What Is The Average Salary in Jonesboro, Arkansas

Average Salary in Jonesboro, Arkansas

Average Salary
$50000
Median Household Income
$47000
Job Growth Rate
2.4%

šŸ‘„
Population
78000
šŸ’¼
Unemployment Rate
4.3%
šŸ“ˆ
Cost of Living Index
92.5
šŸŽ“
College Educated
28.5%

How Jonesboro Stacks Up

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Average Salary

$50000

Competitive for Arkansas markets

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Adjusted Value

$54054

After cost of living adjustment

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Home Prices

$275000

Median home value

šŸ“ˆ

Job Growth

2.4%

Annual employment expansion

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Understanding the Salary Landscape in Jonesboro, Arkansas

If you’re considering a career move to Jonesboro, understanding the local salary landscape is crucial for making informed decisions. With a population of 78000 and an average salary of $50000, Jonesboro offers competitive compensation across various industries.

The median household income in Jonesboro stands at $47000, reflecting the earning potential for families in the area. When adjusted for the cost of living index of 92.5, the real purchasing power translates to approximately $54054 annually.

Salary Breakdown by Experience Level in Jonesboro

Career progression in Jonesboro shows clear salary advancement opportunities across different experience levels:

Entry Level
$38000
Starting salaries for professionals with 0-2 years of experience
Mid-Career
$50000
Average earnings for professionals with 3-7 years of experience
Senior Level
$65000
Compensation for experienced professionals with 8+ years

The salary progression from entry-level to senior positions shows strong growth potential, with mid-career professionals earning approximately $50000 and senior-level employees commanding salaries around $65000. For comparison with neighboring states, check out average salaries in Alabama or salaries in Oklahoma.

Top Industries and Employers in Jonesboro

Jonesboro has a diverse economic landscape with several thriving industries driving job growth and competitive salaries:

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Highest Paying Industry

Healthcare

The Healthcare sector offers the most competitive salaries in Jonesboro, attracting top talent and driving economic growth in Arkansas.

Major Industries in Jonesboro:

Healthcare, Education, Manufacturing

Major Employers Hiring in Jonesboro

Some of the largest employers in Jonesboro include: St. Bernards Medical Center, Arkansas State University, Post Holdings. These companies offer competitive salaries and comprehensive benefits packages, contributing to the city’s robust job market with a job growth rate of 2.4%.

Cost of Living in Jonesboro: What Your Salary Can Buy

Understanding how far your salary goes in Jonesboro requires analyzing the local cost of living. With a cost of living index of 92.5 (where 100 is the national average), Jonesboro offers good value for money in Arkansas.

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Housing
Median Home Price:
$275000
Average Rent:
$1450/month
Housing Index:
96
šŸš—
Transportation
Transportation Index:
100
šŸ›’
Groceries
Grocery Index:
104
āš•ļø
Healthcare
Healthcare Index:
96
šŸ’°
Monthly Living Costs
Single Person:
$2185
Family of 4:
$4765

With housing costs representing a housing index of 96 and an average monthly rent of $1450, Jonesboro provides affordable living options. The median home price of $275000 and estimated monthly necessities of $2185 for a single person or $4765 for a family should be factored into your financial planning.

Job Market and Employment Trends in Jonesboro

The job market in Jonesboro shows promising signs with a job growth rate of 2.4% and an unemployment rate of 4.3%. This indicates a healthy economy with expanding opportunities for job seekers across Arkansas.

Job Growth Rate
2.4%
↗ Growing
Unemployment Rate
4.3%
Current Rate

For professionals exploring opportunities across the state, our comprehensive Arkansas salary guide provides detailed comparisons to help you identify the best locations for your career growth.

Demographics and Workforce Profile

Jonesboro has a median age of 34.2 years, with 28.5% of the population holding a college degree. This educated workforce contributes to the city’s competitive salary landscape and attracts employers seeking skilled talent. For similar regional opportunities, explore salary data in Tennessee.

Median Age
34.2 years
College Educated
28.5%

Key Takeaways About Salaries in Jonesboro

  • šŸ’° The average salary in Jonesboro is $50000, with median household income at $47000
  • šŸ“Š When adjusted for cost of living (92.5), salaries have approximately $54054 in purchasing power
  • šŸŽÆ Healthcare is the highest-paying industry, offering premium compensation packages
  • šŸ¢ Major employers like St. Bernards Medical Center, Arkansas State University, Post Holdings provide stable career opportunities
  • šŸ“ˆ The city shows 2.4% job growth with 4.3% unemployment rate
  • šŸ  Housing costs include median home prices at $275000 and average rent at $1450
  • šŸ’µ Monthly living costs: $2185 (single) | $4765 (family)
  • šŸŽ“ 28.5% of the population holds college degrees, indicating a skilled workforce

Making Your Decision: Is Jonesboro the Right Career Move?

Jonesboro offers a compelling combination of competitive salaries, growing job opportunities, and Arkansas’s affordable lifestyle. With an average salary of $50000 and a cost of living index of 92.5, professionals can enjoy a comfortable standard of living while building their careers.

The city’s 2.4% job growth rate and 4.3% unemployment rate signal a thriving economy with expanding opportunities across multiple industries, particularly in Healthcare, Education, Manufacturing.

Whether you’re an entry-level professional earning around $38000 or a senior executive commanding $65000, Jonesboro provides the economic foundation for career growth and financial stability in Arkansas.

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