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Cost of Living in Jonesboro, AR

Population 80,137 · Census ACS 2020–2024 5-year estimates

Median rent$956
Median home value$223,200
Median household income$55,424

The median rent in Jonesboro, AR is $956/month, about the same as the Arkansas median and 32% lower than the U.S. median. The median home value is $223,200, 33% lower than the national median. Households earn a median of $55,424 a year, 9% lower than the state median.

Affordability

Rent as a share of median income: 20.7%
Income needed for median rent (30% rule): $38,240/yr
Home price-to-income ratio: 4.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,129/mo

Run your own numbers: mortgage calculator · hourly to salary

Jonesboro vs. Arkansas vs. U.S.

JonesboroArkansasU.S.
Median rent$956$947$1,413
Median home value$223,200$188,000$332,700
Median household income$55,424$60,773$80,734
Homeownership rate54.3%66.4%65.2%
Bachelor's degree or higher31.8%25.7%35.7%
Poverty rate22.8%16.0%12.5%
Unemployment rate6.3%4.9%5.2%
Work from home7.7%8.8%15.1%
Median age33.938.538.9

FAQ

What is the average rent in Jonesboro, AR?

The median gross rent in Jonesboro, AR is $956 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Jonesboro, AR?

Using the common 30% rule, renting a median-priced home takes about $38,240 a year in gross income.

Is Jonesboro, AR expensive to live in?

Rent there is 32% lower than the U.S. median, and the median home costs about 4.0 times the median household income.

Other cities in Arkansas

Little Rock, ARRent $1,106 · Income $63,003Fayetteville, ARRent $1,065 · Income $62,695Fort Smith, ARRent $884 · Income $54,816Springdale, ARRent $1,071 · Income $69,787Rogers, ARRent $1,270 · Income $86,728Conway, ARRent $1,011 · Income $63,004

Cities with a similar cost of living

Rocky Mount, NCRent $957 · Income $55,534Battle Creek, MIRent $957 · Income $55,693Dothan, ALRent $960 · Income $55,792Marshall, TXRent $949 · Income $55,089Las Cruces, NMRent $974 · Income $55,422Kokomo, INRent $939 · Income $55,360

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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