Overview
Jonesboro is situated in the Craighead County or Arkansas State. It has a population of about 58 thousand people which has a stead growth over the past few years of about 5%. This is an indicator that this city has enough charm to attract people to relocate here. The density of the population here is about 727 people per square mile.
The economy of this city is flourishing which is very clearly seen from the
growth in the job and employment opportunity over the last year – about
5%; at the same time the estimated forecast over the next ten years is projected
to be about 11%. The average income per household in Jonesboro is about US
$35 thousand which is a comfortable income. At the same time the cost of living
here is about 30% less than that in an average US city.
Jonesboro Real Estate
The value of an average home in Jonesboro is about US $130 thousand which
is very affordable. Besides this excellent report, there is the fact that the
prices of real estate in the city have appreciated by about 7% over those of
last year, making any investment in real estate very profitable.
How to rent or buy in Jonesboro
About 38% of the whole populations in Jonesboro live in rented accommodation; about 53% of the people here own their homes. At any given time you would find that about 9% of the total property available is lying vacant. In case you are looking around to buy or rent property in Jonesboro, the best thing to do would be to give your specifications to a real estate agent who would match you to your desired property in optimum time. This would save both money and effort while you would find the best possible matched available.