Counties / Mississippi / Hinds County

Hinds County, MS

FIPS 28049 · population 218,533 · part of Jackson, MS

$133k
Zillow home value · 2026-06
Direct county rent answer

What does rent cost in Hinds County, MS?

The latest county-level Zillow ZORI is $1,305 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

County Zillow ZORI$1,3052026-06 · up 4.3% year over year
County ACS gross rent$1,061ACS 2024 5-year · occupied-renter survey
HUD two-bedroom FMR$1,288FY2026 · administrative standard
HUD Fair Market Rent by bedroom count in Hinds County
BedroomsHUD monthly FMRGeographyMeasurement boundary
Studio$1,091Hinds County, MSHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
1 bedroom$1,097Hinds County, MSHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
2 bedrooms$1,288Hinds County, MSHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
3 bedrooms$1,544Hinds County, MSHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
4 bedrooms$1,705Hinds County, MSHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.

Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26

The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$133k
▲ 2.3% year over year
Zillow ZHVI · direct
Median asking rent
$1,305
▲ 4.3% year over year
Zillow ZORI · direct
Gross yield
11.8%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,288
market rent is 1.01x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+27.5%not annualized · through 2025
0%ZILLOW ZHVI2026-06+2.3%FHFA HPI2025+3.5%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-08-02.
Owner-reported value$160k
Surveyed gross rent$1,061
Rent burden 30%+57.9%
Median year built1974
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
15.8%vacant
106,340estimated housing units
Occupied tenure41.7% renter
owner 58.3%renter 41.7%
Structure mix71.2% single-family
Single-family 71.2%20+ units 5.6%Mobile home 4.0%Other 19.2%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs109,453▲ 0.3% from the prior annual release
Covered establishments5,708annual average reporting locations
Average weekly wage$1,184▲ 3.6% from the prior annual release
Largest private supersectorEducation and health services32.8% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.3%WEEKLY WAGE+3.6%Education and health services32.8%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

Resident income

How local income has compounded

BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.

Per-capita personal income19692024
Per-capita personal income history for Hinds CountyA line chart of annual BEA per-capita personal income from 1969 through 2024.$0k$30k$60k196919972024$3k$54k
Nominal annual dollars; not adjusted for inflation. A rising line can reflect wage, business-income, transfer-income and investment-income changes together.
Renter affordability

Who carries the heaviest rent burden

HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.

Share of renter households in each income band2018-2022
Renter cost burden by HAMFI income band in Hinds CountyFive horizontal bars show moderate and severe housing cost burden shares among renter households in each HUD income band.0%25%50%75%100%At or below 30% HAMFI10,71074.0% burdened30–50% HAMFI8,60573.0% burdened50–80% HAMFI7,73045.2% burdened80–100% HAMFI3,13011.2% burdenedAbove 100% HAMFI7,6502.9% burdened
Moderate: >30% to 50%Severe: >50%
Each percentage uses HUD’s published subtotal for that income band. For disclosure, HUD keeps 0 as 0, publishes 1–7 households as 4 and rounds 8 or more to the nearest 5. Independently rounded categories can differ from their displayed sum and are not forced into a percentage.
Direct local rental evidence

Recent leases and rental-market liquidity in Hinds County, MS

These Apartment List observations match the exact county Census code 28049. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,215$1,109$1,0022021-082026-07
Recent-lease rent$1,1852026-07 · -1.7% year over year
Rental vacancyn/an/a
Time on marketn/an/a
County brief

What the local evidence says

01Decision frame

Hinds County presents a cash-flow-versus-demand tension: Zillow’s county observation reports a $132,636 median home value and $1,305 monthly median asking rent, with a reported 11.81% gross yield before costs. Investors screening for income should investigate individual assets; buyers relying on resale depth or migration-led tenant growth should be cautious. The record is county-level and does not establish Jackson metro conditions.

02Housing economics

That yield is based on measured market rent, not HUD’s two-bedroom Fair Market Rent, which is a payment standard rather than an asking-rent estimate. Zillow’s price measure moved upward, while FHFA’s 2025 annual repeat-transaction HPI rose 3.54%; these distinct methods and vintages corroborate direction but cannot be combined into one appreciation rate. Carrying costs matter: the effective property-tax rate is 0.88%, and median annual tax is $1,403. Gross yield remains pre-expense because insurance, repairs, vacancy, financing, and property-level flood costs are not published.

03Demand & competition

Tax-return migration is negative: 4,226 households moved in and 5,619 moved out, a calculated net loss of 1,393. Entrants’ average income was $12,943 below that of departing households. QCEW records 109,453 annual average covered jobs located at county workplaces; this is not resident employment or an unemployment measure. Education and health services is the largest disclosed private supersector, not the whole economy. Investors made 441 of 1,900 purchase mortgages, or 23.21%, indicating meaningful buyer competition but not proof of end-buyer demand or price support.

04Risk & next checks

Inland flood is the dominant hazard, and the modeled annual expected building-value loss ratio is 0.23%, aligning the climate measure with the named risk without identifying exposure for any parcel. Realtor.com listing price, active-listing, days-on-market, price-reduction, and pending-ratio figures are not published in this record; their absence prevents a conclusion on visible supply, marketing time, or seller concessions. Property-level flood-zone status, insurance terms, condition, vacancy, operating expenses, and closed-sale evidence are also needed before converting the county gross-yield screen into net underwriting.

County ZIP rental landscape

How asking rent and renter pressure vary inside Hinds County, MS

This view uses 6 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.

Selected ZIP range$973$1,587Zillow asking-rent index
Monthly spread$614highest minus lowest selected ZIP
Observed burden range46.3%59.2%ACS renter households paying 30%+
Renter households covered25,236across the selected ZCTAs
01 · ASKING RENT LADDERDirect ZIP ZORI
Horizontal bars compare Zillow asking-rent indexes across the selected direct-evidence ZIP set.39056$1,58739211$1,54139206$1,37639212$1,23839204$1,14939209$973
02 · PRESSURE MATRIXRent × observed burden
Each point is one selected ZIP and ZCTA match. Horizontal position is Zillow asking rent and vertical position is the ACS renter cost-burden share.61.7%57.2%52.7%48.3%43.8%392063920939212392113920439056Zillow asking-rent index →ACS burden share →
03 · BENCHMARK GAPZORI vs HUD 2BR
Bars show the percentage difference between the Zillow blended asking-rent index and the local HUD two-bedroom standard. Their housing universes differ.39056+113.4%39206+107.5%39204+106.4%39211+105.5%39212+91.7%39209+84.6%
WHAT THE LOCAL DISTRIBUTION SAYS

Selected direct-evidence records show a broad current asking-rent decision range rather than a single county market price. Zillow’s typical observed asking-rent index runs from $973 in ZIP 39209 to $1,587 in ZIP 39056, a $614 difference around a $1,307 selected-set median. The county ZORI is $1,305, close to that median but not a substitute for the ZIP observations. A renter comparing current listings should therefore first decide whether the relevant target is the lower-price end, the upper-price end, or a unit-specific position within the range, then verify the actual asking rent, lease terms, and unit size. The spread supports comparison shopping; it does not establish that any listed unit is available or comparable.

HUD and ACS answer different questions and should remain separate from ZORI. The administrative HUD two-bedroom standard spans $1,080 in ZIP 39204 to $1,460 in ZIP 39211, while the direct ZORI-to-HUD comparison ranges from 84.6% to 113.4%. That ratio is a contextual comparison of a typical asking-rent index with a bedroom-specific administrative standard, not a finding about a unit’s eligibility or market price. Separately, ACS five-year median gross rent ranges from $922 to $1,337. Those survey estimates describe reported gross rent, not current asking rent; neither the ACS figures nor HUD standards should be averaged with ZORI to rank locations.

Affordability pressure and vacancy provide a trade-off screen rather than a quality judgment. The ACS share of renters paying at least 30% of income for rent spans 46.3% to 59.2% across the selected set, and ACS vacancy ranges from 8.8% to 27.5%. ZIP 39204 sits at the high-vacancy endpoint yet has a 66.3% renter share and a 55.8% burden share; ZIP 39056 is at the low-vacancy endpoint with a 46.3% burden share. Thus, more measured vacancy in these survey areas does not itself demonstrate lower rent burden. A search can treat vacancy as an area-level screening input, not confirmation of an available unit, while testing household income against the quoted rent.

The coverage is deliberately limited: the selected direct-evidence records account for 25,236 renter households and are not an exhaustive county or local inventory. ZIP assignment follows the county with the largest HUD residential-address share; the shown shares run from 99.8% to 100.0%, but a ZIP can still cross county lines. Moreover, Census ZCTAs are statistical areas rather than USPS delivery ZIPs. Before acting, check a property’s exact address and county assignment, bedroom count, current asking rent and included utilities, lease and income requirements, application or availability status, and whether the relevant HUD standard applies. Use ACS values as five-year survey context rather than a description of a particular property.

Selected ZIP evidence

Keep each source universe visible

All 6 eligible direct-evidence ZIP profiles are shown.

ZIP / ZCTAZillow asking rentACS gross rentHUD 2BRBurden 30%+VacancyIncome screenHUD county share
39206$1,376$1,143$1,28059.2%12.0%$55k100.0%
39209$973$1,010$1,15057.3%19.1%$39k99.8%
39212$1,238$1,114$1,35055.8%18.3%$50k100.0%
39211$1,541$1,337$1,46053.9%10.5%$62k100.0%
39204$1,149$922$1,08055.8%27.5%$46k100.0%
39056$1,587$1,120$1,40046.3%8.8%$63k100.0%
READ BEFORE USING

Only the selected eligible direct-ZORI ZIP/ZCTA matches are shown, so the evidence set is not a complete county inventory. ZIPs are assigned using the largest HUD residential-address county share and may still span county boundaries.

ACS county and ZCTA figures are five-year survey estimates, ZCTAs do not equal USPS delivery ZIPs, and HUD FMR is an administrative bedroom-specific standard. These measures have different concepts and should not be treated as current property-level asking rents.

SOURCE LEDGERCensus ACS 5-year — county housing value, tenure and stockACS 2024 5-year · pulled 2026-07-30Census ACS five-year — ZCTA housing and incomeACS 2024 5-year ZCTA · pulled 2026-08-08HUD Fair Market Rents — Section 8 standardFY2026 FMR · pulled 2026-07-26HUD-USPS ZIP-to-county residential-address crosswalkHUD-USPS 2026Q1 · pulled 2026-08-09Zillow ZHVI and ZORI — county values and rentscounty ZHVI/ZORI 2026-06 · pulled 2026-07-26Zillow ZORI — ZIP market rentsZORI ZIP 2026-06 · pulled 2026-08-08
Cities & communities

Where people live within Hinds County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Jackson city*146.6KClinton city27.2KByram city12.8KRaymond city1.7KTerry town1.6KEdwards town930Utica town799Bolton town597
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

9 Census places

Population
  1. 01
    Jackson cityIncorporated place · spans 3 counties
    146,631
  2. 02
    Clinton cityIncorporated place
    27,195
  3. 03
    Byram cityIncorporated place
    12,799
  4. 04
    Raymond cityIncorporated place
    1,663
  5. 05
    Terry townIncorporated place
    1,620
  6. 06
    Edwards townIncorporated place
    930
  7. 07
    Utica townIncorporated place
    799
  8. 08
    Bolton townIncorporated place
    597
  9. 09
    Learned townIncorporated place
    72

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.231% of building value expected lost per year

Effective property tax0.88%

$1,403 median annual bill

02
DemandIRS SOI household flows
Net migration-1,393

4,226 in · 5,619 out

Arriving vs leaving income−$12,943

$42,833 arriving · $55,776 leaving

03
CompetitionHMDA financed purchases
Purchases by investors23.2%

441 of 1,900 mortgages

investorother financed
Same metro

The other counties in Jackson, MS

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Hinds County218,533$133k$1,30511.8%inland flooding
Rankin County158,854$270k$1,6887.5%inland flooding
Madison County111,647$338k$1,6045.7%inland flooding
Copiah County27,855$136kn/an/ainland flooding
Scott County27,718$124kn/an/ainland flooding
Simpson County25,691$159kn/an/ainland flooding
Yazoo County24,835$115kn/an/ainland flooding
Holmes County16,191$82kn/an/ainland flooding
Bear case

What can break the county thesis

  1. Property-specific inland-flood exposure or insurance costs could absorb the apparent gross-income margin.
  2. Negative migration and the income gap between entrants and leavers could limit renter or buyer depth.
  3. Unpublished operating costs, vacancy, and financing terms could materially reduce net cash flow below the reported gross yield.
Underwriting questions

Before pricing a property

What rent measure supports the reported gross yield?

The record publishes a $1,305 monthly median asking rent. HUD two-bedroom Fair Market Rent is a payment standard and is not used as market rent.

What do the migration figures show?

Tax-return households moving in totaled 4,226 and moving out totaled 5,619, producing a calculated net migration loss of 1,393 households.

How large was investor participation in purchase mortgages?

Investors accounted for 441 of 1,900 purchase mortgages, a 23.21% share.