This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
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.
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.
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.
Monument Beach, Massachusetts is a small-sized city with a population of 3,173 residents. At 87%, the majority of the Monument Beach population is White; this is followed by 0% Black and 0% Asian. The Monument Beach population appears to be aging at a faster rate than normal. The median age is currently 51, which is on the high side when compared to most other cities. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Monument Beach is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.
Are you trying to figure out if living in Monument Beach is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in Massachusetts, 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. To help you find the best places to live in and around Monument Beach, AreaVibes has created a livability score using key metrics like cost of living, commute, health & safety, education, employment and more.
Using data and statistics Monument Beach has received a livability score of 62 out of 100. This score is ranked in the 48th percentile when compared to all other cities. Based on the scores for each individual category, Monument Beach has received high marks for crime (A+), employment (A+) and housing (A-). On a less positive note, Monument Beach does not have favorable grades for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Monument Beach, the unemployment rate stands at 0%, 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.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Monument Beach market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Monument Beach is actually affordable. The median home price for Monument Beach homes is $376,000, which is 10.3% higher than the Massachusetts average. If we take a closer look at the affordability of homes in Monument Beach, we’ll see that the home price to income ratio is 4.1, which is 14.6% lower than the Massachusetts average.
Statistic | Monument Beach | Massachusetts | National |
Average one way commute | 28min | 29min | 26min |
Workers who drive to work | 85.6% | 71.1% | 76.4% |
Workers who carpool | 10.6% | 7.5% | 9.3% |
Workers who take public transit | 0.0% | 9.9% | 5.1% |
Workers who bicycle | 0.0% | 0.8% | 0.6% |
Workers who walk | 0.0% | 4.9% | 2.8% |
Working from home | 3.8% | 4.7% | 4.6% |