Jackson

Mississippi · Ranked #14 of 102 metros

70Affordable

Median Home Price

🏠

$175K

Need $50K income

Median Rent

🔑

$900

Need $36K income

Housing Shortage

📉

8,000

units needed

Building Permits

🔨

2,500

annual

Median Income

💰

$48K

Pop: 580,166

Rent Burden

⚠️

31.0%

of renters paying >30%

Price Change (YoY)

📈

+3%

Homeownership

🏡

61.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricJacksonNational
Price-to-Income Ratio3.6x6.1x
Rent Burden31.0%31.5%
Homeownership Rate61.0%65.5%
YoY Price Change+3%+3.5%
YoY Rent Change+2.5%+2.8%
Mortgage Denial Rate18.0%13.5%
Eviction Rate7.0%3.6%