Apartments for rent in Monticello, IL

Monticello, Illinois is a small town with a population of slightly less than 6,000. Retirees make up a greater percentage of the population (21%) here than nationally (14%), while young adults are less well-represented. Home ownership is more common than renting in Monticello, and 22% of residents rent. The average rent of $981 per month is a bit below the state average.

Monticello has a relatively large concentration of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 8% have earned a Master's degree or a Doctoral degree. Additionally, 18% have earned a Bachelor's degree, which also outpaces the national average. There are plenty of industries from which to choose in Monticello, the most common four of which are healthcare, education, retail, and manufacturing. Together, these industries account for 27% of the labor force in the town. Meanwhile, in terms of job function, many residents work in management, as 9% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of about $81,000, Monticello workers bring in slightly more than the average Illinois resident. The town's average income also compares favorably to the national average of $73,345.

Monticello residents have an average commute of about 22 minutes, quicker than the Illinois average of about 32 minutes. Driving a vehicle is the prevailing mode of getting to work, selected by 50% of commuters, while public transportation isn't widely used. Relatively few commuters walk to work.