This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
Ä¢¹½ÊÓƵ® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. Ä¢¹½ÊÓƵ contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Monticello is a very small town located in the state of Mississippi. With a population of 1,384 people and just one neighborhood, Monticello is the 154th largest community in Mississippi.
Occupations and Workforce
Unlike some towns, Monticello isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Monticello are a mix of both white- and blue-collar jobs. Overall, Monticello is a town of sales and office workers, professionals, and service providers. There are especially a lot of people living in Monticello who work in sales jobs (17.22%), healthcare (13.92%), and healthcare suport services (11.56%).
Setting & Lifestyle
The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Monticello has relatively fewer families with younger children, and/or college students. Combined, this makes Monticello a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
As is often the case in a small town, Monticello doesn't have a public transportation system that people use for their commute.
Demographics
In terms of college education, Monticello is nearly on par with the US average for all cities of 21.84%: 20.24% of adults 25 and older in Monticello have a bachelor's degree or advanced degree.
The per capita income in Monticello in 2022 was $27,908, which is upper middle income relative to Mississippi, and lower middle income relative to the rest of the US. This equates to an annual income of $111,632 for a family of four. However, Monticello contains both very wealthy and poor people as well. Monticello also has one of the higher rates of people living in poverty in the nation, with 30.18% of its population below the federal poverty line.
Monticello is an extremely ethnically-diverse town. The people who call Monticello home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monticello residents report their race to be White, followed by Black or African-American. Important ancestries of people in Monticello include Irish, German, English, Scots-Irish, and European.
The most common language spoken in Monticello is English. Other important languages spoken here include Native American languages and African languages.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Monticello, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Modes of Transportation
While most Americans do drive to work alone each day, the neighborhood stands out by having 94.5% of commuters doing so, which is a higher proportion of people driving alone to work than Ä¢¹½ÊÓƵ found in 99.5% of all American neighborhoods.
Occupations
There are more people living in the neighborhood employed as sales and service workers (62.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
People
The neighborhood stands out for having an average per capita income lower than 95.6% of the neighborhoods in the United States.
Real Estate
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 38 residents per square mile, is less crowded than 91.2% of all U.S. neighborhoods.
The Neighbors
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Monticello are low income, making it among the lowest income neighborhoods in America. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 95.6% of U.S. neighborhoods. With 14.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.7% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 38.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 32.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.7%), and 13.0% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the neighborhood is English, spoken by 98.7% of households.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Monticello, MS, residents most commonly identify their ethnicity or ancestry as English (11.5%). There are also a number of people of Irish ancestry (5.2%), and residents who report German roots (2.2%), and some of the residents are also of French ancestry (1.5%), along with some Sub-Saharan African ancestry residents (1.4%), among others.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (31.0% of working residents), one of the shortest commutes across America.
Here most residents (94.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
