Monticello, Kentucky

Moving to or Living in Monticello Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Monticello, Kentucky
Moving to Monticello In Kentucky ? Find out the best and worst about to live, raise a family or retire in Monticello, the Pros and Cons of Living in Monticello.

Explore the life in Monticello based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Monticello
  2. Pros and Cons of Living In Monticello
  3. Crime In Monticello
  4. Cost of Living In Monticello
  5. Gender In Monticello
  6. Household Income For Monticello
  7. Education In Monticello
  8. Race & Ethnicity In Monticello
About Monticello, Kentucky
Is Monticello, Kentucky a good place to live?
Monticello is a city in Kentucky state in USA with a population of 5999 residents.. The poverty rate of Monticello is 31.3%, which is 124% higher than national average. The typical household in Monticello earns $36956 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.7% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Monticello are struggling financially. Nearly one in every 1 in every 9 workers in Monticello is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Monticello, only 74% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monticello remained 10.7%, which is 128% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Monticello, only 14% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Monticello is 74, which is 26% lower than national average. Median home value in Monticello is $97300 , which is 58% lower than national average. While median income in Monticello remained $36956, which is 45% lower than national average.
Population
5999
Unemployment
10.7%
128% NAT AVG.
Poverty
31.3%
124% NAT AVG.
Overall Score
4
Median Home
$97300
58% NAT AVG.
Median Income
$36956
45% NAT AVG.
Median Rent
$565
51% NAT AVG.
Cost Of Living
74
26% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 9
People Earning < $10,000
1 in 6
People Earning < $50,000
66.7%
People with <= High School
1 in 1.6
People With Any Degree
1 in 5.3
Pros & Cons Overview

Jobs40%

Housing40%

Affordability80%

Safety60%

Amenities80%

Diversity60%

Education40%

Commute95%

Is Monticello, Kentucky safe place to live?
The overall crime rate in Monticello, Kentucky is 6% lower than national average. The violent crime rate of Monticello is 57% lower than national average. While the property crime rate of Monticello is 4% higher than national average. You have 1 in 600 chance of being victim of violent crime. You have 1 in 49 chance of being victim of property crime.
Crime Cases
132
Violent : 10
Property : 122
Total Crime
6% NAT. AVG.
9% STATE AVG.
2212.5 (per 100k)
Violent Crime
57% NAT. AVG.
35% STATE AVG.
167.6 (per 100k)
Property Crime
4% NAT. AVG.
15% STATE AVG.
2044.9 (per 100k)
Chance Of Being A Victim Of Crime In Monticello
Violent crime
1 in 600
Property crime
1 in 49
Robbery
1 in 2000
Burglary
1 in 182
Assault
1 in 857
Car Theft
1 in 429
Monticello : Property Crime Ranking
Ranking Total
Crime
Property
Crime
Burglary Larceny Car
Thefts
In Kentucky 38 36 13 45 34
In USA 1328 1233 464 1518 769
Monticello : Violent Crime Ranking
Ranking Violent
Crime
Murder Robbery Assault Rape
In Kentucky 31 26 27 23 69
In USA 1585 330 659 1446 1757

Violent Crime


Crime Type Count Monticello
Kentucky
Country
Per 100,000 People
Violent Crime 10 167.6 259.09 387.8
Murder 0 0 7.21 6.5
Robbery 3 50.3 52.91 73.9
Assault 7 117.3 168.34 279.7
Rape 0 0 30.62 27.7
Property Crime


Crime Type Count Monticello
Kentucky
Country
Per 100,000 People
Property Crime 122 2044.9 1779.51 1,958.2
Burglary 33 553.1 344.12 314.2
Larceny 75 1257.1 1178.6 1,398
Car Theft 14 234.7 256.79 246
Violent Crime Comparison
Property Crime Comparison

Cost of Living
Expense Monticello Kentucky National Avg.
Services 87 103 100
Groceries 86 90 100
Health 91 88 100
Housing 45 70 100
Transportation 89 98 100
Utilities 93 102 100
Cost of Living
Gender
Gender Monticello Kentucky Country
Female 51.6% 50.8% 50.8%
Male 48.4% 49.2% 49.2%
Gender

Household Income


Income Monticello Kentucky Country
Less than $10,000 15.4% 8.1% 5.8%
$10,000 to $14,999 8.9% 5.5% 4.1%
$15,000 to $24,999 13.7% 10.4% 8.5%
$25,000 to $34,999 9.9% 10.4% 8.6%
$35,000 to $49,999 18.8% 13.5% 12.0%
$50,000 to $74,999 21.1% 18% 17.2%
$75,000 to $99,999 7.8% 12.4% 12.8%
$100,000 to $149,999 2.7% 13% 15.6%
$150,000 to $199,999 1.7% 4.5% 7.1%
$200,000 or more -1.4210854715202E-14% 4.2% 8.3%
Education


Education Monticello Kentucky Country
< 9th Grade 16% 4% 5.0%
9-12th Grade 10% 8% 7.0%
High School or GED 38% 33% 27.0%
Other College 17% 21% 20.0%
Associate's Degree 5% 9% 9%
Bachelor's Degree 9% 15% 20.0%
Master's Degree 5% 7% 9.0%
Professional Degree 0% 2% 2.0%
Doctorate Degree 0% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Monticello Kentucky Country
White 86.5% 84.1% 60.1%
African American 2.7% 8% 12.2%
American Indian 0.1% 0.2% 0.6%
Asian 0% 1.5% 5.6%
Hawaiian 0% 0.1% 0.2%
Other 0% 0.2% 0.3%
Multiracial 2% 2.2% 2.8%
Hispanic 8.7% 3.8% 18.2%
Race / Ethnicity