What it's like to live in Paragould

Paragould is a small city in Arkansas with rent below the national average, home prices that remain within reach, commutes that run shorter than most cities, and a growing population. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Paragould deals with household incomes below the national average, crime rates above the national average, college degree attainment below the national average, and above-average rainfall.

The good

  • Rent below the national average
  • Affordable home prices
  • Short commutes
  • Growing population
  • Low student-teacher ratio

The not so good

  • Below-average household incomes
  • Crime above national average
  • Low college degree attainment
  • Above-average rainfall
  • Smaller place — fewer dining and entertainment options
  • Car-dependent — few commuters use transit

How Paragould compares

Median household income

Paragould$56,980
Arkansas avg$60,773
US$80,734

Median rent (per month)

Paragould$925
Arkansas avg$947
US$1,413

Median home value

Paragould$181,500
Arkansas avg$188,000
US$332,700

What it takes to move to Paragould

Based on Paragould's median rent, home value and household income

To rent

$1,850

up front: first month plus a typical one-month deposit

  • Income to keep rent under 30%: $37,000 a year
  • 46% of Paragould renters spend 30% or more of their income on rent

To buy

$36,300

a 20% down payment on the median home

  • With 10% down: $18,150
  • Homes cost 3.2× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of living▼ 35% below US

$925/mo median rent

Rent here is genuinely low, with median rent around $925 a month. Factoring in local incomes, the value gets even better. Money stretches further here than in most of the country. Home prices here are genuinely accessible, with a median around $181,500. That kind of affordability is rare in today's market.

Median home value $181,500 · 46% of renters cost-burdened

Job marketNear US average

4.4% unemployment

Unemployment here is 4.4%, close to the national average of 4.3%.

City-level (BLS)

Safety▲ 152% above US

915 violent crimes per 100k

Crime is a real factor here, with violent rates significantly above the national average. That doesn't make the whole city a write-off, but it does mean specific neighborhoods deserve real research before signing a lease.

Property crime 2918/100k · Paragould Police Department · 2024 data

Getting around▼ 22% below US

20 min average commute

Commutes are reasonable, averaging 20.4 minutes. Nothing heroic, and there's still time left over for a life after work. 9 in 10 workers drive to work.

How workers get to work

Drive alone
83%
Carpool
8.0%
Work from home
4.2%
Other
2.4%
Walk
2.0%
Public transit
0.1%

Climate

Summers are hot and humid, with highs regularly hitting 89°F, and winters are cold, with lows around 30°F and snow a regular occurrence. Rainfall is regular throughout the year.

Average month

High °FLow °FPrecip (in)
20°40°60°80°100°5.5"Jan: 3.89" precipitationFeb: 4.03" precipitationMar: 4.88" precipitationApr: 5.19" precipitationMay: 5.14" precipitationJun: 3.56" precipitationJul: 4.24" precipitationAug: 3.84" precipitationSep: 3.31" precipitationOct: 4.40" precipitationNov: 4.64" precipitationDec: 4.62" precipitation28°JJan: high 46°F, low 28°FFFeb: high 50°F, low 31°FMMar: high 60°F, low 40°FAApr: high 70°F, low 49°FMMay: high 79°F, low 59°FJJun: high 87°F, low 68°F90°JJul: high 90°F, low 71°FAAug: high 89°F, low 69°FSSep: high 83°F, low 62°FOOct: high 73°F, low 50°FNNov: high 59°F, low 39°FDDec: high 49°F, low 32°F

30-year averages, 1991–2020

Healthcare

1 hospital

There's one Medicare-certified hospital inside city limits, rated 2.0 out of 5 by Medicare. Hospitals in neighboring towns aren't counted here.

Medicare-certified hospitals

Education & workforce▼ 55% below US

16% bachelor's degree or higher

This is a working-class city, and college degree rates reflect that. Trades, manufacturing, and service industries tend to dominate the local economy, which is a strength for some fields and a real constraint for others.

Schools

11 public schools inside the boundary

There are 11 public schools inside the boundary and 2 private schools. The student-to-teacher ratio is 14:1, well below the national average of 16:1. Smaller class sizes are generally a positive sign for a district.

Parks & recreation

The nearest national park or historic site is Trail Of Tears National Historic Trail (47 miles away). There are 2 national parks and sites within a day's drive.

Bottom line

Paragould's strongest points are rent below the national average and home prices that remain within reach; the main tradeoffs are household incomes below the national average and crime rates above the national average. A year of median rent ($925/mo) equals 19% of the median household income here, about the same as the 21% typical nationwide. It tends to suit people watching their budget and people who want short commutes. It may be a harder fit for anyone who doesn't drive.

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