Cost of Living in Jackson, MN

Population 3,298 · Minnesota · Data vintage 2023

45
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Jackson sits on the smaller end of the Minnesota city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Jackson lies roughly 85 miles east of the nearest major metro, Sioux Falls — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 56% lower than Sioux Falls' $271,000.

Cost Overview

Housing 39
Rent 53

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Jackson

The median home value in Jackson is $118,900 — 61% below the national median of $305,000. Median rent runs $702/month, 47% lower than the national median of $1,314/month. The median household income of $57,328/year is 23% lower than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. The climate averages highs of 54.7°F and lows of 34.6°F. Overall, Jackson has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$118,900
61% below avg
Zillow Home Value
$185,842
Zillow ZHVI
Median Rent
$702/mo
47% below avg
Price-to-Rent Ratio
14.1x
Favors buying
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$702
1 BR
$784
2 BR
$937
3 BR
$1,307
4 BR
$1,537
Owner-occupied 69.8%
Renter-occupied 30.1%

💰 Estimated Monthly Budget

Rent median rent
$702
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,316/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
16.9 min
37% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.5%

Commute Mode

Drove alone
77.5%
Carpooled
9.3%
Public transit
0.6%
Walked
5.0%
Work from home
7.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.8%
Total Sales Tax 7.4%
State rate 6.9%
Avg local rate 0.6%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$57,328
23% below avg
Per Capita Income
$36,381
Unemployment Rate
4.0%
16% below avg
Poverty Rate
14.0%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 17.9%
Graduate degree 10.0%

👥 Demographics

Median Age 42.9
Male median age 42.5
Female median age 44.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.7°F
Avg Low
34.6°F
Annual Precip
29.3"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 232841566979817973594228
Low °F 71123344657605749362312
Precip" 0.560.461.453.134.504.573.763.313.142.471.370.54

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
18.5:1
Student-teacher ratio
4
Public schools
1,181
Total enrollment

Frequently Asked Questions

What is the cost of living in Jackson, MN?

Jackson has a cost index of 45 (100 = national average). It is 55% below the national average.

What is average rent in Jackson, MN?

The median gross rent in Jackson is $702 per month based on 2023 Census data.

What is the average home price in Jackson?

The median home value in Jackson is $118,900 according to Zillow and Census data.

What is the median income in Jackson?

The median household income in Jackson is $57,328 per year (2023 ACS 5-year estimates).

What is the sales tax in Jackson, MN?

The combined state and local sales tax rate in Jackson is 7.4%. The Minnesota state income tax top rate is 9.8%.

Is Jackson, MN affordable?

Yes, Jackson is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.

What is the weather like in Jackson?

Jackson has average high temperatures of 54.7°F and average lows of 34.6°F. Annual precipitation is 29.3". Data from NOAA 1991–2020 Climate Normals.

Jackson at a Glance

Population
3,298
Median Income
$57,328
Home Value
$118,900
Median Rent
$702/mo
Unemployment
4.0%
Avg High Temp
54.7°F
Sales Tax
7.4%
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🗺️ County data for Minnesota

Explore county-level cost of living data

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