College Heights / University of Arkansas at Monticello median real estate price is $275,071, which is more expensive than 71.9% of the neighborhoods in Arkansas and 35.0% of the neighborhoods in the U.S.
The average rental price in College Heights / University of Arkansas at Monticello is currently $1,118, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.8% of Arkansas neighborhoods.
College Heights / University of Arkansas at Monticello is a rural neighborhood (based on population density) located in Monticello, Arkansas.
College Heights / University of Arkansas at Monticello real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the College Heights / University of Arkansas at Monticello neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in College Heights / University of Arkansas at Monticello. The current real estate vacancy rate here is 16.5%. This is higher than the rate of vacancies in 81.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (10.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
An extraordinary 22.3% of the residents of the College Heights / University of Arkansas at Monticello neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, there is an especially high percentage of incarcerated people (1.5%) living in the College Heights / University of Arkansas at Monticello neighborhood.
Also, if you're planning where to retire, the College Heights / University of Arkansas at Monticello neighborhood in Monticello is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in AR, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.7% of the neighborhoods in Arkansas. If you are considering retiring to Arkansas, this is a good neighborhood to look at.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the College Heights / University of Arkansas at Monticello neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the College Heights / University of Arkansas at Monticello neighborhood is a fantastic option for bicycle commuters, as 2.6% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.0% of the neighborhoods in America.
Did you know that the College Heights / University of Arkansas at Monticello neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have African ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the College Heights / University of Arkansas at Monticello neighborhood in Monticello are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.9% of U.S. neighborhoods. With 22.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.0% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the College Heights / University of Arkansas at Monticello neighborhood, 50.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 18.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.9%), and 12.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the College Heights / University of Arkansas at Monticello neighborhood is English, spoken by 96.8% of households. Some people also speak Italian (2.4%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the College Heights / University of Arkansas at Monticello neighborhood in Monticello, AR, residents most commonly identify their ethnicity or ancestry as Irish (10.5%). There are also a number of people of English ancestry (8.0%), and residents who report Sub-Saharan African roots (6.6%), and some of the residents are also of African ancestry (6.6%), along with some Scottish ancestry residents (3.5%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in College Heights / University of Arkansas at Monticello neighborhood spend under 15 minutes commuting one-way to work (62.9% of working residents), one of the shortest commutes across America.
Here most residents (82.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.