Monticello, Arkansas 

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United States / Arkansas / No Metro Area / Drew County / Monticello / Zip Codes

Economy in Monticello, Arkansas

Monticello has an unemployment rate of 4.9%. The US average is 3.9%.

Monticello has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for Monticello
- The Sales Tax Rate for Monticello is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Monticello is 6.9%. The US average is 4.6%.

Income and Salaries for Monticello
- The average income of a Monticello resident is $14,438 a year. The US average is $28,555 a year.
- The Median household income of a Monticello resident is $25,905 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMonticello, ArkansasUnited States
  Unemployment Rate4.9%3.9%
  Recent Job Growth0.7%1.6%
  Future Job Growth25.9%33.5%
  Sales Taxes9.8%7.3%
  Income Taxes0.0690.046
  Income per Cap.$17,765$31,177
  Household Income$31,078$57,652
  Family Median Income$38,854$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting2.1%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction2.4%6.2%
  Manufacturing10.9%10.4%
  Wholesale trade2.1%2.7%
  Retail trade12.9%11.6%
  Transportation and warehousing0.9%4.1%
  Utilities00
  Information0.4%2.1%
  Finance and insurance2.4%4.7%
  Real estate, rental, leasing1.5%1.9%
  Professional, scientific, technical services0.8%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs2.3%4.3%
  Educational services18.6%9.3%
  Health care and social assistance17.5%13.8%
  Arts, entertainment, recreation0.1%2.2%
  Accommodation, food services12.7%7.4%
  Other services4.2%4.9%
  Public administration7.9%4.8%
ECONOMY MAP
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    MAPS OF MONTICELLO, ARKANSAS
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    ZIP CODES IN MONTICELLO, ARKANSAS
    71655

    NEW LISTINGS IN MONTICELLO AR
    $79,800
    (undisclosed Address)
    Bed 3 | Bath 3.0 |

    $89,000
    641 Hillcrest St
    Bed 4 | Bath 2.0 |

    $109,999
    344 S Gabbert St
    Bed 3 | Bath 2.0 |

    $112,800
    345 Greenhill Rd
    Bed 3 | Bath 2.0 |

    $79,500
    405 W Trotter St
    Bed 3 | Bath 2.0 |

    $80,000
    399 E Willis Ave
    Bed 3 | Bath 2.0 |

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