📍 Zip Code 39201 · Jackson, MS · Hinds County

Mortgage Costs in 39201
Jackson, MS

Real 2026 data · Property tax 0.7% · 7.1% mortgage rate
$175,000
Median Home Price
$1,116
All-In Monthly (20% down)
$47,822
Salary Needed
Yes
Affordability on Avg Income

Full Cost Breakdown — 39201 (Jackson, MS)

Cost Item
20% Down ($35,000)
10% Down ($17,500)
Principal & Interest
$941/mo
$1,058/mo
Property Tax (0.7%)
$102/mo
$102/mo
Home Insurance (~0.5%)
$73/mo
$73/mo
PMI (if <20% down)
$79/mo
Total All-In
$1,116/mo
$1,312/mo

What Salary Do You Need to Buy in 39201?

Using the standard 28% gross income housing rule, you need approximately $47,822/year to comfortably afford the median home in Jackson, MS with 20% down at today's 7.1% rate.

The average household income in Hinds County is approximately $48,000/year — which means buying the median home here is yes for the average family.

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Property Tax in 39201 (Hinds County)

Hinds County has a property tax rate of approximately 0.7% — below the national average of 1.1%. On a $175,000 home, this equals $102/month or $1,225/year in property taxes.

Property taxes can often be appealed if your assessment seems high. Ownwell specializes in property tax appeals — they only charge if they save you money.

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Potential savings: $184/year. No win = no fee.
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Will a Bank Approve You in Jackson?

Approval depends on your specific profile — credit score, income, existing debts, and down payment. The Bank Rejection Engine shows exactly how 5 different lender types would score your application for a home in 39201.

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