How many renters in Monticello, KY pay more than 30% of their income on rent?

38.6% (±13.3 points) of renting households in Monticello, KY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

36.5% spend 35% or more.

The median renting household spends 26.7% of its income on rent.

Figures last updated on .

Paying 30% or more
38.6% (±13.3 points)
Paying 35% or more
36.5% (±12.9 points)
Median share of income
26.7% (±4.3 points)

Rent as a share of income in Monticello

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentMonticelloWayne CountyKentuckyUnited States
Less than 15%12.2% (±10.0 points)25.3%16.6%12.6%
15% to 19.9%14.9% (±10.7 points)14.2%13.5%12.2%
20% to 24.9%17.1% (±14.9 points)10.1%12.7%12.6%
25% to 29.9%17.3% (±13.5 points)10.7%11.8%11.5%
30% to 34.9%2.1% (±3.4 points)2.5%8.8%9.2%
35% or more36.5% (±12.9 points)37.1%36.6%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Monticello against Wayne County, its state and the nation

Estimate (90% margin of error)
MonticelloWayne CountyKentuckyUnited States
Paying 30% or more38.6% (±13.3 points)39.6% (±9.1 points)45.4% (±0.6 points)51.1%
Paying 35% or more36.5% (±12.9 points)37.1% (±8.8 points)36.6% (±0.5 points)41.9%
Median share of income26.7% (±4.3 points)25.2% (±4.2 points)28.1% (±0.3 points)30.6%
Median renter household income$27,578 (±$10,189)$31,500 (±$10,557)$39,858 (±$584)$52,966
Median gross rent$779 (±$151)$727 (±$65)$967 (±$5)$1,413

In Monticello, the share of renters paying 30% or more of income is not measurably different from Wayne County (39.6%).

It is not measurably different from Kentucky (45.4%).

It is not measurably different from the national figure (51.1%).

Statewide, it ranks 262 of 425.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Monticello

Nearest places with a published estimate, compared with Monticello
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Monticello—38.6% (±13.3 points)—
Jamestown16 mi62.6% (±20.9 points)Not measurably different
Burnside16 mi37.1% (±33.6 points)Not measurably different
Albany19 mi38.7% (±15.0 points)Not measurably different
Russell Springs19 mi42.4% (±18.2 points)Not measurably different
Ferguson21 mi33.8% (±44.0 points)Not measurably different
Somerset22 mi54.3% (±11.7 points)Not measurably different
Stearns23 mi61.1% (±80.9 points)Not measurably different
Byrdstown24 mi31.0% (±15.5 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Monticello

Are renters in Monticello rent-burdened?

38.6% of renting households in Monticello pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Monticello spend on rent?

The median renting household in Monticello, KY spends 26.7% (±4.3 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Monticello city, Kentucky (place:53130, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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