Market Highlights

Jackson is the state capital and largest MSA in Mississippi with a population of 583,197. The iconic Mississippi State Capitol building highlights the MSA’s largest employer, the State of Mississippi, which employs 11,870 in the Jackson MSA. The area’s largest industries include Advanced Manufacturing, Healthcare, IT, Food Processing, and Distribution & Warehousing, and major notable employers include Nissan, Continental, and Entergy. Other employers to note include McNeely Plastics, Ergon, Eaton Aerospace, Vertex Aerospace, and Vantech Hitachi Transport System. Jackson’s economy is aided by its transportation infrastructure – the Jackson-Medgar Wiley Evers International Airport offers non-stop flights to 6 of the nation’s 10 largest airports. I-20 and I-55 intersect in Jackson provide connectivity to Atlanta, Dallas, Nashville, Memphis, and other regional cities.

The Clinton Public School System is ranked the 4th-best system in the state, and local universities include Millsaps College, Mississippi College, Belhaven University, and Jackson State University. The Jackson Public School District and Rankin County School District account for 7,000 jobs. In terms of healthcare, University of Mississippi Medical Center (722 beds) is the largest hospital in the state of Mississippi, while Baptist Medical Center is the 3rd-largest hospital in the state. St. Dominic Hospital (4th-largest in the state), Merit Health (10th-largest in the state), and Mississippi State Hospital also anchor Jackson’s healthcare sector.

The Jackson MSA apartment market consists of 203 properties and over 31,000 units.

Multifamily Highlights

Major Employers

  1. State of Mississippi

    11,870 jobs  | Learn More
  2. University of Mississippi Medical Center (UMMC)

    10,000 jobs / 3,000 enrollment / 722 beds  | Learn More
  3. Nissan North America

    6,500 jobs  | Learn More
  4. Jackson Public School District

    4,000 jobs  | Learn More
  5. Baptist Memorial Health Care & Medical Center

    3,500 jobs / 638 beds  | Learn More
  6. Rankin County School District

    3,000 jobs  | Learn More
  7. Trustmark National Bank HQ

    2,800 jobs (AL, FL, GA, MS, TN, TX)  | Learn More
  8. St. Dominic Hospital

    2,697 jobs / 571 beds  | Learn More
  9. Jackson State University

    1,232 jobs / 4,763 enrollment  | Learn More
  10. Mississippi State Hospital

    1,100 jobs / 311 beds  | Learn More
  11. Entergy Mississippi

    1,073 jobs  | Learn More
  12. Merit Health River Oaks

    821 jobs / 160 beds  | Learn More
  13. Continental Tire (Clinton)

    400 jobs (2,500 at full capacity)  | Learn More

Other Demand Drivers

  1. Northpark Mall

    957,000 SF; JCPenney, Dillard's, Belk, Regal Cinemas  | Learn More
  2. Jackson-Medgar Wiley Evers International Airport

    American; Delta; Southwest; United  | Learn More
  3. Mississippi Civil Rights Museum

    Opened in 2018  | Learn More
  4. Millsaps College

    700 enrollment  | Learn More

Sources & Comments

1. Jackson, MS Metropolitan Statistical Area consists of 8 counties, according to Office of Management and Budget: (1) Copiah (2) Hinds (3) Holmes (4) Madison (5) Rankin (6) Scott (7) Simpson (8) Yazoo

2. Primary Sources: (1) (2) YardiMatrix (3) (4) CoStar (5) (6) (7)

3. Trustmark National Bank has 2,800 total employees in multiple states. It is unknown how many jobs there are at the Jackson, MS headquarters.

4. Sales Comps are from 10/1/22 – 9/30/23

5. Development Pipeline as of 10/19/2023

6. This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy.