Average Cost of Living in Jackson, MS
The cost of living in the capital is only 1.2% higher than average for the state and 17.7% lower than the national average. There are cities in Mississippi that are more affordable, but not in the vicinity of Jackson. Surrounding municipalities include Pearl, Byram, Clinton, Richland, and Ridgeland. Pear is .01% lower than Jackson, while the other three cities are 3.8% to 9.8% higher.
Average Home Prices in Jackson, MS
Jackson houses are well-priced for the area. The median home cost in the city is $134,400 - nearly $6,000 higher than Mississippi's average of $128,000 and close to $97,000 below the national average of $231,200. You'll pay $128,700 for a home in Pearl, but in other neighboring cities like Byram, Clinton, Richland, and Ridgeland, prices range between $147,600 and $194,700. Rent-to-own homes in Jackson are affordable, but even more so compared to the rest of the region.
Jackson, MS Statistics
If you're interested in Jackson, MS rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Jackson, MS statistics compared to the U.S. national average.
|Jackson Averages||National Averages|
|One-Way Commute||20.5 minutes||26.4 minutes|
|Income Tax Rate||5.0%||4.6%|
|Median Household Income||$33,080||$53,482|
|Median Property Taxes||$1,357||$2,200|
|Median Home Cost||$134,400||$231,200|
|Median Home Age||48 years||40 years|
Popular Amenities and Attractions in Jackson, MS
There's plenty of opportunity for education in Jackson. There are four schools of higher learning with over 12,000 students enrolled in the city, and another 3,000 in the University of Mississippi Medical Center. Nearly 38% of people living in the Jackson area aged 25 years and older have an advanced degree. Jackson preserves a lot of Mississippi's history in its museums. The Mississippi Civil Rights Museum and the Museum of Mississippi History are located in two adjacent buildings in Jackson's downtown. You can learn about the state's early inhabitants, Native Americans, European settlement, the civil rights movement, and more between the two museums.
Due to the city's destruction during the Civil War, the only buildings in Jackson that predate the 1850s are the old capitol and the governor's mansion. Both structures have been restored and turned into museums. Visit the Old Capitol Museum and the Mississippi Governor's Mansion to see stunning Greek architecture and learn about what transpired in those buildings while they were in operation.
If you're a sports fan, Jackson has something for you as well. Many athletes and sports personalities originated from Mississippi. You can learn about their careers and the state's sports heritage at the Mississippi Sports Hall of Fame and Museum. For educational entertainment for people of all ages, visit the Mississippi Museum of Natural Science and the Jackson Zoo.
The "City with Soul" has so much to offer, including a history of rebounding when the going gets tough. If you're looking for a city with employment and education opportunities and whose residents understand the importance of civil rights, you've come to the right place - Jackson, Mississippi.