Pros and Cons of Living In Monticello, Arkansas. Is Monticello, AR a Nice Place To Live or Retire?

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Monticello, Arkansas

Moving to Monticello In Arkansas ? Is Monticello, AR a Nice Place To Live? Pros and Cons of Living in Monticello, Arkansas. Find out the best and worst about to live, raise a family or retire in Monticello.

Monticello ( MON-tiss-EL-oh) is a college town in, and the county seat of, Drew County, Arkansas. As of the 2010 census it had a population of 9,467. Founded in 1849 in the Arkansas Timberlands near the Arkansas Delta region, the city has long been a commercial, cultural and educational hub for southeast Arkansas. With a historically agriculture- and silviculture-based economy, it has diversified to include growth from the medical sector and the University of Arkansas at Monticello.

DEMOGRAPHICS

Population
9392
Unemployment
3.2%
32% NAT AVG.
Poverty
25.4%
81% NAT AVG.
Cost Of Living
81
19% NAT AVG.

ECONOMICS

Median Home Cost
$105100
54% NAT AVG.
Median Income
$33802
50% NAT AVG.
Median Rent
$661
43% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
265
21% NAT. AVG.
14% STATE AVG.
Violent Crime
45
24% NAT. AVG.
28% STATE AVG.
Property Crime
220
20% NAT. AVG.
10% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 31
People Earning < $10,000
1 in 7
People Earning < $50,000
59.8%
People With Any Degree
1 in 2.7

ETHNICITY

Ethnicity Monticello USA
White 50.6% 60.1%
African American 43.4% 12.2%
American Indian 0% 0.6%
Asian 0.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.4% 2.8%
Hispanic 3.6% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Monticello USA
Less than $10,000 14.6% 5.8%
$10,000 to $14,999 8.3% 4.1%
$15,000 to $24,999 17% 8.5%
$25,000 to $34,999 12.3% 8.6%
$35,000 to $49,999 7.6% 12.0%
$50,000 to $74,999 16.4% 17.2%
$75,000 to $99,999 10% 12.8%
$100,000 to $149,999 10.3% 15.6%
$150,000 to $199,999 2.4% 7.1%

EDUCATION

Education Monticello USA
< 9th Grade 2% 5.0%
9-12th Grade 10% 7.0%
High School or GED 27% 27.0%
Other College 24% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 8% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
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. The unemployment rate of Monticello remained 3.2%, which is 32% lower than national rate.

Cost of living in Monticello is 81, which is 19% lower than national average. In Monticello, only 30% of adults have a bachelor's degree and 31% have some college but no degree. 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.
Monticello Scorecard

Jobs60%

Housing50%

Affordability60%

Safety50%

Amenities80%

Diversity90%

Education80%

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