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AREA INFORMATION

LAKE MONTICELLO, VA

Explore the real estate in LAKE MONTICELLO, VA

Area Highlights

LAKE MONTICELLO, VA residents have a median age of 42.9 years old, with employment highest in the food and administrative support industries.

10,612 Population

The population has increased by 4.8% since the year 2010.

4,366 Households

$90,578 /yr
Median Household Income

$354,000
Median Home Sale Price

28m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

42.9 Median Age

Average Household Size

2.4
persons per
household

60.9%

Married Households

Community Population By Education

Bachelors Degree 30%
Some College 25%
Graduate Degree 22%
High School Graduate 12%
Associates Degree 10%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 30.13% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
35% of households have children

Area Schools

KG-5
2.1 MILES
Effort Christian School And Preschool
8-12
3.3 MILES
C+
Fluvanna County High School
UG
4.4 MILES
Blue Ridge Governor's School
UG
4.4 MILES
Project Return/fluvanna County
5-7
6.7 MILES
C
Fluvanna Middle School
1-2
6.8 MILES
Central Elementary School
PK-KG
6.8 MILES
West Central Primary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$90,578 /yr
Median Household Income
$354,000
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 19.63% of the households.

Transportation to Work

  • Drive 80%
  • Work from Home 17%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 4,104 87%
Vacant 334 7%
Rented 262 6%

White vs Blue Collar Jobs







White Collar 84%
Blue Collar 16%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 42.9 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 81%
Black 8%
Hispanic 5%
Other 2%
Asian 1%
Native American <1%
The most prevalent ethnicity is White at 81%, followed by Black at 8%, Hispanic at 5%, and Other at 2%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

88° July
Hottest Average Month
25° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
46°
Feb
27°
49°
Mar
34°
58°
Apr
43°
69°
May
52°
77°
Jun
60°
84°
Jul
65°
88°
Aug
63°
86°
Sep
56°
80°
Oct
44°
70°
Nov
35°
60°
Dec
27°
49°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$32,900
For sale
0.33 acres

20 Chippewa Ln
Palmyra, VA 22963

$34,900
For sale
0.76 acres

19 Chickasaw Pl
Palmyra, VA 22963

$119,900
For sale
3 beds • 2 baths • 1,430 sqft

44 Gravel Hill Rd
Palmyra, VA 22963

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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