Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 3,740, 806 total housing units (homes and apartments), and a median house value of $132,183, house prices in Jackson are solidly below the national average.
Single-family detached homes are the single most common housing type in Jackson, accounting for 54.61% of the town's housing units. Other types of housing that are prevalent in Jackson include mobile homes or trailers ( 35.78%), duplexes, homes converted to apartments or other small apartment buildings ( 4.46%), and a few large apartment complexes or high rise apartments ( 3.57%).
Renters dominate Jackson's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
There is a lot of housing in Jackson built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jackson built between 1940-1969 ( 26.76%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.35%). There's also some housing in Jackson built before 1939 ( 6.05%).
Vacant housing appears to be an issue in Jackson. Fully 20.12% of the housing stock is classified as vacant. Left unchecked, vacant Jackson homes and apartments can be a drag on the real estate market, holding Jackson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Jackson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.16%, which ranks in the top 50% nationwide. This equates to an annual average Jackson house appreciation rate of 1.24%.
Over the last year, Jackson appreciation rates have trailed the rest of the nation. In the last twelve months, Jackson's appreciation rate has been -6.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jackson were at -0.29%, which equates to an annual appreciation rate of -1.15%.
Notably, Jackson's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that Jackson's latest annual appreciation rate is lower than 90% of the other cities and towns in Louisiana.
|$798,001 - $1,064,000||0.0|
|$532,001 - $798,000||0.0|
|$425,001 - $532,000||0.0|
|$319,001 - $425,000||2.6|
|$213,001 - $319,000||3.8|
|$107,001 - $213,000||16.5|
|$53,001 - $107,000||35.8|
|$0 - $53,000||40.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
2000 Q1 - 2019 Q1
|* 10 is highest|
|AGE OF Jackson HOMES|
|2000 or Newer||16.4|
|1970 - 1999||50.8|
|1940 - 1969||26.8|
|1939 or Older||6.0|
|TYPE OF Jackson HOMES|
|Small Apt. Buildings||4.5|
|SIZE OF Jackson HOMES|
|5 or more bedrooms||2.18|