Cost of Living in Jackson, MI
Population: 31,206 • 2026 Data
$42,848
Median Household Income
-45% vs national
$874
Median Monthly Rent
-35% vs national
$94,700
Median Home Value
-72% vs national
10.8%
Unemployment Rate
Housing in Jackson
The median home value in Jackson, MI is $94,700. Monthly rent for a typical unit averages $874, while total monthly housing costs (including utilities and insurance) average $850.
Rent-to-income ratio: 24.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Jackson, MI is $42,848. The unemployment rate stands at 10.8%, with a labor force of 14,804 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.