Real Estate details: Palatine IL vs Monticello AR

RE Insights

Metric Palatine Monticello
Population 65,485 8,176
Median Home Price $316,000 $155,000
Rent 33% 51%
Own 67% 49%

Real Estate Insights Comparison: Palatine vs Monticello

  • Palatine has a larger population of 65,485 compared to 8,176 in Monticello.
  • A higher median home price of $316,000 is found in Palatine compared to $155,000 in Monticello.
  • The rent percentage in Monticello is higher at 51% compared to 33% in Palatine.
  • A greater percentage of homeowners in Palatine at 67% compared to 49% in Monticello.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.