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.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Monticello, the College Heights / University of Arkansas at Monticello neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 2.6% of residents in the College Heights / University of Arkansas at Monticello neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
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.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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 shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
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.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. 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.