Real Estate in Jackson
Things to do
Real Estate in Jackson, Mississippi
Jackson is the largest city and state capital of Mississippi. Known as the "The City With Soul," Jackson is one of the most populous cities in Mississippi. It is nestled and centrally located at the crossroads of Interstates 20 and 55. This makes Jackson easily accessible by car, rail, air, or motor coach. This beautiful city has been ranked the best place to live in the United States on multiple occasions.
For instance, AAA Southern Traveler Magazine named it the best city in Mississippi. These great features make it a wise idea to consider investing in real estate in Jackson, Mississippi. The city is known for its state-of-the-art architecture, from the modest home of Medgar Evers to the magnificent Capitol building dating back to 1903. The Convention South Magazine editors named Jackson among the best cities for business investment, including real estate.
History of Jackson
History of Jackson
Jackson is a historical city with captivating tales. The city was founded in 1821, making it one of the oldest in the country. It was named after General Andrew Jackson, a major army commander who won the Battle of New Orleans in the brutal war of 1812. Andrew Jackson would later serve as the U.S. President thanks to his political influence. In 1863, the nearby Battle of Vicksburg that occurred during the American Civil War initiated the siege of Jackson by General William Tecumseh Sherman. After taking over control of the city, he burned it down. However, the city underwent reconstruction in the early 1900s, regaining its position as one of the economic hubs in Mississippi. In the 1920s, Jackson experienced significant economic development, with many people moving into the city. Consequently, it became the most populous city in Mississippi with the natural gas boom attracting more people. Jackson's history is also pecked on its influence in the music industry. Its current slogan, "The City with Soul," originated from the numerous musical events in the city. Jackson is home to numerous musicians prominent in gospel, blues, jazz, and folk. Given its position as the legal and medical center of Mississippi, it has attracted a significant Jewish population. Jackson is home to the highest Jewish population in the state. In 1997, Harvey Johnson Jr was elected the city's first Black or African American mayor. During his tenure, Johnson proposed the radical development of a convention center meant to attract more people and businesses to the city. After several attempts at the city council, his proposal was finally implemented in 2004. This saw the construction of the Jackson Convention Center, one of the biggest attractions in the country.
Things to do in Jackson
Things to do in Jackson
There is a lot to see and do in Jackson, Mississippi. One of the most popular attractions is the Mississippi Museum of Natural Science. Located inside Bluff State Park, this facility will teach you about Mississippi's natural history through specimen collections, educational exhibits, and interactive habitats. The facility has an aquarium that hosts about 200 species of aquatic life. Besides, the museum houses a unique greenhouse named "The Swamp." The greenhouse is home to typical inhabitants like alligators and turtles.
A visit to the Jackson Zoo will also have you very captivated. The zoo is a go-to for animal lovers and nature enthusiasts, hosting over 200 species of animals from five continents. Some animals obtained from the African continent include colobus monkeys, chimpanzees, ostriches, and storks. You will also get a chance to see the fat-tailed gecko. Children will love the kids' play area found within the facility, making it a must-visit spot in Jackson.
Those that like exploring art will enjoy the Municipal Art Gallery found in central Jackson. The art gallery has a unique art collection that attracts both local and international tourists. It has been ranked among the best art galleries in the country. Furthermore, Jackson hosts iconic events that satisfy the interests of locals.
The breathtaking city of Jackson is strategically located in northeastern Hinds County. Some small parts of the city are in Rankin and Madison counties. Most of Jackson's eastern border is the Pearl River, which is also a major source of water in the city. A small section of the city that hosts Tougaloo College is part of Madison County and is bordered to the east by Interstate 55 and U.S. Route 51, and to the west by Interstate 220. Ross Barnett Reservoir borders Jackson to the northeast, Ridgeland to the north, Flowood to the east, and Clinton to the west. Its close location to various major cities has significantly contributed to an increase in real estate in Jackson, Mississippi.
It is hard for real estate to thrive in an area with a low population. Therefore, as a real estate investor, you should consider investing in cities with a high population and thriving economy. Jackson fits that profile perfectly. With a population of 210,577 in the 2020 census, Jackson is the most populous city in Mississippi. There are about 68,195 households in the city, depicting the high demand for homes around here.
Jackson's population density is 1,774 residents per square mile, making it one of the most densely populated cities. This is good news for real estate developers as there will be more demand for housing. The city also had about 75,355 housing units in Jackson. This is also ideal for real estate as more housing units are needed to match the ever-increasing population.
Jackson's racial makeup is unique and partially diversified. It has 80.4% African American, 18.2% European American or White, and 0.4% Asian. Remember that different neighborhoods in the city have a unique racial makeup, with some neighborhoods having more Whites than Asians or African Americans.
Of all the households in Jackson, 39.4% of them had children aged under 18 years living there with their parents. With this in mind, you can consider investing in rental houses that accommodate families with children. With 36.6% of the households having married couples living together, it is also prudent to develop real estate properties that are ideal for young married couples. Jackson's average family size was 3.4, with the household size being 2.63. This means that most homes in Jackson have around three family members.
The city had a median income of $30,466, with the family median income standing at $38,764. Males in Jackson had a median income of $30,667, while the female median income was $23,466. The city's per capita income was $19,688.
In terms of industries, Jackson is home to several of them. Some of the major industries in Jackson include machinery and electrical development, processed food, fabricated metal products, and real estate. Some of the areas near Jackson support agricultural practices of poultry, cotton, soybeans, and livestock. This makes it a great place to settle especially for those that seek to venture into agricultural production.
Arts in Jackson
Arts in Jackson
Being one of the largest cities in Mississippi, Jackson has a lot of arts and entertainment options. You will not get bored for a second in Jackson thanks to the wide range of entertainment facilities. If you enjoy ballet, Ballet Mississippi is a performing group based in Jackson. The group performs regularly in theaters across the city. If you are an equine lover, the Dixie National Rodeo held annually is the largest livestock and horse event in Jackson. The Mississippi Blues Marathon held yearly also provides great entertainment to locals. This explains why real estate for sale In Jackson, Mississippi is one of the most valuable.
Schools in Jackson
Schools in Jackson
Public schools in Jackson are managed by the Jackson Public Schools District. The district operates over 60 public schools. JPS is one of the largest school districts in Mississippi with about 35,000 students. There are 38 elementary schools, 13 middle schools, and 7 high schools in Jackson. There are also two special schools within the city.
Jackson is one of the prime locations to invest in real estate in Mississippi. With a high population and thriving economy, real estate in Jackson, Mississippi is highly valuable. The city's affordable living standards also make it a great place to live and invest in businesses. With numerous industries in Jackson, there are plenty of job opportunities for locals.
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