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Affordable
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These days, finding an affordable place to live in the Jackson area can be challenging. Home prices in Jackson are now at a median cost of $155,410, lower than the Minnesota average of $345,793.
The average cost of rent is $796/mo in Jackson, primarily driven by the current value of real estate in the Jackson area. In Jackson, 29.61% of households rent, and 44.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jackson is $6,600 per month. Households that rent pay about 12.06% of their income on rent here. Jackson’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Petersburg, MN: higher priced homes
- Alpha, MN: higher priced homes
- Lakefield, MN: equally priced homes
- Dunnell, MN: less expensive homes
- Orleans, IA: higher priced homes
- Superior, IA: higher priced homes
- Sherburn, MN: equally priced homes
- Huntington, IA: equally priced homes
- Spirit Lake, IA: higher priced homes
- Montgomery, IA: higher priced homes
Cities with Similar Populations
- New Haven, MO: higher priced homes
- North Barrington, IL: higher priced homes
- Burlington, CO: higher priced homes
- Las Animas, CO: equally priced homes
- Lakehurst, NJ: higher priced homes
- Centerville, MN: higher priced homes
- Chester, WV: less expensive homes
- Clearlake Oaks, CA: higher priced homes
- Corning, AR: less expensive homes
- Keeseville, NY: equally priced homes
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