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Jonesboro

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

Median Home$95,462
Median Rent$1,019/month
Population1,451
Leading IndustriesRetail · Healthcare · Finance & Insurance28% retail
Home Value Growth+8.7% over 2 years
Retirees26% of residentsabove average nationally
Homeowners83% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
Jonesboro
IN

Frequently Asked Questions

What are today's mortgage rates in Jonesboro?

As of today, the 30-year fixed mortgage rate for Jonesboro is approximately 7.155% (7.202% 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 Jonesboro?

The median home value in Jonesboro is $95k. The median monthly rent is $1,019. Annual property taxes average $889. 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 8.7% over the past two years. This represents moderate growth. 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 $790/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 Jonesboro is $47k/year.

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What industries drive the economy in Jonesboro?

The largest employment sectors in Jonesboro are retail (28%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.