Tax Bracket Calculator for Jackson, MS
Updated 2026 · Local data pre-filled
With a median household income of $44,200, most Jackson residents fall in the 22% federal bracket. Add your state and local taxes on top for your total effective rate. Understanding your bracket helps you make smarter decisions about Roth vs Traditional IRA contributions, charitable giving, and deductions.
✓ Calculator below is pre-filled with Jackson local data
How Jackson Compares to the National Average
Understanding how Jackson stacks up helps you calibrate your financial planning.
| Metric | Jackson, MS | US Average | Difference |
|---|---|---|---|
| Median Home Price | $155,000 | $420,800 | -63.2% |
| Median Monthly Rent | $850 | $1,713 | -50.4% |
| Median Household Income | $44,200 | $74,580 | -40.7% |
| Property Tax Rate | 0.82% | 1.10% | -25.5% |
| Cost of Living Index | 79 | 100 | -21.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Jackson Financial Snapshot
- Population (Metro)
- 580,000
- Unemployment
- 6.2%
- Avg Commute
- 22 min
- Median Age
- 33.2
- Price-to-Rent Ratio
- 15.2x
- Annual Property Tax
- $1,271
Frequently Asked Questions — Jackson
What is the median home price in Jackson, MS?
The median home price in Jackson is $155,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Jackson?
Median monthly rent in Jackson is $850. That works out to $10,200/year, or 23% of the median household income — within the commonly recommended 30% of income guideline.
Is Jackson affordable?
Jackson's cost of living index is 79 vs. the national average of 100. With a median household income of $44,200/year and a median home price of $155,000, the price-to-income ratio is 3.5x. Jackson remains relatively affordable compared to many US metros.
What is the property tax rate in Jackson?
The effective property tax rate in Jackson is 0.82% of assessed value. On the median home of $155,000, that's roughly $1,271/year ($106/month).