Monticello, IN
5,496Residents
$52,798Median household income
$927/moMedian gross rent
$149,600Median home value
44.5Median age
12%Adults with a bachelor’s degree or higher
65%Homes lived in by their owners
2.8×Home value to household income
Median rent takes about 21% of the median household income in Monticello.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $37,000 a year. In Indiana that leaves roughly $2,567 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.