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.
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.
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
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.
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.
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.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Monticello, Kentucky is a smaller city with a population of 6,193 people. If we look at the most recent Census, Monticello is known to have a predominantly White population. The next two most common races are Black and Asian. If you are not a fan of long commutes, you will enjoy living in Monticello. With an average one way commute time of only 16 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Monticello can be a great experience for anyone moving to the town. Having said that, in the state of Kentucky, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, cost of living, health & safety, employment, you can easily compare the best places to live in Monticello and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Monticello to Kentucky and the national average.
Using data and statistics Monticello has received a livability score of 64 out of 100. This score is ranked in the 55th percentile when compared to all other cities. If we dig down a little deeper into each category within the livability score, we see that Monticello has higher than average grades for the following: crime (A) and housing (A+). There is at least one category that you should be aware of in Monticello. The following was graded with a concerning score: amenities (F), education (F) and employment (F).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Monticello has a violent crime rate of 88 crimes per 100,000 residents which is far lower than the national average.
Finding affordable real estate and housing in Monticello can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
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 Monticello is real estate affordability. The median home price for Monticello homes is $171,053, which is 24% lower than the Kentucky 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 3.1, which is 8.8% lower than the Kentucky average.
| Statistic | Monticello | Kentucky | National |
| Average one way commute | 16min | 23min | 26min |
| Workers who drive to work | 80.9% | 82.2% | 76.4% |
| Workers who carpool | 7.6% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.7% | 2.4% | 2.8% |
| Working from home | 10.7% | 3.3% | 4.6% |
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