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Paragould

Learn about the people, housing, costs and businesses in Paragould, Arkansas

Median Home$154,670
Median Rent$901/month
Population30,050
Leading IndustriesRetail · Education20% retail
Home Value Growth+9.2% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners56% of occupied units
Paragould
AR

Frequently Asked Questions

What are today's mortgage rates in Paragould?

As of today, the 30-year fixed mortgage rate for Paragould is approximately 6.964% (7.005% 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 Paragould?

The median home value in Paragould is $155k. The median monthly rent is $901. Annual property taxes average $803. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paragould?

Home values in Paragould have increased 9.2% 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 Paragould?

Based on a typical all-in ownership cost of $883/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paragould is $53k/year.

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What industries drive the economy in Paragould?

The largest employment sectors in Paragould are public administration (24%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.