Cost of Living in Paragould, AR
Population: 29,940 • 2026 Data
$56,181
Median Household Income
-27% vs national
$883
Median Monthly Rent
-34% vs national
$175,400
Median Home Value
-48% vs national
8.6%
Unemployment Rate
Housing in Paragould
The median home value in Paragould, AR is $175,400. Monthly rent for a typical unit averages $883, while total monthly housing costs (including utilities and insurance) average $894.
Rent-to-income ratio: 18.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Paragould, AR is $56,181. The unemployment rate stands at 8.6%, with a labor force of 14,108 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.