Monticello, Minnesota

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

Living In Monticello, Minnesota
Moving to Monticello In Minnesota ? 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, Minnesota
Is Monticello, Minnesota a good place to live?
Monticello is a city in Minnesota state in USA with a population of 13700 residents.. The poverty rate of Monticello is 9.5%, which is 32% lower than national average. The typical household in Monticello earns $71399 a year, compared to the national median of $67,500. Nearly 31.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Monticello, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monticello remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Monticello, only 21% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Monticello is 105, which is 5% higher than national average. Median home value in Monticello is $215600 , which is 6% lower than national average. While median income in Monticello remained $71399, which is 6% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
13700
Unemployment
2.8%
40% NAT AVG.
Poverty
9.5%
32% NAT AVG.
Overall Score
6
Median Home
$215600
6% NAT AVG.
Median Income
$71399
6% NAT AVG.
Median Rent
$1094
6% NAT AVG.
Cost Of Living
105
5% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 36
People Earning < $10,000
1 in 16
People Earning < $50,000
31.2%
People with <= High School
1 in 2.1
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs85%

Housing80%

Affordability80%

Safety85%

Amenities85%

Diversity70%

Education60%

Commute50%


Cost of Living
Expense Monticello Minnesota National Avg.
Services 111 106 100
Groceries 110 102 100
Health 118 113 100
Housing 94 101 100
Transportation 98 102 100
Utilities 100 98 100
Cost of Living
Gender
Gender Monticello Minnesota Country
Female 51.9% 50.2% 50.8%
Male 48.1% 49.8% 49.2%
Gender

Household Income


Income Monticello Minnesota Country
Less than $10,000 6.3% 4.1% 5.8%
$10,000 to $14,999 1.6% 3.4% 4.1%
$15,000 to $24,999 7.7% 7% 8.5%
$25,000 to $34,999 4.1% 7.5% 8.6%
$35,000 to $49,999 11.5% 11.5% 12.0%
$50,000 to $74,999 22.9% 17.4% 17.2%
$75,000 to $99,999 15.4% 14.1% 12.8%
$100,000 to $149,999 24.2% 18.3% 15.6%
$150,000 to $199,999 5.9% 8.2% 7.1%
$200,000 or more 0.39999999999999% 8.5% 8.3%
Education


Education Monticello Minnesota Country
< 9th Grade 2% 3% 5.0%
9-12th Grade 10% 4% 7.0%
High School or GED 35% 24% 27.0%
Other College 19% 21% 20.0%
Associate's Degree 13% 12% 9%
Bachelor's Degree 15% 24% 20.0%
Master's Degree 5% 9% 9.0%
Professional Degree 1% 2% 2.0%
Doctorate Degree 0% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Monticello Minnesota Country
White 84.6% 79% 60.1%
African American 1.2% 6.3% 12.2%
American Indian 0.4% 0.9% 0.6%
Asian 2.6% 4.9% 5.6%
Hawaiian 0% 0% 0.2%
Other 0% 0.3% 0.3%
Multiracial 3.1% 3.1% 2.8%
Hispanic 8.1% 5.5% 18.2%
Race / Ethnicity