household income in Lake Monticello is $116,030 with a poverty rate of 4.14%. The median rental costs in recent years comes to $1,571 per month, and the median house value is $228,900. The median age in Lake Monticello is 43.5 years, 43.2 years for males, and 43.7 years for females.

Lake Monticello Demographics

According to the most recent ACS, the racial composition of Lake Monticello was:

  • White: 81.72%
  • Black or African American: 10.26%
  • Two or more races: 3.89%
  • Asian: 2.13%
  • Other race: 1.73%
  • Native Hawaiian or Pacific Islander: 0.28%
  • Native American: 0.00%
The current population of Lake Monticello, Virginia is 10,862 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 10,210.The last official US Census in 2010 recorded the population at 9,920.

Lake Monticello, Virginia Population 2021

Population by Race

Race Population Percentage
White8,87681.72%
Black or African American1,11410.26%
Two or More Races4233.89%
Asian2312.13%
Some Other Race1881.73%
Native Hawaiian and Other Pacific Islander300.28%
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Lake Monticello Population by Race

Lake Monticello Population Pyramid $2021

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Lake Monticello Median Age

43.5


Total

43.2


Male

43.7


Female

Lake Monticello Adults

There are 8,429 adults, (2,437 of whom are seniors) in Lake Monticello.

Lake Monticello Age Dependency

81.3

Age Dependency Ratio

40.7

Old Age Dependency Ratio

40.6

Child Dependency Ratio

Lake Monticello Sex Ratio

Female

5,922

54.52%

Male

4,940

45.48%

Lake Monticello Population by Age

Lake Monticello Renter vs Owner Occupied by Household Type

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Lake Monticello Household Types

Type Owner Renter
Male100%0%
Married92.1%7.9%
All88.3%11.7%
Non Family80.1%19.9%
Female74.5%25.5%

88.3%

Rate of Home Ownership

Lake Monticello Households and Families

Type Count Average Size Owned
All4,2422.5688.3
Married2,7472.9392.1
Non Family1,0561.1380.1
Female2753.5974.5
Male1643.94100

2.89

Average Family Size

2.56

Average Household Size

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Lake Monticello Households by Type

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Education Attained Count Percentage
Less Than 9th Grade1391.82%
9th to 12th Grade841.10%
High School Graduate99613.06%
Some College2,08327.32%
Associates Degree85111.16%
Bachelors Degree1,79723.57%
Graduate Degree1,67421.96%
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Lake Monticello Educational Attainment by Sex (over 25)

Lake Monticello Educational Attainment by Race

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Race Total High School Bachelors
White6,4676,3032,942
Black719706369
Hispanic20918669
Asian15210661
2+ Races11711747
Other Race6868
Islander303030

The highest rate of high school graduation is among islander people with a rate of 100.00%.

The highest rate of bachelors degrees is among islander people with a rate of 100.00%.

Lake Monticello Educational Attainment by Race

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Name Average Male Female
Overall$47,426$62,636$42,146
Less Than 9th Grade$$40,341$
High School Graduate$39,939$40,864$36,250
Some College$43,674$59,435$36,756
Bachelors Degree$58,646$74,291$44,722
Graduate Degree$72,188$93,563$47,300

$47,426

Average Earnings

$62,636

Average Male

$42,146

Average Female

Lake Monticello Earnings by Educational Attainment

Lake Monticello Language by Age

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Lake Monticello Language

93.95% of Lake Monticello residents speak only English, while 6.05% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 2.73% of the population.

Lake Monticello Language

Lake Monticello Poverty by Race

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Name Total In Poverty Poverty Rate
Hispanic36216445.30%
Other18816487.23%
White8,5281141.34%
Black1,114908.08%
Multiple4237016.55%

4.14%

Overall Poverty Rate

3.93%

Male Poverty Rate

4.31%

Female Poverty Rate

Poverty in Lake Monticello

The race most likely to be in poverty in Lake Monticello is Other, with 87.23% below the poverty level.

The race least likely to be in poverty in Lake Monticello is White, with 1.34% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.29%. Among those working part-time, it was 3.93%, and for those that did not work, the poverty rate was 5.38%.

Lake Monticello Poverty

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Name Poverty
High School10.64%
Less Than 9th Grade10.31%
Some College2.39%
Bachelors or Greater2.36%

Lake Monticello Poverty Rate by Education

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Rate Poverty
Male Employed2.73%
Female Employed1.98%
Female Unemployed0.00%
Male Unemployed0.00%

Lake Monticello Poverty Rate by Employment Status and Sex

Lake Monticello Income by Household Type

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Name Median Mean
Households$80,759$116,030
Families$97,361$135,203
Married Families$102,799-
Non Families$45,861$53,631
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Income by Household Type

Lake Monticello Marital Status

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Marriage Rates

62.1%

Overall Marriage Rate

68.3%

Male Marriage Rate

57.1%

Female Marriage Rate

Lake Monticello Married by Age and Sex

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Lake Monticello Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.

Lake Monticello Marital Status by Race

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Lake Monticello Marital Status

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896

Number of Veterans

840

Male Veterans

56

Female Veterans

War Veterans
Vietnam503
First Gulf War138
Second Gulf War69
Korea63
World War II

Lake Monticello Veterans by War

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Age Group Veterans
65 to 74355
75+225
55 to 64190
35 to 54106
18 to 3420

Lake Monticello Veterans by Age

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Name Veterans % of Total
White78811.31%
Black8810.09%
Hispanic2210.53%
2+ Races2011.17%

Lake Monticello Veterans by Race

Lake Monticello Veterans by Education

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0.00%

Veteran Poverty Rate

24.22%

Veteran Disability Rate

Lake Monticello Veterans by Education

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59.1%

Labor Force Participation

56.1%

Employment Rate

2.6%

Unemployment Rate

Lake Monticello Employment by Age

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Lake Monticello Employment by Race

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Lake Monticello Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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50.23%

Born in Lake Monticello

95.53%

Native Born

4.47%

Foreign Born

1.50%

Non Citizen

2.96%

Naturalized

Place of Birth

95.53% of Lake Monticello residents were born in the United States, with 50.23% having been born in Virginia. 1.50% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Lake Monticello Place of Birth

Year Population Growth Annual Growth Rate
202110,8620.00%
202010,8620.00%
201910,8626526.39%
201810,2104164.25%
20179,7941091.13%
20169,685560.58%
20159,629820.86%
20149,547340.36%
20139,513-460-4.61%
20129,973-186-1.83%
201110,1592392.41%
20109,9200.00%

Lake Monticello Population by Year