Monticello, KY's Data
About Monticello, KY's
Monticello, situated in Wayne County, Kentucky, serves as the county seat and is known for its rich history and strategic location near Lake Cumberland. Established in 1801, the city was named after Thomas Jefferson's estate, reflecting the founders' admiration for the third U.S. President. Monticello is positioned in a region that historically served as a gateway to the Cumberland Mountains, playing a pivotal role in the settlement and economic development of southern Kentucky.
City: Monticello
State: Kentucky
Country: United States
Population: 6,188
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Monticello, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Monticello, KY
Lake Cumberland - A major recreational area offering boating, fishing, and camping activities.
Wayne County Historical Museum - Exhibits local history and artifacts from Monticello and surrounding areas.
Mill Springs Mill Park - Historic gristmill and park with picnicking and educational tours.
Conley Bottom Resort - A popular spot for water sports and family vacations on Lake Cumberland.
Monticello City Park - Features sports facilities, walking trails, and playgrounds for community recreation.
The Economy of Monticello, KY
The economy of Monticello, Kentucky, is primarily driven by manufacturing, healthcare, and tourism, with a significant influence from the nearby Lake Cumberland, a major recreational destination that supports local businesses and services. The city has also seen growth in retail and education sectors, providing employment and supporting the local economy. Additionally, Monticello benefits from its agricultural surroundings, which contribute to its economic landscape.
Monticello, KY Inflation
Understanding the BLS and Inflation in Monticello, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Monticello, KY. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Monticello, KY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Monticello, KY using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Monticello, KY when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Monticello, KY
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