Monticello, IL's Data
About Monticello, IL's
Monticello is a charming city located in Piatt County, Illinois. Founded in 1837, it serves as the county seat and is named after the estate of President Thomas Jefferson. Monticello is known for its rich historical background and beautifully preserved Victorian homes. Situated in the heart of Central Illinois, it is strategically positioned between the cities of Decatur and Champaign, making it a pivotal community in the region.
City: Monticello
State: Illinois
Country: United States
Population: 5,500
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Monticello, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Monticello, IL
Monticello Railway Museum - A museum dedicated to preserving and operating historical railroad equipment, with train rides and educational exhibits.
Allerton Park and Retreat Center - A vast park featuring formal gardens, natural woodlands, a mansion, and artistic sculptures, managed by the University of Illinois.
Piatt County Courthouse - A historic building and the functioning courthouse for Piatt County, known for its architectural beauty.
Monticello Main Street - The historic downtown area with shops, restaurants, and seasonal events that attract visitors and support local businesses.
Kirby Medical Center - A comprehensive healthcare facility providing a range of services and wellness programs to the community.
The Economy of Monticello, IL
The economy of Monticello is diverse, with a mix of manufacturing, services, and agriculture playing pivotal roles. Key industries include manufacturing at the local level with several small to medium-sized enterprises and agriculture, particularly corn and soybean farming, which dominates the surrounding rural areas. The city also benefits from its proximity to larger urban centers, which facilitates business and tourism.
Monticello, IL Inflation
Understanding the BLS and Inflation in Monticello, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Monticello, IL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Monticello, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Monticello, IL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Monticello, IL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Monticello, IL
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