Economy in Monticello, Arkansas
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Economy
| Unemployment Rate | 11.70% | 9.10% |
| Recent Job Growth | -0.93% | -0.12% |
| Future Job Growth | 26.44% | 31.25% |
| Sales Taxes | 9.00% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $20,040 | $27,067 |
| Household Income | $33,175 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 22.75% | 12.10% |
| Income between 15K and 25K | 15.74% | 10.18% |
| Income between 25K and 35K | 14.11% | 10.56% |
| Income between 35K and 50K | 14.79% | 14.98% |
| Income between 50K and 75K | 14.76% | 19.53% |
| Income between 75K and 100K | 7.72% | 12.52% |
| Income between 100K and 150K | 6.45% | 12.14% |
| Income between 150K and 250K | 1.54% | 3.91% |
| Income between 250K and 500K | 1.90% | 3.34% |
| Income greater than 500K | 0.24% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.29% | 13.81% |
| Professional and Related Occupations | 23.58% | 22.68% |
| Service | 13.75% | 14.51% |
| Sales and Office | 28.26% | 25.22% |
| Farming, Fishing, and Forestry | 1.90% | 0.68% |
| Construction, Extraction, and Maintenance | 7.77% | 9.37% |
| Production, Transportation, and Material Moving | 20.74% | 15.86% |
The unemployment rate in Monticello, AR, is 11.70%, with job growth of -0.93%. Future job growth over the next ten years is predicted to be 26.44%.
Monticello, AR Taxes
Monticello, AR,sales tax rate is 9.00%. Income tax is 7.00%.
Monticello, AR Income and Salaries
The income per capita is $20,040, which includes all adults and children. The median household income is $33,175.
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