Monaco, New Zealand

Full City Profile

3.7 /5.0

B+ Good

2,460 Population 8/sq mi density

36 ft Elevation 11 meters

52°F Avg Temperature 11°C

B+

Overall

3.7 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.2 / 5.0

$48,800 median income, 5.1% unemployment

Affordability

4.3 / 5.0

$208,000 home value, $1,040/mo rent

Monaco, New Zealand

At a Glance

Median Income

$48,800

35% below

$49,076 per capita

Home Value

$208,000

26% below

Median Rent

$1,040/mo

11% below

Unemployment

5.1%

41% above

Avg Temperature

52°F

286 sunny days/yr

Is Monaco a Good Place to Live?

B+

3.7 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Monaco residents earn a median household income of $48,800 , which is 35% below the national average of $75,149. Per capita income is $49,076. The unemployment rate stands at 5.1% (41% above the U.S. rate of 3.6%). The area is home to 226 business establishments.

Housing & Cost of Living

The median home value in Monaco is $208,000 , 26% below the national median of $281,900. Median rent is $1,040/month.

Climate & Weather

Monaco has an average annual temperature of 52°F (11°C). Winters average 60°F in January while summers reach 44°F in July. The area gets 286 sunny days per year. Annual precipitation totals 59.6 inches.

Data Overview

People

Population2,460

Median Age37.2 yrs

Density8/mi²

Foreign Born27.4%

Economy

Median Income$48,800

Per Capita$49,076

Unemployment5.1%

Poverty

Avg Weekly Wage$944

Housing

Home Value$208,000

Rent$1,040

Ownership64.5%

Housing Units984

Climate

Avg Temp52°F

Sunny Days286/yr

Rain59.6 in/yr

Elevation36 ft

Did You Know?

27.4% of residents are foreign-born.