Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
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.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
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.
Polls and surveys done by AreaVibes among area residents did not yield positive feedback when it came to the walkability of amenities, safety, nearby parks and the overall sense of community.
Located in the state of Missouri, Monroe City is a small city with a population of 2,810 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (87% White). Given that fact, Monroe City could be considered less diverse than other cities. Not a fan of sitting in traffic during your commute to work? Monroe City offers shorter work commutes, with an average one-way commute time taking only 18 minutes, far lower than the national average of 26 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Monroe City, Missouri could be a fulfilling experience for anyone who puts in the effort 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. To help you find the best places to live in and around Monroe City, AreaVibes has created a livability score using key metrics like crime, health & safety, education, employment, housing and more.
The livability score in Monroe City is 64 out of 100 and the city is ranked in the 60th percentile of all cities across America. Based on the grades for each individual category, Monroe City has received high marks for crime (A+), cost of living (A+) and housing (A+). On a less positive note, Monroe City does not have favorable scores for the following: amenities (F). If we take a look at the data, we can find out why.
The unemployment rate in Monroe City has consistently declined over the years and currently stands well below the national average at 0.77%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Monroe City can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Monroe City is real estate affordability. Median real estate prices in Monroe City come in at $111,700, which is 20.9% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Monroe City, the home price to income ratio is 2.4, which is 17.2% lower than the Missouri average.
Statistic | Monroe City | Missouri | National |
Average one way commute | 18min | 23min | 26min |
Workers who drive to work | 86.5% | 81.6% | 76.4% |
Workers who carpool | 8.2% | 9.1% | 9.3% |
Workers who take public transit | 0.0% | 1.5% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 3.1% | 1.9% | 2.8% |
Working from home | 2.0% | 4.6% | 4.6% |