Monticello, MN Employment - Median Household Income, Unemployment Rate

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A

5%

Income/capita NAT. AVG.

29%

Household income NAT. AVG.

59%

Unemployment NAT. AVG.

Index	Monticello	Minnesota	National
Income per capita	$28,219	$33,225	$29,829
Median household income	$71,399	$63,217	$55,322
Median income owner occupied	$84,771	$77,618	$70,586
Median income renter occupied	$51,204	$34,348	$35,192
Median earnings male	$48,709	$40,933	$36,919
Median earnings female	$34,250	$29,114	$26,250
Unemployment rate	1.9%	3.4%	4.7%
Poverty level	9.5%	10.8%	15.1%

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Key findings

The income per capita in Monticello is 5% lower than the national average
The median household income in Monticello is 29% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Monticello is 59% lower than the national average
The poverty level in Monticello is 37% lower than the national average

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am i middle class

$47,594 $71,399 $142,798

City

$42,140 $63,217 $126,434

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.

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Monticello median earnings by income bracket

Monticello employment by industry

Labour Type	Male	Female
Construction industry	12.7%	12.7%
Manufacturing sector	28.8%	28.8%
Financial & insurance services	1.9%	1.9%
Wholesale & retail services	15.5%	15.5%
Public administration	0.6%	0.6%
Transportation, warehousing & utilities	5.4%	5.4%
Education, health & social services	9.6%	9.6%
Other	24.9%	24.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Corcoran, MN	6,113	$138,848	151.0%
Rogers, MN	13,183	$133,988	142.2%
Greenfield, MN	3,013	$123,817	123.8%
Hanover, MN	3,414	$116,458	110.5%
Dayton, MN	6,258	$112,557	103.5%
Monticello, MN	13,700	$71,399	29.1%

Cities with similar population

City	Population	Household Income	National Avg.
Short Hills, NJ	13,700	$250,001	351.9%
Alexandria, MN	13,705	$54,572	1.4%
Parksville, BC	13,705	n/a
McMinnville, TN	13,707	$36,337	34.3%
River Ridge, LA	13,690	$72,056	30.2%
Monticello, MN	13,700	$71,399	29.1%

Source: The Monticello, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).