Jackson County, Indiana Housing Market
In Jackson County, Indiana, the median home value is $178,300, with a median monthly rent of $1,004. This places Jackson County at #1663 nationally out of 3134 counties by median home value, and #48 within Indiana.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,156
- Establishments: 997
- BLS QCEW, 2025
Housing Supply
- Single-family: 95
- Multi-family: 19
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 18,578 (avg $65,992)
- Outflow: 17,985 (avg $66,341)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Jackson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 47229 | 236.2 | -3.90% | 2025 |
| 2 | 47102 | 234.8 | +7.63% | 2025 |
| 3 | 47220 | 215.7 | +16.11% | 2024 |
| 4 | 47281 | 189.6 | +23.41% | 2022 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Jackson County Compares
| Metric | Jackson County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $178,300 | $191,898 | $227,706 |
| Median Gross Rent | $1,004 | $910 | $968 |
| Owner Occupancy Rate | 73.2% | 76.3% | 73.3% |
| Price/Rent Ratio | 14.8 | 17.5 | 18.7 |
Market Analysis
The median home value in Jackson County is 7.1% below the Indiana state average and 21.7% below the U.S. national average. The median rent of $1,004/month is 10.3% above the state average.
With a price-to-rent ratio of 14.8, buying a home in Jackson County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Jackson County has an owner-occupancy rate of 73.2%, compared to 76.3% in Indiana and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| St. Joseph County | Michigan | $178,300 | $849 |
| Adams County | Indiana | $178,400 | $833 |
| Gallatin County | Kentucky | $178,200 | $832 |
| Madison County | Arkansas | $178,100 | $729 |
| Richmond County | Georgia | $178,500 | $1,141 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Adams County | $178,400 | $833 | 83.5% |
| Gibson County | $180,000 | $935 | 76.7% |
| White County | $175,900 | $901 | 81.0% |
| Switzerland County | $175,800 | $758 | 78.5% |
| Carroll County | $180,900 | $890 | 82.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).