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These days, finding an affordable place to live in the Jefferson area can be challenging. Home prices in Jefferson are now at a median cost of $110,670, lower than the Arkansas average of $207,061.
The average cost of rent is $931/mo in Jefferson, primarily driven by the current value of real estate in the Jefferson area. In Jefferson, 18.44% of households rent, and 56.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jefferson is $5,155 per month. Households that rent pay about 18.06% of their income on rent here. Jefferson’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pastoria, AR: higher priced homes
- Wright, AR: less expensive homes
- Redfield, AR: higher priced homes
- Center Grove, AR: higher priced homes
- White Hall, AR: higher priced homes
- Prague, AR: higher priced homes
- Orion, AR: higher priced homes
- Sherrill, AR: less expensive homes
- Tucker, AR: less expensive homes
- Sheridan, AR: higher priced homes
Cities with Similar Populations
- Bonnerdale, AR: higher priced homes
- Turpin, OK: higher priced homes
- Seadrift, TX: higher priced homes
- Montville, OH: higher priced homes
- Bull Valley, IL: higher priced homes
- Bridgehampton, NY: higher priced homes
- Melrose, NY: higher priced homes
- Bloomville, OH: higher priced homes
- Berrien Center, MI: higher priced homes
- Bayou Vista, TX: higher priced homes
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