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Jones Mills

Learn about the people, housing, costs and businesses in Jones Mills, Arkansas

Median Home$154,600
Median Rent$778/month
Population355
Leading IndustriesPublic Administration · Professional Services · Wholesale Trade34% public administration
Home Value Growth⬆⬆⬆+22.0% over 2 years
Young Adults22% of residents
Homeowners87% of occupied units
NotableAffordable Market$155k median home · lower cost than 72% of the country
Jones Mills
AR

Frequently Asked Questions

What are today's mortgage rates in Jones Mills?

As of today, the 30-year fixed mortgage rate for Jones Mills is approximately 6.992% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Jones Mills?

The median home value in Jones Mills is $155k. The median monthly rent is $778. Annual property taxes average $925. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jones Mills?

Home values in Jones Mills have increased 22.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Jones Mills?

Based on a typical all-in ownership cost of $786/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jones Mills is $57k/year.

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What industries drive the economy in Jones Mills?

The largest employment sectors in Jones Mills are public administration (34%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.