Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Crime
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Monticello, Arkansas is a smaller city with a population of 9,618 people. Monticello is known to be an ethnically diverse city. The two most common races are White (53%) and Black or African American (43%). The median age of all Monticello residents is 33, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. Monticello is very likely to be a great place to live for singles as only 46%, of the population (over fifteen) are classified as married. If you prefer shorter commutes, living in Monticello will be a delight. With an average one-way commute time of just 18 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Monticello, Arkansas could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, cost of living, education, employment, you can easily compare the best places to live in Monticello and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Monticello to Arkansas and the national average.
Monticello, AR receives 69 out of 100 for its livability score; this results in a ranking of #63 in Arkansas and #8,256 in the USA. There are nine total categories that generate the livability score. Monticello scores well for cost of living (A+) and housing (A) There is at least one category that you should be aware of in Monticello. The following was graded with a less than perfect score: amenities (F), crime (D-), education (F) and employment (F).
The unemployment rate in Monticello has consistently declined over the years and currently stands well below the national average at 1.8%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Monticello can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Monticello is real estate affordability. The median home price for Monticello homes is $186,181, which is 10.9% lower than the Arkansas average. If we take a closer look at the affordability of homes in Monticello, we’ll see that the home price to income ratio is 3.6, which is 9.1% higher than the Arkansas average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Monticello | Arkansas | National |
| Average one way commute | 18min | 22min | 26min |
| Workers who drive to work | 79.9% | 82.7% | 76.4% |
| Workers who carpool | 10.4% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.5% | 0.2% | 0.6% |
| Workers who walk | 7.2% | 1.7% | 2.8% |
| Working from home | 1.3% | 3.2% | 4.6% |
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