Monmouth College median real estate price is $136,658, which is less expensive than 84.7% of Illinois neighborhoods and 89.5% of all U.S. neighborhoods.
The average rental price in Monmouth College is currently $1,153, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.1% of Illinois neighborhoods.
Monmouth College is a rural neighborhood (based on population density) located in Monmouth, Illinois.
Monmouth College real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Monmouth College neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 7.5% in Monmouth College. NeighborhoodScout analysis shows that this rate is lower than 51.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Monmouth, the Monmouth College neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Monmouth College neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Monmouth College neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 66.4% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.
NeighborhoodScout's analysis shows that the Monmouth College neighborhood has a greater concentration of residents currently enrolled in college than 97.5% of the neighborhoods in the U.S. With 18.1% of the population here attending college, this is very much a college-focused neighborhood.
Significantly, 0.7% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.
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 Monmouth College neighborhood in Monmouth are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.3% of U.S. neighborhoods. With 29.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.0% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Monmouth College neighborhood, 30.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.7%), and 20.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Monmouth College neighborhood is English, spoken by 85.2% of households. Some people also speak Spanish (9.6%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Monmouth College neighborhood in Monmouth, IL, residents most commonly identify their ethnicity or ancestry as German (17.6%). There are also a number of people of Irish ancestry (17.3%), and residents who report Mexican roots (10.8%), and some of the residents are also of English ancestry (8.2%), along with some Asian ancestry residents (4.1%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Monmouth College neighborhood spend under 15 minutes commuting one-way to work (66.4% of working residents), one of the shortest commutes across America.
Here most residents (76.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (9.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.