Monticello 73 Excellent
Monticello Livability #222 ranked city in Minnesota#4,938 ranked city in the USARanks better than 83% of areas

Pros and Cons of Living in Monticello

PROS
  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.

  • Schools

    A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

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What's it like Living in Monticello?

Monticello, Minnesota is a mid-sized city with a population of 13,700 inhabitants. According to the most recent Census, 88% of Monticello residents are White, 3% Asian and 1% Black. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Monticello is the right fit for you, your one way commute time will average 29 minutes, which is about average when compared to the national commute time of 26 minutes.

Are you trying to ascertain if living in Monticello is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Minnesota, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like crime, health & safety, education, employment, housing and other key data points, finding the best places to live in Monticello and in the areas around Monticello is a much easier task.

Monticello has a livability score of 71 out of 100 and is ranked #232 in Minnesota and #5,610 in the USA. If we consider each of the categories on their own, we see that Monticello ranks well for education (B), employment (A-) and housing (A+). There are some categories that Monticello scores poorly for, including: amenities (F). It might be worth taking a closer look to figure out why.

When contemplating a move, job prospects often top the list of priorities. In Monticello, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.93% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Monticello apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Monticello. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Monticello are affordable. The median home price for Monticello homes is $215,600, which is 12.6% higher than the Minnesota average. If we take a closer look at the affordability of homes in Monticello, we’ll see that the home price to income ratio is 3, which is 0% lower than the Minnesota average.

Best Places to Live in and Around Monticello

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Compare Monticello, MN Livability

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      Monticello transportation information

      Statistic Monticello Minnesota National
      Average one way commute29min23min26min
      Workers who drive to work86.7%78.0%76.4%
      Workers who carpool7.2%8.7%9.3%
      Workers who take public transit0.4%3.5%5.1%
      Workers who bicycle0.2%0.8%0.6%
      Workers who walk1.6%2.8%2.8%
      Working from home3.3%5.3%4.6%
      Source: The Monticello, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).