| Context | Value |
|---|
| Location | Jackson, MS |
| County | Hinds County |
| National rank | #13,544 of 14,967 |
| State rank | #102 of 122 |
| City rank | #79 of 97 |
| County rank | #79 of 97 |
| National percentile | 9.5 |
| National band | LOWER_25_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $34,533 |
| Year-over-year home value change | 21.5% |
| Month-over-month home value change | -0.70% |
| Home value to income ratio | 5.99 |
| Median household income | $5,767 |
| Bachelor's degree or higher | 24.7% |
| Civilian unemployment rate | 18.2% |
| Homeownership rate | 31.7% |
| Housing vacancy rate | 37.0% |
| Rent burden 30% or higher | 67.3% |
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 Washington Addition
What is the Best Neighborhoods USA ranking for Washington Addition?
Washington Addition is ranked #79 of 97 eligible neighborhoods in Jackson; #102 of 122 eligible neighborhoods in MS; and #13,544 of 14,967 eligible neighborhoods in the United States.
Is Washington Addition one of the best neighborhoods in Jackson?
Washington Addition has a Best Neighborhoods USA Index of 29.7 and a city ranking of #79 of 97 eligible neighborhoods in Jackson.
How much are homes worth in Washington Addition?
The current Zillow Home Value Index for Washington Addition is approximately $34,533.
Are home values rising or falling in Washington Addition?
Zillow neighborhood values changed 21.5% year over year and -0.70% month over month.
What is the Neighborhood Momentum Score for Washington Addition?
Washington Addition has a Neighborhood Momentum Score of 71.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Washington Addition?
The NDS-derived neighborhood median household income is approximately $5,767.
How affordable is Washington Addition relative to household income?
The current Zillow home-value-to-household-income ratio is 5.99. Price-to-income affordability is a major Value Opportunity input.
Is Washington Addition primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 31.7%.
What is the unemployment rate in Washington Addition?
The NDS-derived civilian unemployment rate is approximately 18.2%.
How educated are residents of Washington Addition?
Approximately 24.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Washington Addition face high rent burden?
Approximately 67.3% 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 Washington Addition?
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 applications7
Estimated originations3
Home-purchase applications3
Origination rate41.6%
Home-purchase share36.7%
Average application loan$130,627
Total application loan amount$940,435
National application rank#13,170 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -47.8% YoY; originations -26.1% 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.