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Jonesboro

Learn about the people, housing, costs and businesses in Jonesboro

Median Home$193,309
Median Rent$973/month
Population135,792
Leading IndustriesPublic Administration · Professional Services · Construction29% public administration
Home Value Growth⬆⬆+12.0% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners61% of occupied units
NotableAffordable Market$193k median home · lower cost than 82% of the country
Jonesboro

Frequently Asked Questions

What are today's mortgage rates in Jonesboro?

Mortgage rates for Jonesboro are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Jonesboro?

The median home value in Jonesboro is $193k. The median monthly rent is $973. Annual property taxes average $996. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jonesboro?

Home values in Jonesboro have increased 12.0% 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 Jonesboro?

Based on a typical all-in ownership cost of $934/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jonesboro is $64k/year.

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What industries drive the economy in Jonesboro?

The largest employment sectors in Jonesboro are public administration (29%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.