Monticello vs Wolcott

A side-by-side comparison of Monticello and Wolcott: population, income, housing, and more.

Monticello and Wolcott are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Monticello has the higher population (5,504 vs 1,044 in Wolcott). Wolcott has the higher median household income ($70,938 vs $50,138 in Monticello). Monticello has the higher median home value ($122,200 vs $112,500 in Wolcott).

Population, income & housing

	Monticello	Wolcott
Population	5,504	1,044
Median age	46.9 yrs	38.6 yrs
Median household income	$50,138	$70,938
Median home value	$122,200	$112,500
Median gross rent	$860	$875
Housing units	2,798	436
Homeownership rate	61.4%	80.4%
Bachelor's degree or higher	11.9%	13.1%
Unemployment rate	8.3%	2.9%

Trends (ACS 5-year, 2019–2023)

	Monticello	Wolcott
Population	5,262 → 5,504 (+4.6%)	1,103 → 1,044 (-5.3%)
Median household income	$43,182 → $50,138 (+16.1%)	$58,438 → $70,938 (+21.4%)
Median home value	$95,900 → $122,200 (+27.4%)	$93,500 → $112,500 (+20.3%)
Median gross rent	$671 → $860 (+28.2%)	$699 → $875 (+25.2%)

Monticello

Population

5,2625,504

Median household income

$43,182$50,138

Median home value

$95,900$122,200

Median gross rent

$671$860

Wolcott

Population

1,1031,044

Median household income

$58,438$70,938

Median home value

$93,500$112,500

Median gross rent

$699$875

Age & race/ethnicity

Age distribution (share)

	Monticello	Wolcott
Under 5	4.9%	10.2%
5 to 17	14.1%	16.2%
18 to 24	6.6%	7.7%
25 to 34	11.2%	11.4%
35 to 44	9.8%	14.8%
45 to 54	12.5%	11.1%
55 to 64	14.2%	13.9%
65 to 74	10.9%	8.7%
75 and over	15.7%	5.9%

Race & ethnicity (share)

	Monticello	Wolcott
White (non-Hispanic)	87.8%	83.8%
Black or African American	0.2%	5.6%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	1.8%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.6%	1.1%
Hispanic or Latino	11.4%	7.8%

Educational attainment (age 25+)

Share of adults 25+

	Monticello	Wolcott
No high school diploma	6.7%	6.7%
High school graduate	52.6%	49.6%
Some college or associate's	28.8%	30.7%
Bachelor's degree	9.0%	10.8%
Graduate or professional degree	2.9%	2.3%

Commute to work

How workers get to work (share)

	Monticello	Wolcott
Drove alone	80.6%	79.0%
Carpooled	15.8%	13.8%
Public transit	0.0%	1.2%
Walked	0.0%	2.2%
Bicycle	0.0%	0.0%
Worked from home	3.6%	3.6%
Other means	0.0%	0.2%

Housing

Units in structure (share)

	Monticello	Wolcott
1-unit, detached	67.1%	93.8%
1-unit, attached	0.6%	0.9%
2 to 4 units	12.7%	3.9%
5 to 19 units	16.5%	0.9%
20 or more units	3.0%	0.0%
Mobile home & other	0.0%	0.5%

Poverty & households

	Monticello	Wolcott
Poverty rate	12.1%	9.1%
Average household size	2.06	2.55
Mean commute (minutes)	18	20
Median year structure built	1964	1951