How much is a home worth in ZIP code 39208?

The typical home in 39208 is worth $216,666, based on the Zillow Home Value Index.

Are home values rising in 39208?

Home values in 39208 are up 3.3% over the past year, and up 5.7% a year over five years.

What is the typical rent in 39208?

A typical home in 39208 rents for about $1,469 a month, a gross rental yield of 8.1%.

What is the property tax rate in 39208?

The effective property tax rate in 39208 is 0.6% — roughly $1,320 a year on a typical home.

ZIP code 39208 has a population of 34,442 and a median household income of $65,480.

HousingHandbookReference data

…

U.S. ZIP Code · MS39208

Rankin County · Jackson, MS

Typical home value

$216,666^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.3%
5-year / yr: +5.7%
10-year / yr: +5.3%

Relative price

vs U.S.: -23.7%
vs metro: +34.7%
vs state: +42.6%

Price history

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

The typical home in 39208 is worth $216,666 — 34.7% above the Jackson, MS median. Over the past year, values have risen 3.3%. Homes here rent for a typical $1,469 a month — a 8.1% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $1,469^[2]
Gross yield: 8.1%^[2]
Cap rate: 4.9%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,320^[3]

#Climate risk

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

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

#Who lives here

Population: 34,442^[3]
Median household income: $65,480^[3]

#Migration

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

Net migration: +53^[5]
Moved in: 3,788
Moved out: 3,735

Schools

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

Public schools: 5
Elementary: 3
Middle: 1
High: 1

PEARL HIGH SCHOOL
High · Grades 9–12 · PEARL PUBLIC SCHOOL DISTRICT
1,280 students
PEARL JUNIOR HIGH SCHOOL
Middle · Grades 6–8 · PEARL PUBLIC SCHOOL DISTRICT
948 students
PEARL LOWER ELEMENTARY SCHOOL
Elementary · Grades PK–1 · PEARL PUBLIC SCHOOL DISTRICT
740 students
NORTHSIDE ELEMENTARY SCHOOL
Elementary · Grades 2–3 · PEARL PUBLIC SCHOOL DISTRICT
632 students
PEARL UPPER SCHOOL
Elementary · Grades 4–5 · PEARL PUBLIC SCHOOL DISTRICT
590 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.

Home value$Monthly rent$

Gross yield8.1%

Net yield (after ~40% expenses)4.9%

Annual rent$17,628

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,096

Loan principal$173,333

Down payment$43,333

Total interest paid$221,076

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.94

Monthly cost to own$1,386

Monthly rent$1,469

Owning is meaningfully cheaper month-to-month.

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: 93rd percentile^[1]
Rental yield: 64th percentile^[2]
Property tax: 58th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 39208?: The typical home in 39208 is worth $216,666, based on the Zillow Home Value Index.
Are home values rising in 39208?: Home values in 39208 are up 3.3% over the past year, and up 5.7% a year over five years.
What is the typical rent in 39208?: A typical home in 39208 rents for about $1,469 a month, a gross rental yield of 8.1%.
What is the property tax rate in 39208?: The effective property tax rate in 39208 is 0.6% — roughly $1,320 a year on a typical home.
Who lives in 39208?: ZIP code 39208 has a population of 34,442 and a median household income of $65,480.

#Comparable ZIPs

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

39272 vs 39208 →
Byram, MS
Typical home
$221,364
Gross yield
7.9%
39211 vs 39208 →
Jackson, MS
Typical home
$210,733
Gross yield
9.3%
39216
Jackson, MS
Typical home
$222,835
Gross yield
—
39218
Richland, MS
Typical home
$223,256
Gross yield
—
39145
Pelahatchie, MS
Typical home
$228,683
Gross yield
—
39046
Canton, MS
Typical home
$229,763
Gross yield
7.7%

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#Jump to section

U.S. ZIP Code · MS39208

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