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.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
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.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Lake Monticello, Virginia is a medium-sized city with a population of 10,457 inhabitants. At 82%, the majority of the Lake Monticello population is White; this is followed by 10% Black and 2% Asian. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Lake Monticello entails a longer-than-average one-way commute time, averaging 32 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Lake Monticello, Virginia could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Lake Monticello and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, commute, health & safety, education, employment and other important metrics.
Using data and statistics Lake Monticello has received a livability score of 65/100. This score is ranked in the 64th percentile when compared to all other cities. Based on the scores for each individual category, Lake Monticello has received high marks for crime (A-), employment (A+) and housing (A). Lake Monticello does not fare well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Lake Monticello has an unemployment rate of 0.98% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving 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 Lake 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.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lake Monticello. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Lake Monticello are affordable. The median home price for Lake Monticello homes is $227,900, which is 8.3% lower than the Virginia average. If we take a closer look at the affordability of homes in Lake Monticello, we’ll see that the home price to income ratio is 2.8, which is 26.3% lower than the Virginia average.
| Statistic | Lake Monticello | Virginia | National |
| Average one way commute | 32min | 28min | 26min |
| Workers who drive to work | 81.2% | 77.4% | 76.4% |
| Workers who carpool | 5.1% | 9.5% | 9.3% |
| Workers who take public transit | 0.2% | 4.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 2.0% | 2.4% | 2.8% |
| Working from home | 10.2% | 4.7% | 4.6% |
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