Monticello is located in south Arkansas. Monticello is between the Drew, Lincoln county. Monticello has 11.02 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Monticello population is 9,718, which has grown 6.25% since 2000. The population growth rate is lower than the state average rate of 10.24% and is much lower than the national average rate of 11.61%. Monticello median household income is $25,905 in 2010-2014 and has has shrunk by 3.42% since 2000. The income growth rate is much lower than the state average rate of 28.22% and is much lower than the national average rate of 27.36%. Monticello median house value is $88,400 in 2010-2014 and has shrunk by -33.94% since 2000. The house value growth rate is lower than the state average rate of 49.31% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Monticello is better than the state average in quality. The Monticello area code is 870.