Monticello, Arkansas is a small city located in the southeastern part of the state. With a land area of 11.3 square miles (29.3 square kilometers), it is considered to be one of the smaller cities in Arkansas. Despite its size, Monticello has a population of approximately 9,000 people, making it the 45th largest city in the state.
In terms of its economic output, Monticello has a GDP of around $350 million, according to recent data. This is largely driven by the city’s major industries, which include education, healthcare, and retail. Some of the largest employers in the city include the University of Arkansas at Monticello, Drew Memorial Hospital, and Walmart.
Despite its relatively low GDP, Monticello has a relatively high median household income compared to other parts of the state. According to recent data, the median household income in Drew County (where Monticello is located) is around $41,000 per year.
However, Monticello does have a relatively high poverty rate compared to other parts of the state. Recent estimates put the poverty rate in Monticello at around 33%, which is significantly higher than the state average of 18%.
In terms of population demographics, Monticello is a fairly diverse city. The population is approximately 60% white, 30% African American, and 10% other races. The median age in Monticello is around 30 years old, and the gender split is roughly equal between males and females.
One of the most notable attractions in Monticello is the University of Arkansas at Monticello, which is a public university with around 3,000 students. The university offers a wide range of undergraduate and graduate programs, including degrees in business, education, and agriculture.
Other notable attractions in Monticello include Lake Monticello, which is a popular spot for fishing and boating, and the Drew County Historical Museum, which showcases the history of the area. Monticello is also home to several annual events, including the Drew County Fair and the Monticello Christmas Parade.
Overall, Monticello, Arkansas is a small but diverse city with a strong focus on education and healthcare. While the city does face some economic challenges, it has a rich history and a strong sense of community that make it a great place to live, work, and visit.