Jefferson County Real Estate - Monticello

 

Monticello is Jefferson County's seat of government. It is located in the heart of "the other Florida," the Florida of rolling hills and stately oaks draped in wispy Spanish moss. Much of Monticello was developed in the 19th century. It's economy fell into decline in the 1930's. As a result it retains many stately turn-of-the-century homes and public buildings.

The First Presbyterian Church, rebuilt in 1868 following a fire, is an example of typical American style with a distinctly Southern flavor. It was built with bricks hauled from South Carolina by ox cart and has intricate interior detailing finished in native hardwoods. Monticello's old world charm and location 23 miles east of Florida's capital city of Tallahassee make it a popular bedroom community.

Monticello is in North West Florida. It's population as recorded in the 2010 Census was 2,506. Monticello is approximately 26 miles from Tallahassee (population 181,376) and around 43 miles from Quincy (population 7,972).

The median age for residents of Monticello is 42.6. Around 29.6% of Monticello households include school aged children and 31.2% of households include individuals aged 65 years or over. Census records indicate 43% of the Monticello population are White, 54.2% are Black or African American, 0% American Indian, .6% Asian and 1.1% are Two or more Races.

There are 1,213 housing units in Monticello. 186 (15.3%) of these were reported as vacant in the 2010 Census. There are 421 residential rental units in Monticello. 377 of them were occupied in 2010 providing a residential rental vacancy rate of 10%.

Monticello links:

Jefferson County

Jefferson County is located in northwest Florida, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, and Wakulla counties. Jefferson County is Florida's easternmost county that borders both Georgia and the Gulf of Mexico. Over 14,000 people live in Jefferson County.

The largest industries by employment are trade, transportation, and utility; public administration; and construction. Major private sector employers are Brynwood Center, Simpson Nurseries, Crosslandings Health & Rehab Center, Jefferson County Kennel Club, and Farmers & Merchants Bank. Top public sector employers are Jefferson County School District, Florida Department of Corrections, and Jefferson County. Jefferson County's seat is Monticello.

Jefferson is largely an agricultural region. Cattle ranching is an important part of the economy here. Watermelons, pears, and pecans are staple crops for the county. Every year, the Watermelon Festival celebrates the harvest.

Neighboring Properties

AddressTypeSq FtClass 
185 E Palmer Mill Rd Single Family 1,265 B
345 S Waukeenah St Single Family 1,180 B
295 Palmer Mill/Waukeenah Miscellaneous Residential (migrant camp or boarding home.) 2,360 B
375 S Waukeenah St Single Family 1,762 B
230280 S Cherry St Multi-family - less than 10 units 4,621 B
182-188 E Walnut St Mixed use - store and office or store and residential or residential combination 8,839 B
270 E Palmer Mill Rd Multi-family - less than 10 units 1,963 B
340 S Jefferson Single Family 2,125 B
310 S Jefferson St Mixed use - store and office or store and residential or residential combination 2,772 B
370 S Jefferson St Single Family 1,877 B
S Cherry St Professional service building 1,124 B
315 E Palmer Mill Single Family 2,575 C
200 S Cherry St Store, one story 480 B
250 S Jefferson St Office building, non-professional service building, one story 1,400 B
190 S Cherry St Store, one story 3,174 B
340 S Waukeenah St Single Family 2,087 B
380 S Jefferson Mixed use - store and office or store and residential or residential combination 2,194 B
380 S Waukeenah St Single Family 1,681 B
390 S Waukeenah St Single Family 1,379 B
425 S Waukeenah St Single Family 1,447 B
E Palmer Mill Rd Vacant Residential 0 L
180 Cherry St Store, one story 5,264 B
Washington & Waukeenah Parking lot (commercial or patron) or mobile home park 0 L
390 S Jefferson St Single Family 1,709 C
340 Maple St Single Family 1,051 B
S Jefferson St Restaurant, cafeteria 1,869 B
360 Maple Single Family 1,115 B
440 S Jefferson St Mixed use - store and office or store and residential or residential combination 1,184 B
165 W Walnut St Store, one story 5,836 B
365 E Palmer Mill Rd Single Family 972 C
445 S Waukeenah St Single Family 3,162 B
215 E Washington St Office building, non-professional service building, one story 1,710 B
235 E Washington St Office building, non-professional service building, one story 1,080 B
245 E Washington St Office building, non-professional service building, one story 1,850 B
285 E Washington St Professional service building 1,706 B
440 S Waukeenah St Vacant Residential 0 L
345 E Washington Single Family 4,973 B

Local Household Income

The median household income in this part of Florida is $51,243. The bottom 10% of the population earn less than $14,764 per year. The top 10% earn more than $116,481 per year. The top 1% earn more than $304,147 per year. Most renters earn between $17,940 (20th percentile) and $34,860 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,486 and $128,108.

The tax assessed value of this property places it in percentile 63 of all properties in this area. This suggests it would appeal to someone earning around $66,864 per year who should qualify for a mortgage between $133,728 and $167,160.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $743. Most renters earn between $1,495 and $2,905 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $456 (20th percentile) to $1,002 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 63 of all properties in this area. This corresponds to a rent of $844 per month and a monthly household income of $2,481 ($29,772 per year)

Nearby Companies

Roberts Home Furniture, Inc.
405 South Jefferson St
Monticello Realty LLC
380 S Jefferson St
Exiom Health Services LLC
440 S Jefferson St
Exiom, Inc.
440 S Jefferson St
Revolt Tech, LLC
180 S Jefferson St
Revolt Properties, LLC
180 S Jefferson St
Revolt Holdings, Inc
180 S Jefferson St
All Land Services, LLC
310 S Jefferson St
Laundro Land, Inc.
190 Cherry St
Cornerstone Cleaners LLC
190 S Cherry St
Keystone Insurance Agency LLC
235 E Washington St
Ewp West, LLC
245 E Washington St
Disclaimers and Disclosures

Public Records Data

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