El Monte, California is a medium-sized city with a population of 115,665 inhabitants. With a population density of 12,096 people per square mile, El Monte is well above the nation's average density level. Individuals of White (51%) and Asian (29%) backgrounds make up a significant portion of the population of El Monte. Additionally, more than a quarter of the population of El Monte are of Hispanic or Latino origin, and 56% of the population also speak Spanish.
Without the right tools, moving to any new town can be very stressful and challenging. Living in El Monte, California could be a fulfilling experience for anyone who puts in the time to do the research required. Finding the best places to live in El Monte and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, education, employment, housing and other important metrics.
Using data and statistics El Monte has received a livability score of 63 out of 100. This score is ranked in the 31st percentile when compared to all other cities. For each of the livability categories, we know that El Monte ranks very well for amenities (A+) and weather (A+). On a more negative note, El Monte does not have favorable scores for the following: cost of living (F), education (F), employment (F) and housing (D-). If we take a look at the data, we can find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., El Monte has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
El Monte real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in El Monte. The median home price for El Monte homes is $374,900, which is 8.4% lower than the California average. If we take a closer look at the affordability of homes in El Monte, we’ll see that the home price to income ratio is 9.2, which is 43.8% higher than the California average. Year over year appreciation rates for homes in the El Monte area were 8.9% and the 5 year appreciation rates came in at 8.5%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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