Lake Monticello 68 Good
Lake Monticello Livability #274 ranked city in Virginia#9,560 ranked city in the USARanks better than 67% of areas
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Pros and Cons of Living in Lake Monticello

PROS
  • Crime Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment 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 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.

  • Ratings Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Amenities 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 Commute

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

  • Health & Safety Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

What's it like Living in Lake Monticello?

Lake Monticello is a mid-sized city located in the state of Virginia. The city has a population of 10,739 people. The majority of Lake Monticello residents report their race to be White; this is followed by Black and Asian. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Lake Monticello offers up a higher than average one way commute time of 32 minutes.

If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the area before actually living in Lake Monticello, Virginia. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Lake Monticello, AreaVibes has created a livability score using key metrics like amenities, commute, employment and more.

Lake Monticello has a livability score of 66/100 and is ranked #313 in Virginia and #11,151 in the USA. There are nine total categories that generate the livability score. Lake Monticello ranks well for crime (B), employment (A+) and housing (A+) The bad news for Lake Monticello, there are some categories for which it does not rank well, this includes: amenities (F).

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lake Monticello, the unemployment rate stands at 1%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lake Monticello excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lake Monticello is real estate affordability. Median real estate prices in Lake Monticello come in at $418,218, which is 3.8% lower than the Virginia average. The home price to income ratio compares the median home prices to the median household income. In Lake Monticello, the home price to income ratio is 3.5, which is 22.2% lower than the Virginia average.

Best Places to Live in and Around Lake Monticello

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Compare Lake Monticello, VA Livability

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      Lake Monticello transportation information

      Statistic Lake Monticello Virginia National
      Average one way commute32min28min26min
      Workers who drive to work81.2%77.4%76.4%
      Workers who carpool5.1%9.5%9.3%
      Workers who take public transit0.2%4.5%5.1%
      Workers who bicycle0.0%0.4%0.6%
      Workers who walk2.0%2.4%2.8%
      Working from home10.2%4.7%4.6%
      Source: The Lake Monticello, VA data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.