Housing in Jackson

A typical Jackson home is worth roughly $142,000

Typical home value

$142K

IN $260K

Estimate

2-bedroom rent

$1,030

a month, utilities in · HUD

Median tax bill

$887

IN $1,614

What kind of housing town is Jackson?

Read from the numbers below. The page puts what stands out first.

Your money goes further46% below the Indiana typical home.

★ What stands out · Affordability

A typical home costs 2.6 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about

$223,000

Typical Jackson home $142K

That covers a typical Jackson home, with $81K to spare.

The typical home, each month

$820

Loan $700Tax $70Insurance $40

A two-bedroom rents for about $1,030 a month here, $210 more than owning.

Where your budget reaches nearby

Morgan$170K Jennings$191K Washington$283K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Jackson’s typical property tax (0.63% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,030

Renters already here pay a median of $954.

Fair Market Rent a month, utilities included

Studio$820

1 bedroom$850

2 bedrooms$1,030

3 bedrooms$1,280

4 bedrooms$1,600

31%

of households rent · IN 29%

197

renter households

41%

of renters spend 30%+ of income on rent · IN 48%

22%

of the median income, for a two-bedroom

$954

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Owen County, IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

69% of Jackson households own their home

Half of Jackson’s homes were built before 1985.

Owners and renters

Own 69%Rent 31%

Indiana: 71% own.

1985

typical home built · IN 1976

$887

median property tax bill · IN $1,614

0.63%

of a home’s value, a year in tax · IN 0.74%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Jackson vs. its neighbors

Jackson is the least expensive of 4 neighboring towns. Tap one to see its housing page.

Washington$283K Jennings$191K Morgan$170K Jackson$142K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Jackson	$142K*	—	$1,030	$55,109
Morgan	$170K*	—	$1,020	$52,455
Jennings	$191K*	+4.6%†	$1,090	$43,646
Washington	$283K*	—	$1,030	$84,179

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Jackson buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Jackson still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.