HousingHandbookReference data

U.S. ZIP Code · MS39203

Hinds County · Jackson, MS

Typical home value

$47,750[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-5.2%
5-year / yr
-0.9%
10-year / yr
+2.6%

Relative price

vs U.S.
-83.2%
vs metro
-70.3%
vs state
-68.6%
ZIP 39203 location in MS
Location of ZIP 39203 in MS

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 39203 is worth $47,750 — 70.3% below the Jackson, MS median. Over the past year, values have fallen 5.2%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$318[3]

#Climate risk

FEMA National Risk Index ratings for Hinds County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively High
Hurricane
Relatively Moderate
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
4,019[3]
Median household income
$26,569[3]

#Migration

Household moves in and out of Hinds County over a year, from IRS tax-return data.

Net migration
-1,415[5]
Moved in
4,226
Moved out
5,641

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • LANIER HIGH SCHOOL

    High · Grades 7–12 · JACKSON PUBLIC SCHOOL DISTRICT

    863 students

  • BLACKBURN MIDDLE SCHOOL

    Middle · Grades 6–8 · JACKSON PUBLIC SCHOOL DISTRICT

    495 students

  • GALLOWAY ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · JACKSON PUBLIC SCHOOL DISTRICT

    317 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$241
Loan principal$38,200
Down payment$9,550
Total interest paid$48,722

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$308
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
13th percentile[1]
Rental yield
[2]
Property tax
78th percentile[3]

Frequently asked

How much is a home worth in ZIP code 39203?
The typical home in 39203 is worth $47,750, based on the Zillow Home Value Index.
Are home values rising in 39203?
Home values in 39203 are down 5.2% over the past year, and down 0.9% a year over five years.
What is the property tax rate in 39203?
The effective property tax rate in 39203 is 0.7% — roughly $318 a year on a typical home.
Who lives in 39203?
ZIP code 39203 has a population of 4,019 and a median household income of $26,569.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Jackson, MS

    Typical home
    $48,685
    Gross yield
  • Jackson, MS

    Typical home
    $49,701
    Gross yield
    27.2%
  • Jackson, MS

    Typical home
    $50,250
    Gross yield
    26.9%
  • Durant, MS

    Typical home
    $70,652
    Gross yield
  • Tchula, MS

    Typical home
    $76,767
    Gross yield
  • Yazoo City, MS

    Typical home
    $85,528
    Gross yield

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