Monticello, AR — income, home value, property tax, and sales tax.
Around Monticello, ZIP 71655 sits in working-class to middle-income territory, with a median household income of $43,346 and per-capita income of $30,387. Homes here carry a median value of $138,300, and the county-level property tax rate of 0.47% keeps annual tax bills on the lower end. Sales tax is where the load shows up instead: a combined rate of 9.75% applies to purchases in the area. So while property taxes take little from local homeowners, everyday spending carries a noticeably higher charge than many shoppers elsewhere would recognize.
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