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Paragould

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

Median Home$312,302
Median Rent$1,251/month
Population153,303
Leading IndustryPublic Administration25% of local workforce
Home Value Growth⬆⬆+15.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners72% 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 6.910% (6.947% 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 $312k. The median monthly rent is $1,251. Annual property taxes average $2k. 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 15.9% 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 Paragould?

Based on a typical all-in ownership cost of $1,312/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paragould is $74k/year.

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What industries drive the economy in Paragould?

The largest employment sectors in Paragould are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.