MyNeighborhood

Can you afford to live in Jackson?

Median household income, home values and rent in Jackson, TN — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Jackson.

Median household income: $51,552 — +35.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,094/mo — +42.3% since 2015

Median home value, 2015 to 2023

  • 2015: 119700
  • 2023: 195000

Median household income

  • Jackson: 51552
  • Madison County: 58189
  • TN: 67097
  • U.S.: 78538

Median gross rent

  • Jackson: 1094
  • Madison County: 1076
  • TN: 1122
  • U.S.: 1348

Share of income a typical renter spends on rent: 34.3% — U.S.: 30.2%

What it means

The typical household here earns $51,552 — far lower than the national figure of $78,538.

The typical renter here spends 34.3% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+42.3% versus +35.1%), before adjusting for inflation.

Sources

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