Visit Palestine The Diamond of the Delta Highlights ECONOMY The unemployment rate in Palestine is 5.4% (U.S. avg. is 5.2%). Palestine jobs have increased by 2.08%. POPULATION Palestine's population is 623 people. Welcome to TRANSPORTATION Average Commute time is 20 minutes. The National Average is 26 minutes. Palestine Mome of the Patricts est. 1870 REAL ESTATE The median home cost in Palestine is $67,000. Home appreciation the last 10 years has been 2.77%. SCHOOLS Palestine-Wheatley public schools spend $12,114 per student. The average school expenditure in the U.S. is $12,383. There are about 14.1 students per teacher in Palestine. Palestine is located in northeastern Arkansas on Interstate 40 and State Highway 70, with the L'Anguille River on its east side. It is one of the oldest towns in St. Francis County and was also the site of the first county school. Visit for the LAnguille River Fest Great family friendly entertainment in a small town atmosphere! Housing Market in Palestine It's a good time to buy in Palestine. Home Appreciation is up 2.8% in the last 12 months. PALESTINE