Lake Monticello, Virginia Population 2020

10,210
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Lake Monticello is a city located in Virginia. Lake Monticello has a 2020 population of 10,210. Lake Monticello is currently declining at a rate of 0.00% annually and its population has increased by 2.92% since the most recent census, which recorded a population of 9,920 in 2010. Lake Monticello reached it's highest population of 10,210 in 2018.

The average household income in Lake Monticello is $116,444 with a poverty rate of 2.67%. The median rental costs in recent years comes to $1,406 per month, and the median house value is $225,900. The median age in Lake Monticello is 43.7 years, 42.9 years for males, and 43.9 years for females. For every 100 females there are 86.0 males.

Lake Monticello Demographics

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

  • White: 82.45%
  • Black or African American: 9.68%
  • Two or more races: 3.85%
  • Asian: 3.47%
  • Native Hawaiian or Pacific Islander: 0.29%
  • Other race: 0.26%
  • Native American: 0.00%
The current population of Lake Monticello, Virginia is 10,210, 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 2020

Population by Race

Race Population Percentage
White8,41882.45%
Black or African American9889.68%
Two or More Races3933.85%
Asian3543.47%
Native Hawaiian and Other Pacific Islander300.29%
Some Other Race270.26%
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Lake Monticello Population Pyramid 2020

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Lake Monticello Median Age

43.7


Total

42.9


Male

43.9


Female

Lake Monticello Adults

There are 7,989 adults, (2,354 of whom are seniors) in Lake Monticello.

Lake Monticello Age Dependency

81.2

Age Dependency Ratio

41.8

Old Age Dependency Ratio

39.4

Child Dependency Ratio

Lake Monticello Sex Ratio

Female

5,490

53.77%

Male

4,720

46.23%

Lake Monticello Households and Families

Lake Monticello Renter vs Owner Occupied by Household Type

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Lake Monticello Household Types

Type Owner Renter
Male100%0%
Married91%9%
All86.8%13.2%
Non Family78.9%21.1%
Female66%34%

86.8%

Rate of Home Ownership

Type Count Average Size Owned
All4,1372.4786.8
Married2,6572.8691
Non Family1,1081.0978.9
Female2153.1666
Male1574.52100

2.9

Average Family Size

2.47

Average Household Size

2.2%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

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Lake Monticello Education

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Education Attained Count Percentage
Less Than 9th Grade1441.95%
9th to 12th Grade1091.48%
High School Graduate1,04714.20%
Some College1,64222.27%
Associates Degree90912.33%
Bachelors Degree1,78124.15%
Graduate Degree1,74223.62%
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Lake Monticello Educational Attainment by Race

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Name Total High School Bachelors
White6,2076,0362,948
Black735715376
Asian22816696
Hispanic13811174
Multiple Races11811854
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%.

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Name Average Male Female
Overall$49,117$61,743$45,065
Less Than High School$$$8,929
High School Grad$40,208$40,885$38,194
Some College$45,849$56,719$40,305
Bachelors Degree$63,147$74,115$53,661
Graduate Degree$71,829$84,904$51,471

$49,117

Average Earnings

$61,743

Average Male

$45,065

Average Female

Lake Monticello Language

Lake Monticello Language by Age

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Lake Monticello Language

94.99% of Lake Monticello residents speak only English, while 5.01% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 2.35% of the population.

Lake Monticello Poverty

Lake Monticello Poverty by Race

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Name Total In Poverty Poverty Rate
Black98813914.07%
Multiple3937719.59%
White8,337560.67%

2.67%

Overall Poverty Rate

1.67%

Male Poverty Rate

3.53%

Female Poverty Rate

Poverty in Lake Monticello

The race most likely to be in poverty in Lake Monticello is Multiple, with 19.59% below the poverty level.

The race least likely to be in poverty in Lake Monticello is White, with 0.67% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.66%. Among those working part-time, it was 4.56%, and for those that did not work, the poverty rate was 3.87%.

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Name Poverty
Less Than High School7.91%
High School7.07%
Bachelors or Greater2.16%
Some College1.25%
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Name Poverty
Female Employed2.36%
Male Employed1.67%
Female Unemployed0.00%
Male Unemployed0.00%

Lake Monticello Income

Lake Monticello Income by Household Type

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Name Median Mean
Households$77,732$116,444
Families$93,287$140,697
Married Families$99,363-
Non Families$39,580$47,430
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Lake Monticello Marital Status

Lake Monticello Marital Status

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Marriage Rates

64.0%

Overall Marriage Rate

68.6%

Male Marriage Rate

60.2%

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 Over 65, 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 Veterans

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965

Number of Veterans

956

Male Veterans

9

Female Veterans

War Veterans
Vietnam507
First Gulf War172
Korea100
Second Gulf War89
World War II
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Age Group Veterans
65 to 74284
75+268
55 to 64198
35 to 54172
18 to 3443
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Name Veterans % of Total
White83012.59%
Black11213.56%
2 or More2312.23%
Hispanic1913.77%

Lake Monticello Veterans by Education

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0.00%

Veteran Poverty Rate

28.81%

Veteran Disability Rate

Lake Monticello Employment Status

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56.1%

Labor Force Participation

52.8%

Employment Rate

4.2%

Unemployment Rate

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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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46.71%

Born in Virginia

95.20%

Native Born

4.80%

Foreign Born

2.02%

Non Citizen

2.78%

Naturalized

Place of Birth

95.20% of Lake Monticello residents were born in the United States, with 46.71% having been born in Virginia. 2.02% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Year Population Growth Annual Growth Rate
202010,2100.00%
201910,2100.00%
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%