Jackson, Mississippi has an overall cost of living index of 98.5, which is 1.5 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,018 per month, while the typical home is valued around $108,200. Households earn a median of $43,238 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 23. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$43,238
Annual · Census ACS
Median Gross Rent
$1,018
Per month · Census ACS
Median Home Value
$108,200
Census ACS
Cost of Living Index
98.5
BEA RPP · US avg = 100
Studio FMR
$1,091
HUD Fair Market Rent
1BR Fair Market Rent
$1,097
HUD FMR
2BR Fair Market Rent
$1,288
HUD FMR
3BR Fair Market Rent
$1,544
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
98.5
Goods
95.0
Rents / Housing
103.3
Services
90.9
Source: BEA Regional Price Parities (metro-level)
State Income Tax
4.70%
Top marginal rate
State Sales Tax
7.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $118,560 |
| 🏥Registered Nurse | $83,040 |
| 📚Elementary Teacher | $65,890 |
| ⚡Electrician | $52,930 |
| 📊Accountant | $79,960 |
Source: BLS OEWS 2023 (metro-level data)
Population
149,827
Latest estimate
Median Age
34.7 yrs
Census ACS
Average AQI
23.0
Source: EPA AirNow
What is the cost of living index for Jackson?
Jackson has a Regional Price Parity (RPP) index of 98.5. The US national average is 100, so Jackson is 1.5 points below the national average.
What is the median rent in Jackson?
The median gross rent in Jackson is $1,018 per month according to US Census ACS data.
What is the median household income in Jackson?
The median household income in Jackson is $43,238 per year.
What is the median home value in Jackson?
The median home value in Jackson is $108,200 based on the latest Census ACS survey.
How is the air quality in Jackson?
Jackson has an average Air Quality Index (AQI) of 23.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Jackson?
Mississippi has a top state income tax rate of 4.70% and a statewide sales tax of 7.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology