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.
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.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
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.
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Monroe is a small city located in the state of New York. The city has a population of 8,567 inhabitants. More than a quarter of the residents of Monroe identify themselves as Hispanic or Latino, and 20% of the population speak Spanish as their primary or secondary language. Monroe tends to attract a younger crowd, as the median age of 33 is far below the national average. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Monroe offers up a higher than average one way commute time of 35 minutes.
Are you trying to ascertain if living in Monroe is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in New York, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Monroe and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, health & safety and other important metrics.
Monroe, NY receives 69 out of 100 for its livability score; this results in a ranking of #418 in New York and #7,082 in the USA. Based on the scores for each individual category, Monroe has received high marks for crime (B), education (B-) and housing (A). There is at least one category that you should be aware of in Monroe. The following was graded with a less than perfect score: amenities (F) and cost of living (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Monroe, the unemployment rate stands at 2.51%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing 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 Monroe 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.
Monroe real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Monroe. The median home price for Monroe homes is $330,200, which is 15.3% higher than the New York average. If we take a closer look at the affordability of homes in Monroe, we’ll see that the home price to income ratio is 3.6, which is 23.4% lower than the New York average.
Statistic | Monroe | New York | National |
Average one way commute | 35min | 33min | 26min |
Workers who drive to work | 64.4% | 53.0% | 76.4% |
Workers who carpool | 15.3% | 6.7% | 9.3% |
Workers who take public transit | 8.2% | 28.0% | 5.1% |
Workers who bicycle | 1.3% | 0.7% | 0.6% |
Workers who walk | 1.5% | 6.3% | 2.8% |
Working from home | 6.3% | 4.0% | 4.6% |