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These days, finding an affordable place to live in the Jersey area can be challenging. Home prices in Jersey are now at a median cost of $98,942, lower than the Arkansas average of $207,061.
The average cost of rent is $548/mo in Jersey, primarily driven by the current value of real estate in the Jersey area. In Jersey, 8.45% of households rent, and 62.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jersey is $4,702 per month. Households that rent pay about 11.66% of their income on rent here. Jersey’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ingalls, AR: equally priced homes
- Hermitage, AR: less expensive homes
- Moro Bay, AR: equally priced homes
- Harrell, AR: higher priced homes
- Vick, AR: equally priced homes
- New London, AR: less expensive homes
- Sumpter, AR: higher priced homes
- Calion, AR: higher priced homes
- Millers Bluff, AR: higher priced homes
- Johnsville, AR: equally priced homes
Cities with Similar Populations
- Torpedo, PA: higher priced homes
- Tunnelton, IN: higher priced homes
- Tunnel, NY: equally priced homes
- Tuggleville, KY: less expensive homes
- Troy, WV: less expensive homes
- Troy, SD: higher priced homes
- Trout River, NY: higher priced homes
- Trotters, ND: higher priced homes
- Triplett, MO: higher priced homes
- Trampas, NM: higher priced homes
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