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Buying a home in Jackpot, Nevada

The typical owner-occupied home in Jackpot is worth about $157,900, 64% below the Nevada median of $435,400 and 53% below the national median of $332,700. Owners pay a median $497 a year in property taxes, about 0.31% of their home's value, lower than the Nevada rate of 0.47%. 35% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.

Jackpot at a glance

Jackpot Nevada U.S.
Median home value $157,900 $435,400 $332,700
Median property tax paid per year $497 $2,027 $3,119
Property tax as a share of value 0.31% 0.47% 0.94%
Median household income – $78,260 $80,734
Homes lived in by their owners 35% 60% 65%
Owner homes with a mortgage 64% 66% 61%
Median monthly costs, owners with a mortgage $773 $1,932 $1,963
Those costs as a share of the owners' income 36.3% 22.3% 21.0%
Median rent $725 $1,597 $1,413
Rent as a share of renters' income 25.3% 33.1% 30.6%
Median year homes were built 1986 1996 1980
Vacant homes 23.0% 9.3% 10.1%
Population 1,415 3,184,612 334,922,499

What a typical home costs per month in Jackpot

At this week's average 30-year rate of 7.11%, buying the median Jackpot home of $157,900 with 20% down costs about $956 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,219, 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 $40,986 for the 20%-down payment.

The median rent here is $725 a month, so owning the median home costs about $231 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$31,580
Loan amount$126,320
Principal and interest$850
Property taxes (0.31% a year)$41
Homeowners insurance (our estimate, 0.5% a year)$66
PMI$0
Total per month$956

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3.5% down, 30-year FHA loan
Down payment$5,526
Loan amount$155,040
Principal and interest$1,043
Property taxes (0.31% a year)$41
Homeowners insurance (our estimate, 0.5% a year)$66
FHA mortgage insurance$70
Total per month$1,219

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Questions about home buying in Jackpot

What is the median home value in Jackpot?

About $157,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Jackpot?

Homeowners pay a median $497 a year, which is about 0.31% 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 Jackpot?

For the median home with 20% down at 7.11%, the payment is about $956 a month. Keeping that under 28% of gross income takes about $40,986 a year.

More about Jackpot

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