
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
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.
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.
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.
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.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Located in the state of Utah, Monticello is a small city with a population of 2,640 inhabitants. According to the most recent Census, 91% of Monticello residents are White, 3% American Indian and Alaskan and 1% Black. With an average age of 33 years old, Monticello could be a great place to live for young adults as this age is well below the national average. If you are not a fan of long commutes, you will enjoy living in Monticello. With an average one way commute time of only 15 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Are you trying to ascertain if living in Monticello is the right fit for your lifestyle? To ensure a positive experience before moving to any new city in Utah, 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. Using the livability score which includes data from categories like cost of living, commute, education, 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 Utah and the national average.
The livability score in Monticello is 75 out of 100 and the city is ranked in the 87th percentile of all cities across America. This is a phenomenal score, as Monticello ranks well in multiple categories! Based on the grades for each individual category, Monticello has received high marks for crime (A+), cost of living (A+), education (B), employment (B+) and housing (A+). Regrettably for Monticello, there are some categories for which it does not rank well, this includes: amenities (F).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Monticello has an unemployment rate of 2.3% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Monticello market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Monticello 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 Monticello. Median real estate prices in Monticello come in at $336,114, which is 15% lower than the Utah 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 3.4, which is 20.9% lower than the Utah average.
| Statistic | Monticello | Utah | National |
| Average one way commute | 15min | 22min | 26min |
| Workers who drive to work | 86.8% | 75.9% | 76.4% |
| Workers who carpool | 0.2% | 11.6% | 9.3% |
| Workers who take public transit | 0.0% | 2.6% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 4.5% | 2.6% | 2.8% |
| Working from home | 8.4% | 5.4% | 4.6% |