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Jackson

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

Median Home$131,658
Median Rent$759/month
Population3,316
Leading IndustriesRetail · Public Administration · Transportation22% retail
Home Value Growth⬆⬆⬆+23.7% over 2 years
Retirees22% of residentsnear the national average
Homeowners67% of occupied units
NotableAffordable Market$132k median home · lower cost than 80% of the country
NotableVeteran Community9% of residents · top 22% nationally
Jackson
MN

Frequently Asked Questions

What are today's mortgage rates in Jackson?

As of today, the 30-year fixed mortgage rate for Jackson is approximately 7.182% (7.230% 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 $132k. The median monthly rent is $759. 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 23.7% 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 $829/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jackson is $70k/year.

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What industries drive the economy in Jackson?

The largest employment sectors in Jackson are public administration (29%) and retail (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.