Lake Monticello employment information

IndexLake MonticelloVirginiaNational
Income per capita$35,431$34,967$29,829
Median household income$74,205$66,149$55,322
Median income owner occupied$76,071$82,180$70,586
Median income renter occupied$70,304$42,481$35,192
Median earnings male$45,203$41,712$36,919
Median earnings female$37,713$29,664$26,250
Unemployment rate2.4%3.8%4.7%
Poverty level2.2%11.4%15.1%
The Lake Monticello, VA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Lake Monticello is $35,431, which is 1% higher than than the Virginia average and 19% higher than than the national average. The median household income is $74,205, which is 12% higher than than the Virginia average and 34% higher than than the national average. The unemployment rate in Lake Monticello is 2%, which is 48% lower than than the national average. The poverty rate in Lake Monticello is 2% which is 85% lower than than the national average.

am i middle class

$Input your household income
$49,465$74,205$148,410
City
$44,094$66,149$132,298
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Lake Monticello is 19% higher than the national average.
  • The median household income in Lake Monticello is 34% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Lake Monticello is 48% lower than the national average.
  • The poverty level in Lake Monticello is 85% lower than the national average.

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Compare Lake Monticello, VA Employment To Other Cities

Employment status

Hours worked per week

Lake Monticello median earnings by income bracket

Lake Monticello employment by industry

Labour TypeMaleFemale
Construction industry10.5%0.9%
Manufacturing sector8.1%0.0%
Financial & insurance services4.3%8.0%
Wholesale & retail services18.2%11.8%
Public administration4.3%2.3%
Transportation, warehousing & utilities3.6%2.6%
Education, health & social services19.8%41.3%
Other29.2%27.2%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Ivy, VA822$135,486145%
Rivanna, VA1,733$128,214132%
Hollymead, VA8,411$79,71244%
Pantops, VA3,688$66,87521%
Palmyra, VA119$66,81821%
Lake Monticello, VA9,685$74,20534%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Bull Mountain, OR9,684$102,81886%
Potsdam, NY9,682$35,16336%
Brandywine, MD9,681$116,893111%
Rincon, GA9,690$63,02914%
Forestdale, AL9,679$49,56510%
Lake Monticello, VA9,685$74,20534%
Source: The Lake Monticello, VA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).