Jackson, MS home prices
Typical home $212,335 · +2.7% in a year · income needed $60,200
The Jackson, MS metro area ranks 596 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.7% in a year and +19.0% over five years. With 20% down at 7.11%, the typical home costs about $1,404 a month including 0.88% property tax (Hinds County rate).
Mortgage on the typical Jackson home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $42,467 | $169,868 | $1,143 | $0 | $261 | $1,404 | $60,200 |
| 10% down | $21,234 | $191,102 | $1,286 | $80 | $261 | $1,627 | $69,700 |
| 5% down | $10,617 | $201,718 | $1,357 | $84 | $261 | $1,702 | $73,000 |
| 3.5% down (FHA) | $7,432 | $208,489 | $1,403 | $94 | $261 | $1,758 | $75,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.88% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Jackson area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hinds County, MS | $130,045 | +1.8% | 0.88% |
| Rankin County, MS | $271,112 | +3.4% | 0.6% |
| Madison County, MS | $336,172 | +1.1% | 0.68% |
| Copiah County, MS | $126,892 | +1.1% | 0.72% |
| Yazoo County, MS | $105,424 | +6.0% | 0.78% |
| Simpson County, MS | $159,366 | -0.4% | 0.61% |
| Holmes County, MS | $90,098 | -4.7% | 0.86% |
What can you afford in Mississippi on your salary? · Mississippi home prices · Salaries in Mississippi
Frequently asked questions
How much is a house in Jackson?
The typical home in the Jackson, MS metro area is worth $212,335 (Zillow, September 2026).
What salary do you need to buy a house in Jackson?
About $60,200 a year for the typical home with 20% down at 7.11%.