Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
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.
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.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Located in the state of Indiana, Monticello is a small-sized city with a population of 5,361 people. At 89%, the majority of the Monticello population is White; this is followed by 0% Black and 0% Asian. If you're not a fan of traffic congestion and long commute times to work, Monticello is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 17 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Monticello, Indiana. 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. Finding the best places to live in Monticello and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, education and other important metrics.
Using data and statistics Monticello has received a livability score of 70 out of 100. This score is ranked in the 76th percentile when compared to all other cities. There are nine total categories that form the livability score. Monticello ranks well for housing (A+) Monticello does not score well for the following: amenities (F) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. 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.
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. Median real estate prices in Monticello come in at $176,692, which is 22.1% lower than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Monticello, the home price to income ratio is 2.7, which is 10% lower than the Indiana average.
| Statistic | Monticello | Indiana | National |
| Average one way commute | 17min | 23min | 26min |
| Workers who drive to work | 71.1% | 83.0% | 76.4% |
| Workers who carpool | 26.0% | 8.9% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 0.0% | 2.1% | 2.8% |
| Working from home | 2.0% | 3.5% | 4.6% |
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