Quick facts: Jonesboro, LA

Quick Facts

98.7
Cost of Living
below US average
4,045
Population
59.83
Crime Rate per 1000
above US average
$28,963
Median Income
below US average
$179,000
Median House Price
above US average
$1200.0
Average Rent
below US average
27%
Poverty Rate
above US average
6.1%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $28,963.

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Income Needed to Buy

βœ— Stretch
$56k/year
Based on $179,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $56k vs median $28,963
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Income Needed to Rent

⚠ Stretch
$51k/year
Based on $1200.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $51k vs median $28,963
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Jonesboro, LA

Jonesboro, located in Jackson Parish, Louisiana, is a small town with a rich history and a close-knit community. The town serves as the parish seat and is known for its Southern charm and hospitality. Established in the mid-19th century, Jonesboro offers a mix of historical architecture and modern amenities. The area is characterized by its natural beauty, with nearby waterways and forests providing recreational opportunities such as fishing, hunting, and hiking. The local economy is primarily based on agriculture, forestry, and small businesses, with a focus on community-oriented services. Jonesboro hosts several annual events that celebrate its culture and heritage, including festivals and parades. The town also has a number of parks and recreational facilities, making it an inviting place for families. Local schools serve the educational needs of the community, and there is a strong emphasis on community involvement and pride. With its welcoming atmosphere and rich traditions, Jonesboro represents a quintessential slice of Louisiana life.

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