Monticello, AR
Population 8,320 · Arkansas
About Monticello, AR
Monticello is a small community in Arkansas with a population of 8,320 residents. The median household income is $27,998 per year, which is below the national average. The median age in Monticello is 37.4 years.
Housing in Monticello has a median home value of $128,900 and median monthly rent of $676. Of the 4,082 total housing units, renting is more common than owning, with 1,656 owner-occupied and 1,893 renter-occupied units.
The unemployment rate in Monticello is 7.8% and the poverty rate is 28.4%. 26.6% of residents hold a bachelor's degree or higher. The average commute time is 15.5 minutes.
How Monticello Ranks in Arkansas
Cost of Living in Monticello, AR
Compared to national averages, Monticello has a median household income of $27,998 (63% below the national median of $75,149). Home values average $128,900, which is 47% below the national median. Monthly rent at $676 is 42% below the US average of $1,163. Within Arkansas, Monticello's income is 46% below the state average of $52,241, and home values are 3% above the state median of $125,457.
Why Live in Monticello, AR?
Monticello offers affordable housing with a median home value of $128,900, below the US average of $244,900, and rent that’s lower than the national average at $676/month, and short commute times averaging just 15.5 minutes.
Potential considerations include median household income ($27,998) that falls below the national average. However, Monticello’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monticello has a population of 8,320 with a median age of 37.4 years. Compare Monticello with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Monticello
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wynne | 8,220 | $40,102 | $125,300 | Compare |
| Farmington | 8,469 | $88,541 | $249,900 | Compare |
| Beebe | 8,580 | $56,424 | $163,400 | Compare |
| Stuttgart | 8,060 | $58,906 | $150,600 | Compare |
| Newport | 8,019 | $32,693 | $132,200 | Compare |
| Hope | 8,787 | $44,353 | $87,800 | Compare |
| Pocahontas | 7,475 | $42,829 | $107,500 | Compare |
| Prairie Grove | 7,445 | $58,556 | $226,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Monticello With Other Cities
Frequently Asked Questions about Monticello
What is the population of Monticello, AR?
The population of Monticello, AR is 8,320 according to the latest Census data.
What is the median household income in Monticello?
The median household income in Monticello, AR is $27,998 per year.
What is the median home value in Monticello?
The median home value in Monticello, AR is $128,900.
What is the average rent in Monticello?
The median monthly rent in Monticello, AR is $676.
What is the unemployment rate in Monticello?
The unemployment rate in Monticello, AR is 7.8%.