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Jackson

Learn about the people, housing, costs and businesses in Jackson, Montana

Median Home$279,700
Median Rent$714/month
Population41
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade30% construction
Home Value Growth⬆⬆+13.8% over 2 years
Retirees38% of residentstop 2% nationally
Homeowners74% of occupied units
NotableTransit79/100 · excellent transit access
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Jackson
MT

Frequently Asked Questions

What are today's mortgage rates in Jackson?

As of today, the 30-year fixed mortgage rate for Jackson is approximately 6.933% (6.970% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Jackson?

The median home value in Jackson is $280k. The median monthly rent is $714. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jackson?

Home values in Jackson have increased 13.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Jackson?

Based on a typical all-in ownership cost of $681/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jackson is $62k/year.

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What industries drive the economy in Jackson?

The largest employment sectors in Jackson are agriculture and mining (30%) and construction (30%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.