Pros and Cons of Living In Monsey, New York. Is Monsey, NY a Nice Place To Live or Retire?

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Monsey, New York

Moving to Monsey In New York ? Is Monsey, NY a Nice Place To Live? Pros and Cons of Living in Monsey, New York. Find out the best and worst about to live, raise a family or retire in Monsey.

DEMOGRAPHICS

Population
23733
Unemployment
6.5%
38% NAT AVG.
Poverty
45.7%
226% NAT AVG.
Cost Of Living
155
55% NAT AVG.

ECONOMICS

Median Home Cost
$682200
197% NAT AVG.
Median Income
$40543
40% NAT AVG.
Median Rent
$1482
28% NAT AVG.
Overall Score
5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 2
Unemployed People
1 in 15
People Earning < $10,000
1 in 22
People Earning < $50,000
56.3%
People With Any Degree
1 in 7.7

ETHNICITY

Ethnicity Monsey USA
White 95.9% 60.1%
African American 2.1% 12.2%
American Indian 0% 0.6%
Asian 0.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.2% 2.8%
Hispanic 1% 18.2%
Other 0.7% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Monsey USA
Less than $10,000 4.6% 5.8%
$10,000 to $14,999 7.6% 4.1%
$15,000 to $24,999 16.3% 8.5%
$25,000 to $34,999 17.1% 8.6%
$35,000 to $49,999 10.7% 12.0%
$50,000 to $74,999 12.9% 17.2%
$75,000 to $99,999 9.3% 12.8%
$100,000 to $149,999 12.2% 15.6%
$150,000 to $199,999 6.1% 7.1%

EDUCATION

Education Monsey USA
< 9th Grade 7% 5.0%
9-12th Grade 17% 7.0%
High School or GED 37% 27.0%
Other College 26% 20.0%
Associate's Degree 2% 9%
Bachelor's Degree 5% 20.0%
Master's Degree 5% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Monsey is a city in New York state in USA with a population of 23733 residents.. The poverty rate of Monsey is 45.7%, which is 226% higher than national average. The typical household in Monsey earns $40543 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 22 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Monsey remained 6.5%, which is 38% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Monsey is 155, which is 55% higher than national average. In Monsey, only 11% of adults have a bachelor's degree and 28% have some college but no degree. Median home value in Monsey is $682200 , which is 197% higher than national average. While median income in Monsey remained $40543, which is 40% lower than national average.
Monsey Scorecard

Jobs50%

Housing95%

Affordability10%

Safety95%

Amenities95%

Diversity30%

Education40%

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