Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Queens-Magnolia Terrace area can be challenging. Home prices in Queens-Magnolia Terrace are now at a median cost of $75,984, lower than the Jackson average of $204,077.
The average cost of rent is $1,204/mo in Queens-Magnolia Terrace, primarily driven by the current value of real estate in the Queens-Magnolia Terrace area. In Queens-Magnolia Terrace, 43.77% of households rent, and 46.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Queens-Magnolia Terrace is $2,676 per month. Households that rent pay about 45.00% of their income on rent here. Queens-Magnolia Terrace’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- West Central Jackson, Jackson, MS: higher priced homes
- Greater Belhaven, Jackson, MS: higher priced homes
- Fondren North Renaissance, Jackson, MS: higher priced homes
- Citizens Southwest, Jackson, MS: higher priced homes
- Northbrook, Jackson, MS: higher priced homes
- Broadmoor-Anderson Isle-Shreve Isle, Shreveport, LA: higher priced homes
- Springlake-University Terrace, Shreveport, LA: higher priced homes
- Ellerbee Woods, Shreveport, LA: higher priced homes
- Highland-Stoner Hill, Shreveport, LA: higher priced homes
- Caddo Heights-South Highlands, Shreveport, LA: higher priced homes
Neighborhoods with Similar Populations
- Northeast Heights, Wichita, KS: higher priced homes
- Rogers Park, Fort Collins, CO: higher priced homes
- Greendale Village, Needham, MA: higher priced homes
- Waters, Lubbock, TX: higher priced homes
- Vale and Eastern Avenue, Schenectady, NY: higher priced homes
- Downtown, Portland, ME: higher priced homes
- Grafton Hill, Worcester, MA: higher priced homes
- Plaza-Shamrock, Charlotte, NC: higher priced homes
- Chatham Parkway, Savannah, GA: less expensive homes
- Tice, Fort Myers, FL: higher priced homes
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