Total monthly cost of ownership
Cost to Own a Home in Jackson, Louisiana
A $122,000 home here costs
$1,051per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $627. The real number is $424 higher every month — 68% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Jackson against East Feliciana Parish and Louisiana
| Measure | Jackson | East Feliciana Parish |
|---|---|---|
| Median home value | $121,700 | $213,700 |
| Median property tax | $199 | $328 |
| Effective tax rate | 0.164% | 0.153% |
| Median gross rent | $729 | $745 |
| Population | 3,976 | 19,378 |
The weather behind that power bill
Jackson sits in East Feliciana Parish, which averages a high of 90.2°F in its hottest month and a low of 37.6°F in its coldest, with 59.69" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 2,222 cooling and 1,957 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for East Feliciana Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in East Feliciana Parish
Full East Feliciana Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Jackson?
A $122,000 home in Jackson, Louisiana costs approximately $1,051 per month with 20% down at 6.66%. That is $627 principal and interest, $17 property tax, $110 homeowners insurance, $195 utilities and $102 set aside for maintenance.
What is the property tax rate in Jackson?
Jackson has an effective property tax rate of 0.164%, based on a median home value of $121,700 and median real estate taxes of $199. That is higher than the East Feliciana Parish average of 0.153%.
What is the average home price in Jackson?
The median owner-occupied home value in Jackson, Louisiana is $121,700, against $213,700 across East Feliciana Parish.
Is it cheaper to rent or buy in Jackson?
Median gross rent in Jackson is $729 a month, against $1,051 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Jackson — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Louisiana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.