The typical owner-occupied home in Jackson County is worth about $193,100, 14% above the Mississippi median of $169,800 and 42% below the national median of $332,700. Owners pay a median $1,366 a year in property taxes, about 0.71% of their home's value, close to the Mississippi rate of 0.72%. The median household earns $66,201 a year, so the median home costs 2.9 times the median income (3.0 times for Mississippi). 73% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Jackson County at a glance
| Jackson County | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $193,100 | $169,800 | $332,700 |
| Median property tax paid per year | $1,366 | $1,215 | $3,119 |
| Property tax as a share of value | 0.71% | 0.72% | 0.94% |
| Median household income | $66,201 | $56,447 | $80,734 |
| Homes lived in by their owners | 73% | 70% | 65% |
| Owner homes with a mortgage | 55% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,550 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 20.4% | 19.8% | 21.0% |
| Median rent | $1,101 | $954 | $1,413 |
| Rent as a share of renters' income | 30.3% | 30.7% | 30.6% |
| Median year homes were built | 1984 | 1986 | 1980 |
| Vacant homes | 9.3% | 14.6% | 10.1% |
| Population | 145,249 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Jackson County
At this week's average 30-year rate of 7.11%, buying the median Jackson County home of $193,100 with 20% down costs about $1,234 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,556, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $52,882 for the 20%-down payment. That payment is 22% of the median Jackson County household income of $66,201; at that income and 20% down, the 28% guideline points to a home of about $242,000.
The median rent here is $1,101 a month, so owning the median home costs about $133 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $38,620 |
|---|---|
| Loan amount | $154,480 |
| Principal and interest | $1,039 |
| Property taxes (0.71% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $80 |
| PMI | $0 |
| Total per month | $1,234 |
Change the numbers in the calculator
| Down payment | $6,758 |
|---|---|
| Loan amount | $189,602 |
| Principal and interest | $1,275 |
| Property taxes (0.71% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $80 |
| FHA mortgage insurance | $85 |
| Total per month | $1,556 |
Change the numbers in the calculator
Questions about home buying in Jackson County
What is the median home value in Jackson County?
About $193,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Jackson County?
Homeowners pay a median $1,366 a year, which is about 0.71% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Jackson County?
For the median home with 20% down at 7.11%, the payment is about $1,234 a month. Keeping that under 28% of gross income takes about $52,882 a year.
More about Jackson County
- Mortgage Refinance in Jackson County
- Debt Relief in Jackson County
- Home Equity Loans in Jackson County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data