Photo by Marc René Geiser on Unsplash (https://unsplash.com/@milkstrasse)
Lake Monticello, Virginia Retirement Guide
established retirement community
54
Retirement Score
Lake Monticello, Virginia at a Glance
- Median Home Price
- $272,300
- State Income Tax
- State income tax; Social Security exempt; age-based retirement income subtraction available.
- Avg January Low
- N/A
- Cost of Living Index
- 102 (US avg = 100)
- Best For
- established retirement community
- RetireCityIQ Score
- 54 / 100
Retirement Data
Affordability
Cost of Living Index
102 (U.S. avg = 100)Medium confidence
BEA Regional Price Parities · Updated March 2026
Median Home Price
$272,300High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Monthly Rent
$2,071High confidence
U.S. Census ACS 5-Year · Updated April 2026
Taxes
Retirement Tax Score
45 / 100Medium confidence
Tax Foundation · Updated March 2026
Tax Details
State income tax; Social Security exempt; age-based retirement income subtraction available.Medium confidence
Tax Foundation · Updated March 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)Data not available
Aging-in-Place Score (proxy)
48.8 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Healthcare
Healthcare Access ScoreData not available
Climate
Avg July HighData not available
Avg January LowData not available
Annual PrecipitationData not available
Sunny Days / YearData not available
Safety
Safety Score
100 / 100Medium confidence
FBI Crime Data Explorer · Updated March 2026
Walkability
Walk Score (proxy)
19.5 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Transit Score (proxy)
0 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Demographics
Population
10,834High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Age
38.7High confidence
U.S. Census ACS 5-Year · Updated April 2026
Age 65+
20.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Household Income
$98,848High confidence
U.S. Census ACS 5-Year · Updated April 2026
Community Profile
Owner-Occupied Housing
95.4%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Veterans
9.3%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Bachelor's Degree+
49.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Poverty Rate
6.5%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Diversity
White
78.8%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Black
7.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Hispanic/Latino
7.7%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Asian
1.6%High confidence
U.S. Census ACS 5-Year · Updated April 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Lake Monticello using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$590
Stress-case monthly carrying cost
$663
Median home price used: $272,300
Median rent reference: $2,071 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.