Jackson
Mississippi · Ranked #222 of 373 metros
70Affordable
💡
Housing in Jackson costs 3.22× the median income, below the national average of 4.5×. The median home price is $204K and median rent is $964/month. Jackson ranks #222 of 373 metros for affordability.
Median Home Price
🏠$204K
Need $50K income
Median Rent
🔑$964
Need $36K income
Housing Shortage
📉8,000
units needed
Building Permits
🔨1,398
annual
Median Income
💰$63K
Pop: 580,166
Rent Burden
⚠️31.0%
of renters paying >30%
Price Change (YoY)
📈+3%
Homeownership
🏡77.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Jackson | National |
|---|---|---|
| Price-to-Income Ratio | 3.22x | 6.1x |
| Rent Burden | 31.0% | 31.5% |
| Homeownership Rate | 77.0% | 65.5% |
| YoY Price Change | +3% | +3.5% |
| YoY Rent Change | +2.5% | +2.8% |
| Mortgage Denial Rate | 18.0% | 13.5% |
| Eviction Rate | 7.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +41%Since 2000: +105.5%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,091/mo
1 Bedroom$1,097/mo
2 Bedroom$1,288/mo
3 Bedroom$1,544/mo
4 Bedroom$1,705/mo
Zillow Market Data
Home Value (ZHVI)
$208K
1yr: +1.9%5yr: +26.4%
Rent (ZORI)
$1,479/mo
1yr: +3.8%5yr: +31.6%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$195K
Active Inventory
377
Days on Market
58
Sold Above List
23.5%
Price Drops
19.4%