Neighborhood Profile

Queens-Magnolia Terrace

Jackson, MS | Hinds County
Scored premium profile
Best Neighborhoods USA Index
45.0
National rank: #9,386 of 14,967
Stability and Strength
17.2
Score
Value Opportunity
45.2
Score
Momentum
89.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationJackson, MS
CountyHinds County
National rank#9,386 of 14,967
State rank#47 of 122
City rank#36 of 97
County rank#36 of 97
National percentile37.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$61,272
Year-over-year home value change6.7%
Month-over-month home value change0.43%
Home value to income ratio2.42
Median household income$25,281
Bachelor's degree or higher14.8%
Civilian unemployment rate19.7%
Homeownership rate62.4%
Housing vacancy rate8.8%
Rent burden 30% or higher75.9%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Queens-Magnolia Terrace

What is the Best Neighborhoods USA ranking for Queens-Magnolia Terrace?

Queens-Magnolia Terrace is ranked #36 of 97 eligible neighborhoods in Jackson; #47 of 122 eligible neighborhoods in MS; and #9,386 of 14,967 eligible neighborhoods in the United States.

Is Queens-Magnolia Terrace one of the best neighborhoods in Jackson?

Queens-Magnolia Terrace has a Best Neighborhoods USA Index of 45.0 and a city ranking of #36 of 97 eligible neighborhoods in Jackson.

How much are homes worth in Queens-Magnolia Terrace?

The current Zillow Home Value Index for Queens-Magnolia Terrace is approximately $61,272.

Are home values rising or falling in Queens-Magnolia Terrace?

Zillow neighborhood values changed 6.7% year over year and 0.43% month over month.

What is the Neighborhood Momentum Score for Queens-Magnolia Terrace?

Queens-Magnolia Terrace has a Neighborhood Momentum Score of 89.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Queens-Magnolia Terrace?

The NDS-derived neighborhood median household income is approximately $25,281.

How affordable is Queens-Magnolia Terrace relative to household income?

The current Zillow home-value-to-household-income ratio is 2.42. Price-to-income affordability is a major Value Opportunity input.

Is Queens-Magnolia Terrace primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 62.4%.

What is the unemployment rate in Queens-Magnolia Terrace?

The NDS-derived civilian unemployment rate is approximately 19.7%.

How educated are residents of Queens-Magnolia Terrace?

Approximately 14.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Queens-Magnolia Terrace face high rent burden?

Approximately 75.9% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Queens-Magnolia Terrace?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications23
Estimated originations13
Home-purchase applications12
Origination rate58.6%
Home-purchase share52.9%
Average application loan$97,751
Total application loan amount$2,231,873
National application rank#10,204 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 40.3% YoY; originations 50.0% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.