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Monticello Indiana Real Estate By Jennifer Hershey

Monticello Indiana Real Estate

Monticello, Indiana, is located in White County, 24 miles N of Lafayette, Indiana and 73 miles NW of Indianapolis, Indiana. Monticello has a population of 5,723.

Monticello Homes

Monticello properties pool is 2,239 residential properties including Monticello new homes. Median age of real estate in Monticello is 1965. Average Household size is 3.04 people. 4% are one bedroom homes, 19% are 2 bedroom homes, 62% are 3 bedroom homes, 11% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Monticello Mortgage Statistics

Monticello mortgages vs. USA median statistics

Homes Monticello USA
Homes With No Mortgage 44%
30%
Homes With Mortgage 56%
70%
First Mortgage Only 47%
54%
First & Second Mortgage or HELOC 9%
16%

Monticello Area Real Estate Tax

Monticello Real estate Tax: Median Real Estate Taxes (2000) were $609 comparing to 1999 Median Family income $ 42,831. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Monticello School District: Children make up 24.3% of Monticello population. Monticello has 1,390 under 18 years old residents, or 0.51 kids per one worker, or 0.62 kids per one household.

Monticello Real Estate & Monticello Homeownership

There are 716.48 or 32% one person households, 738.87 or 33% two person households, and 335.85 or 15% three person households in Monticello, Indiana. Median residents age is 37.6, Senior citizens (65+) make up 1,081 or 18.9%% of Monticello population.

There are 2,718 workers (over 16 years of age) in Monticello. Of these, 91.28% drive to work. Approximately 0% of workers in Monticello take public transportation. An estimated 5.81% walk to work.

Median Monticello homeowner's housing expences are 15.9%

Crime in Monticello (2003), crimes per 10,000 residents per year

Type of Crime Monticello USA, 2003
Violent Crimes
1.75
47.5
Robberies
NaN
14.2
Aggravated Assaults
1.75
29.5
Property Crimes
283.07
358.8
Burglaries
33.2
74.0
Larceny-Thefts
235.89
241.5
Motor Vehicle Thefts
13.98
43.3

Invest in Monticello Properties

When making a decision about buying real estate in Monticello Indiana area, you should consider following statistical data:

Category Monticello USA
Near Medium City
Lafayette, Indiana
-
Near Large City
Indianapolis, Indiana
-
Monticello Zip Codes
47960
-
Monticello Area Codes
574
-
White population
91.39%
75.1%
African-American population
0.28%
12.3%
Asian
0.59%
3.6%
American Indian & Alaskan
0.31%
0.9%
Hispanic (of any race)
11.22%
12.5%
Median Family Income (1999)
$ 42,831%
$42,000
Population Below Poverty Level
7.48%
12.4%

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