Counties / Mississippi / Jasper County

Jasper County, MS

FIPS 28061 · population 16,059 · part of Laurel, MS

$141k
Zillow home value · 2026-06
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
$141k
▼ 3.6% year over year
Zillow ZHVI · direct
ACS median gross rent
$724
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$842
the Section 8 payment 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+36.0%not annualized · through 2025
0%ZILLOW ZHVI2026-06−3.6%FHFA HPI2025−11.0%
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 2026-07-28.
Owner-reported value$107k
Surveyed gross rent$724
Rent burden 30%+38.9%
Median year built1989
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
18.3%vacant
8,133estimated housing units
Occupied tenure17.9% renter
owner 82.1%renter 17.9%
Structure mix64.0% single-family
Single-family 64.0%20+ units 0.3%Mobile home 33.3%Other 2.5%
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 jobs3,925▲ 1.8% from the prior annual release
Covered establishments242annual average reporting locations
Average weekly wage$953▲ 3.8% from the prior annual release
Largest private supersectorManufacturing54.6% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.8%WEEKLY WAGE+3.8%Manufacturing54.6%
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 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Jasper County’s tension is falling measured prices without published market rent: investigators able to validate deal-level rent and condition may examine it, while buyers relying on appreciation or a yield screen should be cautious. Zillow’s June 2026 median home value was $141,477, down 3.62% year over year. Separately, FHFA’s 2025 repeat-transaction HPI fell 10.96%. Their vintages and methods differ; the HPI is an index, not a home value, so they cannot be combined into one growth rate.

02Housing economics

Market rent is not published, so gross yield cannot be computed. The $842 two-bedroom HUD FMR is a payment standard, not an asking-rent estimate, and cannot fill that gap. The effective property-tax rate is 0.69% and median annual tax is $737. Insurance, maintenance, financing and property-level assessments are not published, preventing a full carrying-cost and income reconciliation.

03Demand & competition

Tax-return migration recorded a net loss of 26 households, and average AGI for incoming movers was $4,013 below that for outgoing movers. This is limited evidence about tax-return movers, not total population change or tenant demand, but it does not furnish an income-led demand offset to price weakness. Six of 108 purchase mortgages went to non-occupants, a calculated investor share of 5.56%. That measures financed investor participation, not cash activity or all buyer competition.

04Risk & next checks

QCEW’s 2025 annual average shows 3,925 covered jobs at county workplaces, up 1.79%; Manufacturing is the largest disclosed private supersector at 54.58% of private covered employment. These are workplace and covered-worker measures, not resident employment, unemployment or a forecast. Inland flood is the dominant hazard, alongside modeled annual building-value loss of 0.14%; neither identifies parcel exposure. The Realtor.com source period is June 2026, but no MLS listing-price, active-listing, days-on-market, reduction or pending figures are published, preventing a visible-supply and seller-concession check. Next checks are rent comps, flood insurance and elevation, condition, closed-sale comps, and property-tax bills.

Cities & communities

Where people live within Jasper 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
Bay Springs city1.9KHeidelberg town756Louin town393Montrose town168
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

4 Census places

Population
  1. 01
    Bay Springs cityIncorporated place
    1,855
  2. 02
    Heidelberg townIncorporated place
    756
  3. 03
    Louin townIncorporated place
    393
  4. 04
    Montrose townIncorporated place
    168

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

0.136% of building value expected lost per year

Effective property tax0.69%

$737 median annual bill

02
DemandIRS SOI household flows
Net migration-26

342 in · 368 out

Arriving vs leaving income−$4,013

$45,175 arriving · $49,188 leaving

03
CompetitionHMDA financed purchases
Purchases by investors5.6%

6 of 108 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; for a rent figure, the Laurel, MS page covers the wider market.
Same metro

The other counties in Laurel, 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
Jasper County16,059$141kn/an/ainland flooding
Jones County66,472$161k$1,1338.5%inland flooding
Bear case

What can break the county thesis

  1. Unpublished market rents could leave gross yield inadequate after taxes, insurance and repairs.
  2. Inland-flood exposure may create parcel-specific insurance, damage and availability costs beyond the county model.
  3. Manufacturing concentration and countywide evidence may not translate to neighborhood tenant demand or resale liquidity.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. County market rent is not published, and HUD Fair Market Rent cannot be used as a substitute for asking rent.

How should FHFA HPI be used in underwriting?

As directional repeat-transaction index evidence in its labeled annual observation, not as a dollar home value or a rate to combine with Zillow.

What property risk requires parcel-level review?

Inland flood. The modeled county loss measure does not identify a specific property's flood exposure, elevation or insurance cost.