Jonesboro is ranked first in Arkansas and No. 57 nationally in a study of affordable home costs combined with population growth.
The study, performed by LendEDU, a website that compares financial products, started with the 1,000 fastest growing cities larger than 25,000 population. It then ranked them according to home costs, including mortgage and utility prices.
“I’d like to say this surprises me, but it doesn’t,” Jonesboro Mayor Harold Perrin said. “We have proven to be an attractive location for so many reasons that we sometimes take for granted.
“But it speaks to our resources, both natural and human, that we can keep home prices largely affordable. Along with good schools, churches and safety, that goes a long way with people.”
Jonesboro ranked above Siloam Springs (No. 70 nationally) in Arkansas and between No. 56 Palm Bay, Florida, and No. 58 Muscle Shoals, Alabama, among the ranking of 1,000 cities nationwide. You can find the rankings and methodology at LendEDU.com.
This is a press release from the City of Jonesboro.