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 about Scout's Real Estate Data
With a population of 6,226, 2,650 total housing units (homes and apartments), and a median house value of $258,304, 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 76.15% of the city's housing units. Other types of housing that are prevalent in Jackson include large apartment complexes or high rise apartments ( 14.30%), duplexes, homes converted to apartments or other small apartment buildings ( 7.48%), and a few mobile homes or trailers ( 2.08%).
People in Jackson primarily live in small (one, two or no bedroom) single-family detached homes. Jackson has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Jackson's housing was primarily built during this period, from the '40s through the '60s. A full 34.06% of the city's housing hails from this era. Other housing ages represented in Jackson include homes built before 1939 ( 30.25%) and housing constructed between 1970-1999 ( 28.38%). There's also some housing in Jackson built between 2000 and later ( 7.30%).
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 95.95%, which ranks in the top 50% nationwide. This equates to an annual average Jackson house appreciation rate of 6.96%.
NeighborhoodScout's data show that during the latest twelve months, Jackson's appreciation rate, at 4.36%, has been at or slightly above the national average. In the latest quarter, Jackson's appreciation rate has been 2.10%, which annualizes to a rate of 8.66%.
Relative to Ohio, our data show that Jackson's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.
$258,304
for Ohio
for nation
2,650
$1,302 / per month