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Rankin County, MS

RANK #421 / 1001 NAT  ·  #12 / 15 MS  ·  POP 158,854

1YR FORECAST: +0.7%

5YR OUTLOOK: +30%

Rankin County's housing market is projected to grow +0.7% over the next year, tracking near the national average.

[01] Why Rankin County?

Rankin County, Mississippi, distinguishes itself through the Ross Barnett Reservoir, a 33,000-acre body of water offering extensive outdoor recreation. Located in central Mississippi, directly east of the state capital, Jackson, Rankin County provides a blend of suburban and rural living. Commuting to Jackson is common, with many residents traveling for work. The community feel leans conservative, with a high rate of homeownership. Beyond the reservoir, the county features the Pearl River, national forests, and parks like Roosevelt State Park, providing opportunities for fishing, kayaking, and hiking.

Life in Rankin County often appeals to families and young professionals, many of whom commute to nearby Jackson. The county is served by two public school districts, Rankin County School District and Pearl Public School District, along with several private schools and Hinds Community College. The local economy is experiencing growth, with recent investments in sectors such as manufacturing and packaging. These developments contribute to a landscape of expanding employment opportunities within the county.

MARKET PROFILE

Idiosyncratic Markets

Rankin County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +2.4% YoY, population +0.4%, wages +4.3%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
10.3x

Overvalued relative to economy

Home Prices
+2.4%

Above national median

Climate & Terrain
0.2

Moderate climate & terrain

Price/Rent
12x

Below national median (15x)

Housing looks overvalued at 10.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Rankin County School District Education
    2,500+
  2. 2
    Wexford Health Sources, Inc. Healthcare
    1,000+
  3. 3
    Nucor Steel Manufacturing
  4. 4
    Siemens Energy Energy
  5. 5
    Weyerhaeuser Manufacturing
  6. 6
    Voith Fabrics Manufacturing
  7. 7
    FedEx Logistics
  8. 8
    Color Box Manufacturing
  9. 9
    Mid-South Baking Manufacturing
  10. 10
    Ergon Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Rankin County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
158,854
+0.4% YoY
Median Household Income
$79,357
Median Home Value
$237,400
+2.43% 12mo
Median Rent
$1,270
Average Annual Pay
$54,547
+4.3% YoY
Employment
67,384
+0.5% YoY
Income-to-Home-Value
0.3343
More affordable than average
Migration Inflow
4.92%
of pop. from another state
Bachelor's Degree+
33.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$312,280
Days on Market
24
Active market
Months of Supply
2.7
Seller's market
Sale-to-List Ratio
98.5%
Near asking price
Sold Above List
13.4%
Listings w/ Price Drops
27.2%
Building Permits (2025)
563
Single-Family Permits
563

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.9
per 100K · nat avg 6.3
Firearm Fatalities
17.4
per 100K · nat avg 14.8
Injury Deaths
74.1
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$6,910M
TOTAL
PROJECT AMOUNT STATUS
AVAIO Digital Taurus Data Center Campus
AVAIO Digital
$6,000M Under Construction
New Manufacturing Facility (West Rankin Industrial Park)
Siemens Energy
$300M Under Construction
Pearl River Solar Park
EDP Renewables North America
$235M Operating
New Sustainable Packaging Facility
International Paper
$225M Planned
Solar + Storage Project
Origis Energy
$100M In Development
West Rankin Parkway
Rankin County/Rankin First Economic Development Authority
$50M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +0.4% 39 percentile
Income Growth +2.5% 41 percentile
Vacancy Rate 0.9% 56 percentile
Home Price Change +2.4% 61 percentile
Rent Growth +4.1% 69 percentile
Price/Rent 12x 86 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Rankin County, MS a good place to move to?

Rankin County scores 58/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#421). Median household income is $79,357 and job growth is running at +0.5%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Rankin County affordable?

Housing in Rankin County is roughly in line with national affordability norms. The median home costs $237,400 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,270/month. Not a bargain, but not a stretch for most local earners either.

Is Rankin County growing or shrinking?

Population and employment in Rankin County are both close to flat — population +0.4% YoY and jobs +0.5%. Home values shifted +2.4% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Rankin County?

There's a moderate stream of newcomers. About 4.92% of residents moved from another state, which is above average and suggests Rankin County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

DeSoto County, MS 59 Lafayette County, MS 56 Lamar County, MS 64 Oktibbeha County, MS 65 Madison County, MS 43 Lauderdale County, MS 77 Berkshire County, MA 58 Sumter County, SC 58