What is the Best Neighborhoods USA ranking for Craighead Forest?
Craighead Forest is ranked #8 of 35 eligible neighborhoods in Jonesboro; #14 of 83 eligible neighborhoods in AR; and #733 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Craighead Forest
Jonesboro, AR | Craighead County
Scored premium profile
Best Neighborhoods USA Index
74.1
Stability and Strength
66.2
Value Opportunity
76.8
Momentum
83.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Jonesboro, AR |
| County | Craighead County |
| National rank | #733 of 14,967 |
| State rank | #14 of 83 |
| City rank | #8 of 35 |
| County rank | #8 of 35 |
| National percentile | 95.1 |
| National band | TOP_5_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $304,771 |
| Year-over-year home value change | 4.3% |
| Month-over-month home value change | 0.48% |
| Home value to income ratio | 3.15 |
| Median household income | $96,644 |
| Bachelor's degree or higher | 48.3% |
| Civilian unemployment rate | 3.2% |
| Homeownership rate | 83.8% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 70.3% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Craighead Forest
Is Craighead Forest one of the best neighborhoods in Jonesboro?
Craighead Forest has a Best Neighborhoods USA Index of 74.1 and a city ranking of #8 of 35 eligible neighborhoods in Jonesboro.
How much are homes worth in Craighead Forest?
The current Zillow Home Value Index for Craighead Forest is approximately $304,771.
Are home values rising or falling in Craighead Forest?
Zillow neighborhood values changed 4.3% year over year and 0.48% month over month.
What is the Neighborhood Momentum Score for Craighead Forest?
Craighead Forest has a Neighborhood Momentum Score of 83.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Craighead Forest?
The NDS-derived neighborhood median household income is approximately $96,644.
How affordable is Craighead Forest relative to household income?
The current Zillow home-value-to-household-income ratio is 3.15. Price-to-income affordability is a major Value Opportunity input.
Is Craighead Forest primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 83.8%.
What is the unemployment rate in Craighead Forest?
The NDS-derived civilian unemployment rate is approximately 3.2%.
How educated are residents of Craighead Forest?
Approximately 48.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Craighead Forest face high rent burden?
Approximately 70.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Craighead Forest?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications54
Estimated originations36
Home-purchase applications31
Origination rate67.0%
Home-purchase share57.0%
Average application loan$186,573
Total application loan amount$9,986,395
National application rank#6,965 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.6% YoY; originations 22.1% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.