Monsey, New York
Moving to or Living in Monsey Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Monsey, New York
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Explore the life in Monsey based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Monsey, New York
Is Monsey, New York a good place to live?
Monsey is a city in New York state in USA with a population of 23733 residents..
The poverty rate of Monsey is 45.7%, which is 226% higher than national average.
The typical household in Monsey earns $40543 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 22 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.3% 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 Monsey, only 76% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monsey remained 6.5%, which is 38% higher than national rate. Nearly 1 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 Monsey, only 11% of adults have a bachelor's degree and 28% have some college but no degree.
Cost of living in Monsey is 155, which is 55% higher than national average. Median home value in Monsey is $682200 , which is 197% higher than national average. While median income in Monsey remained $40543, which is 40% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Monsey, only 76% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monsey remained 6.5%, which is 38% higher than national rate. Nearly 1 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 Monsey, only 11% of adults have a bachelor's degree and 28% have some college but no degree.
Cost of living in Monsey is 155, which is 55% higher than national average. Median home value in Monsey is $682200 , which is 197% higher than national average. While median income in Monsey remained $40543, which is 40% lower than national average.
Population
23733
Unemployment
6.5%
Poverty
45.7%
Overall Score
5
Median Home
$682200
197%
NAT AVG.
Median Income
$40543
40%
NAT AVG.
Median Rent
$1482
28%
NAT AVG.
Cost Of Living
155
55%
NAT AVG.
People Living BPL
1 in 2
Unemployed People
1 in 15
People Earning < $10,000
1 in 22
People Earning < $50,000
56.3%
People with <= High School
1 in 1.6
People With Any Degree
1 in 7.7
Pros & Cons Overview
Jobs50%
Housing95%
Affordability10%
Safety95%
Amenities95%
Diversity30%
Education40%
Commute85%
Cost of Living
Expense | Monsey | New York | National Avg. |
---|---|---|---|
Services | 112 | 112 | 100 |
Groceries | 108 | 110 | 100 |
Health | 96 | 102 | 100 |
Housing | 257 | 144 | 100 |
Transportation | 109 | 105 | 100 |
Utilities | 104 | 99 | 100 |
Cost of Living
Gender
Gender | Monsey | New York | Country |
---|---|---|---|
Female | 49.1% | 51.5% | 50.8% |
Male | 50.9% | 48.5% | 49.2% |
Gender
Household Income
Income | Monsey | New York | Country |
---|---|---|---|
Less than $10,000 | 4.6% | 6.4% | 5.8% |
$10,000 to $14,999 | 7.6% | 4.6% | 4.1% |
$15,000 to $24,999 | 16.3% | 8.1% | 8.5% |
$25,000 to $34,999 | 17.1% | 7.6% | 8.6% |
$35,000 to $49,999 | 10.7% | 10.4% | 12.0% |
$50,000 to $74,999 | 12.9% | 15.1% | 17.2% |
$75,000 to $99,999 | 9.3% | 12% | 12.8% |
$100,000 to $149,999 | 12.2% | 16% | 15.6% |
$150,000 to $199,999 | 6.1% | 8.4% | 7.1% |
$200,000 or more | 3.1% | 11.4% | 8.3% |
Education
Education | Monsey | New York | Country |
---|---|---|---|
< 9th Grade | 7% | 6% | 5.0% |
9-12th Grade | 17% | 7% | 7.0% |
High School or GED | 37% | 25% | 27.0% |
Other College | 26% | 15% | 20.0% |
Associate's Degree | 2% | 9% | 9% |
Bachelor's Degree | 5% | 21% | 20.0% |
Master's Degree | 5% | 12% | 9.0% |
Professional Degree | 1% | 3% | 2.0% |
Doctorate Degree | 0% | 2% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Monsey | New York | Country |
---|---|---|---|
White | 95.9% | 55.2% | 60.1% |
African American | 2.1% | 14% | 12.2% |
American Indian | 0% | 0.2% | 0.6% |
Asian | 0.1% | 8.5% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0.7% | 0.6% | 0.3% |
Multiracial | 0.2% | 2.4% | 2.8% |
Hispanic | 1% | 19.1% | 18.2% |