Similar to the surrounding areas, it is substantially less expensive compared to the rest of the country. Compared to the city of Lexington-Fayette, it is significantly less expensive.
Home prices
Jackson's median home value is $101,000. In comparison to its surrounding areas it is about $2,580 (2%) higher.In comparison to the entire nation it is roughly $116,500 (53%) lower, and compared to the city of Lexington-Fayette is about $88,800 (46%) lower.
Rents
Jackson's median rent is $550 per month. Compared to the surrounding areas it is approximately $51 (10%) higher.Compared to the entire nation it is approximately $512 (48%) lower, and it is about $346 (38%) lower in comparison to the city of Lexington-Fayette.
Nearby places
Campton
Campton is about 14 miles northwest from Jackson. The housing prices there are a little less expensive. The cost of the median home in Campton is $85,000, which works out to $16,000 (18%) lower than Jackson. Rent there is somewhat less expensive. In Campton the median monthly rent is $475, which works out to $75 (15%) lower than Jackson.
Beattyville
Beattyville is roughly 15 miles west from Jackson. Housing prices there are substantially less expensive. Beattyville's median home price is $74,200, which comes out to $26,800 (36%) lower than Jackson. Rent there is significantly less expensive. Beattyville's median monthly rent is $382, which comes out to $168 (43%) lower than Jackson.
Salyersville
Salyersville is roughly 19 miles northeast from Jackson. Real estate prices there are fairly similar. The median home in Salyersville costs $98,100, which is $2,900 (2%) lower than Jackson. Rents there are similar. The median monthly rent in Salyersville is $525, which comes out to $25 (4%) lower than Jackson.
Hazard
Hazard is roughly 22 miles south of Jackson. The housing prices there are a bit more expensive. Hazard's median home price is $122,300, which works out to $21,300 (17%) higher than Jackson. Rent there is a little more expensive. The median monthly rent in Hazard is $655, which is $105 (16%) higher than Jackson.
Hindman
Hindman is about 24 miles southeast from Jackson. Real estate prices there are a little more expensive. The cost of the median home in Hindman is $112,500, which is $11,500 (10%) higher than Jackson. Rents there are somewhat less expensive. In Hindman the median rent is $459 per month, which is $91 (19%) lower than Jackson.