Jackson, MS · Mississippi

Rankin County

ZIP 39042

158,218 residents463 permits TTM$77,454 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$223,400

ACS 5-Year

Cap rate proxy

6.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.7%

HUD FMR ÷ ACS HHI

Net migration

+1.65%

IRS SOI

Permits (TTM)

463

Census BPS

Climate risk

85.0

FEMA NRI (0–100)

ZIP 39042

Median home value

$284,028

Gross yield

5.6%

Cap rate

7.3%

Rent gap

-29.8%

Affordability

P/I: 3.7R/I: 26.7%

Section 8 detail

SAFMR: $1,330Rent: $1,210Gap: 9.9%
ZIP code breakdown10 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
39218$220,589$1,3407.3%6.6%9.7%
39167$223,400county est.$1,4507.8%6.5%16.6%
39193$223,400county est.$1,3507.3%6.5%10.4%
39148$223,400county est.$1,1406.1%6.5%-6.1%
39208$212,739$1,3507.6%8.1%-6.4%

Ranked by composite score

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Demographics

Owner-occupied

77.6%

Census ACS

Vacancy rate

6.9%

Census ACS

Bachelor's degree +

32.8%

Census ACS

Rent burdened

50.8%

Census ACS (>30% income)

Median age

39.4

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 16, 2026