Total monthly cost of ownership
Cost to Own a Home in Jackson, South Carolina
A $192,000 home here costs
$1,540per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $987. The real number is $553 higher every month — 56% 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 Aiken County and South Carolina
| Measure | Jackson | Aiken County |
|---|---|---|
| Median home value | $192,000 | $199,500 |
| Median property tax | $1,046 | $862 |
| Effective tax rate | 0.545% | 0.432% |
| Median gross rent | $540 | $1,031 |
| Population | 1,782 | 171,949 |
The weather behind that power bill
Jackson sits in Aiken County, which averages a high of 90.8°F in its hottest month and a low of 35.6°F in its coldest, with 46.22" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,005 cooling and 2,383 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Aiken County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Aiken County
Full Aiken County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Jackson?
A $192,000 home in Jackson, South Carolina costs approximately $1,540 per month with 20% down at 6.66%. That is $987 principal and interest, $87 property tax, $92 homeowners insurance, $213 utilities and $160 set aside for maintenance.
What is the property tax rate in Jackson?
Jackson has an effective property tax rate of 0.545%, based on a median home value of $192,000 and median real estate taxes of $1,046. That is higher than the Aiken County average of 0.432%.
What is the average home price in Jackson?
The median owner-occupied home value in Jackson, South Carolina is $192,000, against $199,500 across Aiken County.
Is it cheaper to rent or buy in Jackson?
Median gross rent in Jackson is $540 a month, against $1,540 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 South Carolina.
- 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.