What is the median home value in Hinds County, MS?

The median home value in Hinds County, MS is $151,200, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Hinds County, MS?

The cap rate proxy in Hinds County, MS is 10.2% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is above average for cash-flow investors.

How much new construction is happening in Hinds County, MS?

Hinds County has 222,494 residents and issued 296 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Jackson, MS · Mississippi

Hinds County

222,494 residents296 permits TTM$49,966 median HHI21 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$151,200

ACS 5-Year

Cap rate proxy

10.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

24.8%

HUD FMR ÷ ACS HHI

Net migration

+1.14%

IRS SOI

Permits (TTM)

296

Census BPS

Climate risk

94.3

FEMA NRI (0–100)

ZIP code breakdown21 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
39209	$47,735	$1,150	28.9%	23.9%	15.2%
39213	$50,277	$990	23.6%	23.2%	0.2%
39204	$48,229	$1,080	26.9%	26.9%	-2.2%
39212	$95,468	$1,350	17.0%	15.1%	9.8%
39203	$42,762	$890	25.0%	25.9%	-16.0%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$106,459	$1,280	14.4%	15.4%	-9.3%
$151,200county est.	$1,570	12.5%	10.1%	19.0%
$120,504	$1,070	10.7%	9.7%	3.5%
$123,937	$1,030	10.0%	9.5%	-0.2%
$204,056	$1,460	8.6%	9.4%	-12.7%
$135,965	$840	7.4%	8.6%	-22.9%
$230,893	$1,400	7.3%	8.2%	-16.1%
$151,200county est.	$1,400	11.1%	8.2%	26.3%
$151,200county est.	$1,250	9.9%	8.2%	17.4%
$151,200county est.	$1,130	9.0%	8.2%	8.7%
$151,200county est.	$940	7.5%	8.2%	-9.8%
$217,781	$1,360	7.5%	6.9%	5.8%
$181,720	$1,090	7.2%	6.6%	5.4%
$217,730	$1,590	8.8%	5.6%	35.1%
$248,956	$1,330	6.4%	4.8%	22.4%
$259,471	$1,160	5.4%	4.6%	11.0%

Demographics

Owner-occupied

57.9%

Census ACS

Vacancy rate

15.5%

Census ACS

Bachelor's degree +

31.1%

Census ACS

Rent burdened

50.5%

Census ACS (>30% income)

Median age

36.6

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Hinds County

See all 21 ZIPs ranked by yield and cap rate