Monticello is a city in Arkansas state in USA with a population of 9392 residents.. The poverty rate of Monticello is 25.4%, which is 81% higher than national average. The typical household in Monticello earns $33802 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Monticello, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Monticello remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Monticello, only 30% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Monticello is 81, which is 19% lower than national average. Median home value in Monticello is $105100 , which is 54% lower than national average. While median income in Monticello remained $33802, which is 50% lower than national average.