The economy of Jonesboro is boosted by key employers, with Arkansas State University playing a central role. The university provides jobs for faculty and staff who need housing, while also contributing to a thriving rental market driven by the housing needs of thousands of students.
Major healthcare providers like St. Bernards Healthcare and NEA Baptist Memorial Hospital are key employers in the region. These institutions drive demand for housing from healthcare professionals and their families. And, companies like Nestlé and Post Consumer Brands which operate large facilities in the area, also provide a stable source of employment.
The area around Arkansas State University is ideal for rental properties targeting students and faculty, while more established neighborhoods like Valley View offer family-friendly environments with access to top-rated schools and amenities. Another desirable area is Hilltop, a rapidly growing neighborhood with newer homes and convenient access to shopping, dining, and the city's medical centers. Investors who are seeking more affordable properties can look to neighborhoods like the West End, which offers lower-priced homes that appeal to first-time buyers and renters.