According to statistics, the population in Monticello, IN amounts to 5,298, which shows decline 0% compared to the previous year. The median age of the city’s residents is 38. The average household income is $41,136, shifting growth 7% from the past year, and the average property value in Monticello, IN growth 3% to $93,700 throughout the year.
|Number Of Employees||2,243|
|Median Property Value||$93,700|
The average household income in Monticello, IN grew from $38,403 to $41,136 in the past year. This data is an estimate based upon 2,142 households in Monticello, IN . The chart below presents how household income is distributed in Monticello, IN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Monticello, IN shifted from $90,600 to $93,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Monticello, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Monticello, IN properties falls in the '$90,000 to $99,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Monticello, IN compared to median property taxes around the country. The prevalent amount of property taxes in Monticello, IN equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Monticello, IN decreased by 15.5% to $307,340.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $75,000 with no changes this month. Asking price for 2-bed apartment also decreased by 48% and a place of this size will now cost you $129,900. A 3-bed apartment goes for $139,427, it decreased by 49% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 47.5% and made it down to $222,400.