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Best Senior Communities near me in Paragould, Arkansas

Paragould, Arkansas, located in Greene County, is a city situated in the northeastern part of the state, approximately 150 miles northeast of Little Rock and 80 miles northwest of West Memphis. With a population of around 26,000 residents as of the 2020 census, Paragould is positioned atop Crowley's Ridge, a unique geological formation. The city's name is a combination of two railroad magnates, James A. Paramore and Jay Gould, reflecting its historical significance as a railroad town established in 1883.

Paragould is famous for its rich history and vibrant community life. It boasts several historic landmarks and is recognized as a Main Street community, with its downtown area listed on the National Register of Historic Places. The city is also known for its natural beauty, featuring Crowley's Ridge State Park, which offers outdoor recreational opportunities. Additionally, Paragould gained attention in 1930 when a meteorite struck nearby, further adding to its unique narrative.

Costs of Senior Communities in Paragould, AR

The costs of senior communities in Paragould, Arkansas, vary significantly based on the type of care and services offered. On average, independent living facilities charge approximately $2,537 per month, while assisted living services may cost more, reflecting the level of care required. Overall, monthly expenses for retirement homes can range from about $2,000 to $6,000, depending on specific needs and amenities provided. Many facilities also offer flexible month-to-month rental agreements without buy-in fees, making them accessible for seniors seeking various living arrangements. This diversity in options caters to different budgetary needs while ensuring quality care and services are available.

Average Income in Paragould, AR

Paragould, Arkansas, known for its vibrant community and economic growth, has an average household income of approximately $66,436, with a median household income of $54,732. The city, which has seen a population increase to about 30,808, benefits from a diverse economy that includes sectors like retail and education. Residents enjoy a relatively low poverty rate of 17.44% and a short average commute time of 19.5 minutes. With its local amenities and educational institutions, Paragould presents an appealing environment for families and individuals alike, fostering a strong sense of community and opportunity.

Ranking of Paragould among Top Cities in Arkansas

Paragould, Arkansas, is ranked as the 15th largest city in the state, with a population of approximately 30,520 residents. Located in northeastern Arkansas, it combines its agricultural roots with industrial growth, providing a balanced environment for both residents and businesses. The city is known for its friendly community and outdoor recreational opportunities, thanks to its picturesque landscape of rolling hills and fertile farmland. Paragould also boasts a low cost of living, making it an attractive option for families and retirees seeking a slower pace of life while still enjoying access to essential amenities and services.