There is 1 retirement home in Monticello, Arkansas. Retirement home living costs in Arkansas range from about $26 to $102 per day, with a median expenditure running about $52. The monthly cost averages around $1,567 and ranges between $770 and $3,045. Yearly, the average cost is around $18,810, which is under the national average of $23,100.
Monticello is a small city in Drew County in the State of Arkansas. Though the encompassing statistical area contains 813,489 residents, there are 15,387 living in the city. The senior community constitutes about 25% of the total population.
Monticello has an average SeniorScore™ of 62. The city has a mean per capita income of $18,000 and a mean household income is $33,000 (the Arkansas state average is $35,000). The mean home price in Monticello is $43,500, which is much lower than the Arkansas average of $117,000. The city also has a high unemployment rate of about 12.31%.
Monticello has ideal average temperatures, with very mild winters and balmy summers. The area gets very high amounts of rainfall annually. In comparison to other American cities, Monticello has an average crime rate and good air quality ratings.