ZIP 39114 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 39114 in the Jackson, MS FMR area.

Jackson, MS

$830Efficiency

$8701 bedroom

$9502 bedrooms

$1,3003 bedrooms

$1,5504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$830	$747	$913	$1,099
1 bedroom	$870	$783	$957	$1,105
2 bedrooms	$950	$855	$1,045	$1,289
3 bedrooms	$1,300	$1,170	$1,430	$1,536
4 bedrooms	$1,550	$1,395	$1,705	$1,694

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Simpson County, MS

$830Efficiency

$8701 bedroom

$9502 bedrooms

$1,3003 bedrooms

$1,5504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$830	$747	$913	$798
1 bedroom	$870	$783	$957	$831
2 bedrooms	$950	$855	$1,045	$905
3 bedrooms	$1,300	$1,170	$1,430	$1,253
4 bedrooms	$1,550	$1,395	$1,705	$1,513

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Smith County, MS

$830Efficiency

$8701 bedroom

$9502 bedrooms

$1,3003 bedrooms

$1,5504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$830	$747	$913	$761
1 bedroom	$870	$783	$957	$769
2 bedrooms	$950	$855	$1,045	$905
3 bedrooms	$1,300	$1,170	$1,430	$1,078
4 bedrooms	$1,550	$1,395	$1,705	$1,189

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 39114

$56,412average adjusted gross income per tax return (2022)

$40,874average salaries and wages per return

3,870tax returns filed

20%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	35.1%
$25,000 to $50,000	27.6%
$50,000 to $75,000	14.2%
$75,000 to $100,000	8.5%
$100,000 to $200,000	11.9%
$200,000 or more	2.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 27.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 39114?

HUD's FY2027 Small Area FMRs for ZIP 39114 (Jackson, MS) are $830 efficiency, $870 one bedroom, $950 two bedrooms, $1,300 three and $1,550 four bedrooms.

What payment standard can a housing authority set in ZIP 39114?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $855 to $1,045.

How affordable is rent in ZIP 39114?

Tax returns filed from ZIP 39114 reported an average adjusted gross income of $56,412 (2022). A two-bedroom unit at the Small Area FMR costs $11,400 a year, or 20% of that income.