Living in Monkton, Vermont
Cost of living, income, home prices, rent and demographics of Monkton · Census data 2020–2024
Monkton has 1,999 residents with a median age of 47.1. The median household income is $119,688 (47% higher than the Vermont median), the median home value is $379,900, the median rent is $1,301/month.
Monkton at a glance
- Population
- 1,999
- Median age
- 47.1State: 43.1
- Median household income
- $119,688State: $81,203
- Median home value
- $379,900State: $316,600
- Median rent
- $1,301/moState: $1,234
- Homeowners
- 96.6%
- Bachelor's degree or higher
- 50%
- Average commute
- 29 min
Is Monkton a good place to live?
Pros: Median household income 47% higher than the Vermont median; a poverty rate of 4.2%.
Cons: Home values 20% higher than the state median; an average commute of 29 minutes; unemployment of 4.5%.
The weather is best in June to September.
Cost of living in Monkton
Housing is the biggest part of the cost of living. In Monkton the median home value is $379,900, 14% higher than the U.S. median. Renters pay a median of $1,301 per month, which is 38.5% of household income. Homeowners with a mortgage pay $2,208 a month in housing costs.
Monkton median household income
The median household income in Monkton is $119,688 and the income per person is $50,756. 4.2% of residents live below the poverty line (Vermont: 10.1%).
Housing in Monkton: homes for sale and rent
- Housing units
- 904
- Owner-occupied
- 96.6%
- Renter-occupied
- 3.4%
- Vacant
- 6.3%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.36
Monkton demographics
- Population
- 1,999
- Median age
- 47.1
- Under 18
- 18.1%
- 65 and older
- 20.2%
- Households
- 847
- Foreign-born
- 5.8%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Monkton ›
Education in Monkton
50% of adults 25 and older in Monkton have a bachelor's degree or higher (Vermont: 43.8%), and 22.8% have a graduate or professional degree.
Jobs and commute in Monkton
- Unemployment rate
- 4.5%State: 3.6%
- Average commute
- 29 minState: 24 min
- Work from home
- 26.7%
- Drive alone
- 64.3%
- Public transit
- 0.2%
- Walk to work
- 0.2%
- Homes with broadband
- 98%
Monkton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monkton | 1,999 | $119,688 | $379,900 | $1,301 |
| Starksboro | 1,939 | $82,188 | $287,700 | $1,306 |
| Vergennes | 2,565 | $76,587 | $310,000 | $1,000 |
| Charlotte | 3,916 | $144,375 | $695,300 | $1,738 |
| Ferrisburgh | 2,661 | $106,989 | $422,700 | $1,435 |
| Hinesburg | 4,718 | $112,539 | $463,400 | $1,651 |
| West Charlotte | 208 | $107,679 | $476,100 | — |
| New Haven | 1,792 | $92,321 | $379,300 | $1,163 |
| Waltham | 452 | $97,500 | $329,700 | $1,096 |
More for people moving to Monkton
Monkton ZIP code ›Weather and climate ›Living in Monkton: FAQ
What is the median household income in Monkton, VT?
The median household income in Monkton is $119,688, 47% higher than the Vermont median of $81,203 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Monkton?
The median home value in Monkton is $379,900, compared with $316,600 in Vermont.
How much is rent in Monkton?
The median gross rent in Monkton is $1,301 per month, about 38.5% of household income.
Is Monkton, VT a good place to live?
Pluses: median household income 47% higher than the Vermont median; a poverty rate of 4.2%. Minuses: home values 20% higher than the state median; an average commute of 29 minutes; unemployment of 4.5%.
What is the median age in Monkton?
The median age in Monkton is 47.1 years (Vermont: 43.1).
How long is the commute in Monkton?
The average commute to work in Monkton is 29 minutes; 26.7% of workers work from home.
What is the unemployment rate in Monkton?
The unemployment rate in Monkton is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monkton?
50% of adults in Monkton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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