There are 6 assisted living facilities serving Monticello, Arkansas. This includes 4 facilities in Monticello and 2 nearby. The mean cost / day for assisted living in Arkansas is around $95, with costs ranging between $47 and $185 daily. On a per month basis, this equates to a mean expense of $2,850, with costs ranging from about $1,400 up to $5,538. The mean annual cost is $34,200, which is below the US average of $42,000.
SeniorScore™ for Monticello, Arkansas
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Monticello scores lower than the Arkansas average of 69.
- Monticello scores significantly lower than the national average of 72.
- There is an average number of Medicare registered physicians within the city limits.
- There is 1 hospital within close range of the city (Drew Memorial Hospital).
- There are 6 senior living facilities in close proximity to the city, including The Woods of Monticello Health and Rehabilitation,, Annswood Apartments, and Belle View Estates Rehabilitation and Care Center.
- There is a high number of home healthcare providers operating in the city.
- There is a very low number of fire stations serving the city.
- The average life expectancy is 76.0, compared to the national average of 78.6.
- There are 18 pharmacies within close range of the city.
- The area has a high property crime rate.
- The area has an average violent crime rate.
- The city has a low percentage of seniors in the population (25% of residents).
- There are 4 golf courses in or around the city, including Monticello Country Club, Cedar Ridge Golf Course, and Delta Country Club.
- There are 5 parks near the city center, including US Forestry Department, Mc Coy Park, and Mc Cloy Park.
- There are no churches in or near the city.
- There is 1 mall / shopping center within close range of the city.
- There are 8 grocery stores within the city.
- There is 1 movie theatre in or near the city.
- There are 2 gyms or health clubs in or near the city.
- The property taxes average 0.99% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 0.55% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 9.25%, which is significantly higher than the national average of 6.97%.
- Arkansas has an average state income tax of 4.87%, compared to the national average of 3.38%.
- The city's mean household income is $45,988, which is significantly lower than the national average of $64,580.
- The city's median household income is $32,587, which is significantly lower than the national median of $51,560.
- The city's per capita income is $18,363, which is significantly lower than the national average of $25,611.
- Assisted living costs average $36,750 per year, which are low compared to national figures.
- Nursing home costs average $61,138 per year, which are very low compared to national costs.
- Adult daycare costs average $17,420 per year, which are average compared to national numbers.
- Home healthcare costs average $38,347 annually, which are very low compared to national costs.
- The unemployment rate is about 12.31%, which is high compared to national averages.
- The overall cost of living is low compared to national averages.
- 1% of the senior population are financially responsible for at least one grandchild.
- Monticello receives very high levels of rainfall each year.
- Monticello has ideal mean temperatures, with very mild winters and warm summers.
- This city has above average air quality.
- Monticello has a very sparse population density of 42.6 people per square mile.
- Residents of Monticello have a very short daily commute time.
- Monticello has a high public school quality ranking.
- The city has a low public school safety rating.
- This city has a low graduation rate of 82.01%.
Monticello is a small city in Drew County within Arkansas. While the encompassing metro area has 813,489 residents, there are 15,387 within the city. The senior community currently represents about 25% of the total population.
The SeniorScore™ for Monticello is 62. The median housing price in the city is $43,500, which is much lower than the state average of $117,000. Monticello has a high unemployment rate of roughly 12.31%. The city's median household income is $33,000 ($18,000 per capita), in comparison to the average of $35,000 for the entire state of Arkansas.
Monticello has ideal average temperatures, with very mild winters and balmy summers. The area gets very heavy levels of rain each year. Monticello has an average crime rate and better than average air quality ratings in comparison to similarly-sized cities.