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Monticello Arkansas Real Estate By Jennifer Hershey

Monticello Arkansas Real Estate

Monticello, Arkansas, is located in Drew County, 42 miles S of Pine Bluff, Arkansas and 146 miles SW of Memphis, Tennessee. Monticello has a population of 9,146.

Monticello Homes

Monticello properties pool is 3,528 residential properties including Monticello new homes. Median age of real estate in Monticello is 1976. Average Household size is 2.94 people. 2% are one bedroom homes, 20% are 2 bedroom homes, 65% are 3 bedroom homes, 11% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Monticello Mortgage Statistics

Monticello mortgages vs. USA median statistics

Homes Monticello USA
Homes With No Mortgage 38%
30%
Homes With Mortgage 62%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 10%
16%

Monticello Area Real Estate Tax

Monticello Real estate Tax: Median Real Estate Taxes (2000) were $420 comparing to 1999 Median Family income $ 36,615. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Monticello School District: Children make up 25.8% of Monticello population. Monticello has 2,360 under 18 years old residents, or 0.62 kids per one worker, or 0.67 kids per one household.

Monticello Real Estate & Monticello Homeownership

There are 987.84 or 28% one person households, 1199.52 or 34% two person households, and 670.32 or 19% three person households in Monticello, Arkansas. Median residents age is 31.2, Senior citizens (65+) make up 1,230 or 13.4%% of Monticello population.

There are 3,810 workers (over 16 years of age) in Monticello. Of these, 93.25% drive to work. Approximately 0% of workers in Monticello take public transportation. An estimated 3.81% walk to work.

Median Monticello homeowner's housing expences are 15.5%

Crime in Monticello (2003), crimes per 10,000 residents per year

Type of Crime Monticello USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Monticello Properties

When making a decision about buying real estate in Monticello Arkansas area, you should consider following statistical data:

Category Monticello USA
Near Medium City
Pine Bluff, Arkansas
-
Near Large City
Memphis, Tennessee
-
Monticello Zip Codes
71655
-
Monticello Area Codes
870
-
White population
64.96%
75.1%
African-American population
32.62%
12.3%
Asian
0.7%
3.6%
American Indian & Alaskan
0.15%
0.9%
Hispanic (of any race)
1.29%
12.5%
Median Family Income (1999)
$ 36,615%
$42,000
Population Below Poverty Level
18.58%
12.4%

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