Mono, ON

Ontario

Mono is a small city in Ontario with a population of 9,421. Residents earn $138,000 per year, which is 84% above the national average.

2.7 /5.0
C+ Fair
9,421 Population 88/sq mi density
$138,000 Median Income $73,200 per capita
$1,200,000 Home Value
$1,060 Median Rent 17.5% income on rent
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$138,000 median income, 10.1% unemployment
D
Affordability
1.7 / 5.0
$1,200,000 home value, $1,060/mo rent
C
Education
2.4 / 5.0
17.7% bachelor's degree or higher
Median Income $138,000
84% higher than US avg
Home Value $1,200,000
326% higher than US avg
Bachelor's+ 17.7%
48% lower than US avg
Median Rent $1,060
9% lower than US avg
Unemployment 10.1%
181% higher than US avg
Poverty Rate 5.0%
60% lower than US avg

How Mono Compares to the U.S. Average (100% = U.S. avg)

People

Population9,421
Median Age47.2 yrs
Density88/mi²
Male / Female50% / 50%
Largest GroupWhite 83%

Economy

B+
Median Income$138,000
Per Capita$73,200
Unemployment10.1%
Poverty5.0%
Commute36 min

Housing

D
Home Value$1,200,000
Rent$1,060
OwnershipN/A
Housing Units3,130
Rent Burden17.5%

Climate

Avg TempN/A
Elevation1,417 ft (432 m)

Education

C
Bachelor's+17.7%
High School+28.7%
Graduate+6.1%

Community

Commute36 min

Is Mono a Good Place to Live?

Based on current data, Mono receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment, long commute times. Mono has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Mono is $138,000, which is significantly higher than the national average — 84% above $75,149. This places Mono among higher-income communities. At 10.1%, unemployment is notably high. Only 5.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 36 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Mono is $1,200,000, making it a premium housing market at 326% above the U.S. median of $281,900. Renters pay a median of $1,060 per month. With a home price-to-income ratio of 8.7x, housing affordability is a significant challenge for many families.

Education

17.7% of residents hold a bachelor's degree, below the national average of 33.7%. 28.7% have completed high school.

Mono has a population of 9,421 with a density of 88 people per square mile. The median age is 47.2 years, 21% older than the national median of 38.9. The city is predominantly White (82.5%), with 4.3% Black, 9.6% Asian.

Population

9,421
Total Population
88
People / sq mi
47.2yrs
Median Age
21% above US avg
107.5mi²
Land Area

Gender Distribution

Male 50.1%
Female 49.9%

Race & Ethnicity

Mono vs U.S. Average

Language Spoken at Home

English Only81.7%
4% above US avg
Spanish1.0%
92% below US avg
Other Languages17.3%

Social Characteristics

Mono vs U.S. Average

The median household income in Mono is $138,000, which is 84% above the national average of $75,149. The unemployment rate is 10.1% (above the 3.6% US average). 5.0% of residents live below the poverty line. Workers commute an average of 36 minutes.

Income: Mono vs U.S.

Commute Mode

Income

Median HH Income$138,000
84% above US avg
Per Capita Income$73,200

Employment & Poverty

Unemployment10.1%
181% above US avg
Poverty Rate5.0%
60% below US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time36.1 min
Drive Alone86.9%
Public Transit0.9%
Work from Home41.6%

Walkability

The median home value in Mono is $1,200,000, 326% above the national average. Monthly rent averages $1,060 (9% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$1,200,000
326% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,060
9% below US avg
Rent Burden17.5%

Ownership & Property

Owner-Occupied95.4%
Renter-Occupied4.8%
Housing Units3,130

Property Tax

17.7% of residents hold a bachelor's degree or higher (48% below US avg).

Education

Bachelor's Degree+17.7%
48% below US avg
High School+28.7%
Graduate Degree+6.1%
C Education Grade (2.4/5.0)

Urban-Rural Classification

Population Density88/sq mi
Total Area107.5 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute36.1 min
Drive Alone86.9%
Public Transit0.9%
Work from Home41.6%

Nearby Cities

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