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.
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
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.
Located in the state of Illinois, Monticello is a small-sized city with a population of 5,815 inhabitants. According to the most recent Census, 94% of Monticello residents are White, 2% Black and 2% Asian.
Living in Monticello can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of Illinois, there are many desirable 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, 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 Illinois and the national average.
The livability score in Monticello is 78/100 and the city is ranked in the 93rd percentile of all cities across America. Based on this score, Monticello would be considered a very livable city! Monticello is also ranked in the top 10 percentile of all cities across the USA. Based on the rankings for each individual category, Monticello has received high marks for crime (A), cost of living (A+), employment (A+) and housing (A). Unfortunately for Monticello, there are some categories for which it does not rank well, this includes: amenities (F).
The Monticello unemployment rate of 1.55% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Monticello apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Monticello is actually affordable. The median home price for Monticello homes is $167,300, which is 4.3% lower than the Illinois 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 2.2, which is 26.7% lower than the Illinois average.
| Statistic | Monticello | Illinois | National |
| Average one way commute | 22min | 29min | 26min |
| Workers who drive to work | 88.9% | 73.4% | 76.4% |
| Workers who carpool | 3.8% | 8.3% | 9.3% |
| Workers who take public transit | 0.2% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 0.6% | 3.1% | 2.8% |
| Working from home | 6.6% | 4.4% | 4.6% |
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