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Rankin County, MS

District 2

RANK #349 / 996 NAT  ·  #10 / 15 MS  ·  POP 157,185

1YR FORECAST: +1.6%

5YR OUTLOOK: +27%

Our model projects above-average housing market growth for Rankin County at +1.6% over the next year.

[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.

[02] Market Snapshot

Housing Ratio
4.1x

Below national median (4.7x)

GDP Growth
+2.6%

Below national median

Home Prices
+2.1%

Outpacing national median

Climate & Terrain
0.2

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing is fairly valued at 4.1x 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

The Numbers

DEMOGRAPHICS
Population
157,185
+0.73% YoY
Median Household Income
$76,460
Median Home Value
$203,300
+2.15% 12mo
Median Rent
$1,177
Average Annual Pay
$52,290
+2.1% YoY
Employment
67,059
+0.8% YoY
Income-to-Home-Value
0.3761
More affordable than average
Migration Inflow
5.43%
of pop. from another state
Bachelor's Degree+
32.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$274,500
Days on Market
57
Moderate pace
Months of Supply
3.5
Balanced market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
12.0%
Listings w/ Price Drops
18.2%
Building Permits (2024)
586
Single-Family Permits
586

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

GDP Growth +2.6% 48 percentile
Population Growth +0.7% 62 percentile
Income Growth +5.7% 7 percentile
Vacancy Rate 1.3% 30 percentile
Home Price Change +2.1% 61 percentile
Rent Growth +3.9% 65 percentile
Price/Rent 10x 89 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

With a Boom Town Index score of 65/100, Rankin County sits in the upper half of all 996 ranked counties. Employment is expanding at +0.8%, and median household income stands at $76,460 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in MS.

Is Rankin County affordable?

By national standards, Rankin County is quite affordable. Homes here have a median value of $203,300, and the income-to-home-value ratio of 0.38 is well above the U.S. average — especially with median rent at just $1,177/month. Residents can generally buy a home without being cost-burdened.

Is Rankin County growing or shrinking?

Rankin County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of +0.8%). Home values shifted +2.1% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Rankin County?

In significant numbers — 5.43% of Rankin County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[09] Similar Counties by Size & Score

Harrison County, MS 66 Lamar County, MS 64 Lauderdale County, MS 62 Forrest County, MS 60 Lafayette County, MS 74 Oktibbeha County, MS 75 Natrona County, WY 65 Jackson County, MI 66