Jackson, TN home prices
Typical home $201,741 · +0.7% in a year · income needed $54,900
The Jackson, TN metro area ranks 630 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.7% in a year and +17.5% over five years. With 20% down at 7.11%, the typical home costs about $1,281 a month including 0.56% property tax (Madison 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 | $40,348 | $161,393 | $1,086 | $0 | $195 | $1,281 | $54,900 |
| 10% down | $20,174 | $181,567 | $1,221 | $76 | $195 | $1,492 | $63,900 |
| 5% down | $10,087 | $191,654 | $1,289 | $80 | $195 | $1,564 | $67,000 |
| 3.5% down (FHA) | $7,061 | $198,087 | $1,333 | $89 | $195 | $1,617 | $69,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.56% 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 |
|---|---|---|---|
| Madison County, TN | $222,721 | -1.1% | 0.56% |
| Gibson County, TN | $178,894 | +2.1% | 0.66% |
| Chester County, TN | $164,234 | +0.8% | 0.52% |
| Crockett County, TN | $190,919 | +6.5% | 0.59% |
What can you afford in Tennessee on your salary? · Tennessee home prices · Salaries in Tennessee
Frequently asked questions
How much is a house in Jackson?
The typical home in the Jackson, TN metro area is worth $201,741 (Zillow, September 2026).
What salary do you need to buy a house in Jackson?
About $54,900 a year for the typical home with 20% down at 7.11%.