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Housing in Jackson

A typical Jackson home is worth roughly $126,000

Home prices around Jackson have risen about 35% over the past 5 years.

Typical home value
$126K
▼ 0.4% in a year · IN $260K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$955
IN $1,614

What kind of housing town is Jackson?

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

★ What stands out · Affordability

A typical home costs 2.1 years of income

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

You could afford about
$231,000
Typical Jackson home $126K

That covers a typical Jackson home, with $105K to spare.

The typical home, each month
$750
Loan $620Tax $90Insurance $40

A two-bedroom rents for about $960 a month here, $210 more than owning.

How Jackson ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Jackson’s typical property tax (0.85% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

77% of Jackson households own their home

Half of Jackson’s homes were built before 1954.

Owners and renters
Own 77%Rent 23%

Indiana: 71% own.

1954
typical home built · IN 1976
$955
median property tax bill · IN $1,614
0.85%
of a home’s value, a year in tax · IN 0.74%
1%
of homes are seasonal or vacation homes

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

Price trend

Home prices up 35% in 5 years

The federal house price index for the ZIP codes around Jackson rose 35% over the past 5 years, slower than across Indiana (53%). Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical Jackson home at roughly $126,000 today.

Jackson areaIndiana
−50%0%+50%+100%+150%200020052010201520202025
−0.4%
past year
+35%
past 5 years
+80%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $126K.

How Jackson ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Jackson, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $960

Renters already here pay a median of $791, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$730
1 bedroom$730
2 bedrooms$960
3 bedrooms$1,190
4 bedrooms$1,270
23%
of households rent · IN 29%
415
renter households
59%
of renters spend 30%+ of income on rent · IN 48%
20%
of the median income, for a two-bedroom
$791
median rent paid today · Census

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

Next door

Jackson vs. its neighbors

Jackson is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Jackson$126K*−0.4%†$960$58,984
Harrison$239K*−0.4%†$970$105,000
Dudley$159K*—$980$83,594
Washington$156K*—$980$81,974
Jefferson$126K*−2.2%†$960$61,212
Posey—+4%†$960$101,083

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. Price trend: Federal Housing Finance Agency House Price Index. 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.

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