Lake Monticello City Property Records in Virginia
Lake Monticello is a private lakefront community in Fluvanna County, near Palmyra, and is governed by an owners association rather than a town. Deeds, plats and deeds of trust are recorded by the Fluvanna County Circuit Court Clerk's Office in Palmyra. The Fluvanna County Real Estate Assessor maintains values and ownership, and the Fluvanna County Treasurer collects taxes. Building and zoning matters go to the Fluvanna County Department of Planning and Community Development. Covenants are administered by the Lake Monticello Owners' Association.
Lake Monticello Property and Community Statistics
What Is the Population Profile of Lake Monticello
Lake Monticello's racial and ethnic composition is shown by population count and percentage. White residents are the largest group at 80% (8,605 people), followed by Hispanic residents at 7% (747 people) and Black residents at 7% (706 people). Residents of two or more races account for 6% (637 people). The data also includes smaller groups, such as other race at 0.78% (84 people) and Asian residents at 0.38% (41 people).
Lake Monticello, Ratings Compared Across Virginia 
The ratings below cover different aspects of life in Lake Monticello, from retirement and families to housing and jobs. The three highest-rated categories are Good for Retirees (A), Good for Families (A-), and Housing (A-). Other notable ratings include Jobs (A-), Public Schools (B+), and Cost of Living (B+). Together, these ratings provide an overview of key quality-of-life categories in the city.
How Educated Is Lake Monticello
Lake Monticello's Education data shows residents' educational attainment, including Bachelor Degree (27%), Masters Degree (17%), and Some College (16%). The data also includes other available education levels, such as High School (15%), Associate Degree (8%), Doctorate (4%), and Below High School (1%).
When Were Homes Built
Lake Monticello's Home Age data shows when homes were built across different construction periods. Most homes were built during 1980 - 1999 (57%), followed by 2000 - Present (36%) and 1960 - 1979 (6%). The data also includes other available construction periods, including 1940 - 1959 (0.59%) and Before 1939 (0.55%).
How Many Bedrooms Do Homes Have?
Lake Monticello's Home Size data shows the distribution of homes by number of bedrooms. Most homes have 3 Bedrooms (61%), followed by 4 Bedrooms (28%) and 5 or More Bedrooms (6%). The data also includes other available bedroom categories, including 2 Bedrooms (4%), 1 Bedroom (0.20%), and No Bedrooms (0%).
What Is the Average Age
Lake Monticello's Population data shows the distribution of residents by age group. The largest groups are 65 Plus (23%), Under 10 (14%), and 25 - 34 (14%). The data also includes other available age groups, including 55 - 64 (13%), 35 - 44 (11%), 45 - 54 (10%), 10 - 17 (8%), and 18 - 24 (6%).
Property Market Trends at Lake Monticello
Lake Monticello's property market remains strong, with the median home price reaching approximately $288,300. Suburban areas, however, offer more affordable housing options. The rental market is also competitive, with the median rent around $2,167 per month. Despite high demand and limited inventory, the market remains resilient, attracting both buyers and investors seeking long-term value in Lake Monticello's dynamic real estate landscape.