There are 22 assisted living facilities serving Monticello, Minnesota. This includes 4 facilities in Monticello and 18 nearby. Assisted living costs in Minnesota range from around $29 up to $240 per day, with a mean expense running about $113. The monthly cost averages around $3,403 and ranges between $867 and $7,200. On a yearly basis, the average cost is around $40,830, which is below the US average of $42,000.
Assisted living costs in Monticello, MN typically range from around $2,276 per month to $4,605 per month, with a median cost of approximately $3,568 per month. That equates to a yearly cost of about $42,810.
SeniorScore™ for Monticello, Minnesota
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Monticello scores higher than the Minnesota average of 70.
- Monticello scores lower than the national average of 72.
- There is a high number of Medicare registered physicians within the city limits.
- There are 2 hospitals within close range of the city (New River Medical Center and Buffalo Hospital).
- There are 21 senior living facilities in close proximity to the city, including St. Benedict's Senior Community - Monticello, Centracare Health - Monticello, and Rem-Evergreen.
- There is a low number of home healthcare providers operating in the city.
- There is an average number of fire stations serving the city.
- The average life expectancy is 81.1, compared to the national average of 78.6.
- There are 60 pharmacies within close range of the city.
- The city has a very low percentage of seniors in the population (19% of residents).
- There are 66 golf courses in or around the city, including Monticello Country Club, Silver Springs Golf Course (Gold Course at Silver Springs Golf Course), and Buffalo Heights Golf Course.
- There are 7 parks near the city center, including 4th Street Park, Lake Maria State Park, and Sturges Park.
- There are 35 churches in or near the city, including St Henry Catholic Church, CMA Church, and Faith Lutheran Church.
- There are 4 malls / shopping centers within close range of the city.
- There are 19 grocery stores within the city.
- There are 3 movie theatres in or near the city.
- There are 29 gyms or health clubs in or near the city.
- The property taxes average 2.78% of total income, which is lower than the national average of 2.79%.
- The property taxes average 0.94% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 7.38%, which is higher than the national average of 6.97%.
- Minnesota has an average state income tax of 4.79%, compared to the national average of 3.38%.
- The city's mean household income is $77,615, which is significantly higher than the national average of $64,580.
- The city's median household income is $70,811, which is significantly higher than the national median of $51,560.
- The city's per capita income is $27,804, which is higher than the national average of $25,611.
- Assisted living costs average $42,810 per year, which are average compared to national figures.
- Nursing home costs average $94,451 per year, which are average compared to national costs.
- Adult daycare costs average $15,860 per year, which are low compared to national numbers.
- Home healthcare costs average $56,628 annually, which are very high compared to national costs.
- The unemployment rate is about 6.81%, which is average compared to national averages.
- The overall cost of living is average compared to national averages.
- 1% of the senior population are financially responsible for at least one grandchild.
- Monticello receives low levels of rainfall each year.
- Monticello has very harsh mean temperatures, with very cold winters and pleasant summers.
- This city has above average air quality.
- Monticello has a sparse population density of 295.9 people per square mile.
- Residents of Monticello have a long daily commute time.
- The city has a high public transportation ridership.
- Monticello has a very high public school quality ranking.
- The city has a high public school safety rating.
- This city has a very high graduation rate of 93.43%.
Located in Wright County, Monticello is a small city in the State of Minnesota. It is part of the Minneapolis-St. Paul-Bloomington metro area. Though the encompassing area is home to 2,601,007 people, there are 18,089 residing within the city. Approximately 19% of the residents are over 55.
The SeniorScore™ for Monticello is 72. The city's median household income is $71,000 ($28,000 per person), versus an average of $53,000 for the whole of Minnesota. The median housing price in Monticello is $16,500, which is much lower than the state average of $211,500. The city has a moderate unemployment rate of about 6.81%.
Monticello has harsh average temperatures, with bitterly cold winters and calm summers. The area receives low levels of rainfall each year. Monticello has above average air quality in relation to other cities in the US.