Jobs & Economy in Paragould
Detailed jobs & economy data — sourced from authoritative datasets and normalized for direct comparison.
Jobs & Economy in Paragould, Arkansas
Paragould's economy is robust, with employment growing at a rate of 1.96% between 2023 and 2024. The city's job market is primarily driven by key industries such as Manufacturing, Health Care & Social Assistance, and Retail Trade. Manufacturing, with major employers like Tenneco, Inc., forms the backbone of the local labor market.
In May 2026, Paragould's unemployment rate stood at 4.4%. The city actively supports economic development and new business growth, aiming to strengthen its local economy and create opportunities for entrepreneurs. The presence of healthcare facilities and a growing retail sector also provides diverse employment opportunities for residents.
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About Paragould, Arkansas
Paragould, Arkansas, is a growing city located in Northeast Arkansas, known for its welcoming atmosphere and blend of historic charm with modern amenities. The city serves as a regional hub, offering residents a lower cost of living compared to national averages and access to quality education and healthcare. Its strategic location allows for relatively easy travel to larger metropolitan areas like Memphis, Tennessee, and Little Rock, Arkansas. Paragould attracts new residents with its strong community focus, abundant outdoor activities, and a commitment to economic development.
Established in the late 19th century with the convergence of two railroads, Paragould has maintained its historical character, particularly in its vibrant downtown district. The city's commitment to enhancing the quality of life for its residents is evident in its highly-rated school districts, modern community center, and ongoing development of recreational infrastructure like the 8 Mile Creek Trail project.
About Arkansas
Arkansas, known as "The Natural State," offers diverse geography from the Ozark and Ouachita Mountains to the Mississippi River Delta, fostering a relaxed, nature-oriented lifestyle. The economy, historically rooted in agriculture with rice and poultry as leading products, has diversified to include significant contributions from manufacturing (food products, chemicals, wood and paper products, aerospace parts) and a growing service sector, largely influenced by Walmart's presence. Living in Arkansas is generally affordable, with a cost of living consistently below the national average, particularly for housing. The state experiences a humid subtropical climate with mild winters and hot, humid summers, and while property taxes are low, sales taxes can be high.