Housing market/Mississippi/ZIP 39232

ACS 2023 · FY2027 SAFMR

ZIP 39232 Flowood, Mississippi

Jackson, MS HUD Metro FMR Area · Mississippi. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
9,324
Households
3,954
Median HH income
$83,389
Renter share
45.7%
Median gross rent
$1,412
Vacancy
5.9%
Pop. change
+18.2%
2BR SAFMR
$1,670
SAFMR / rent
1.183×
2–49 unit stock
1,355
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 39232 · MS — sent to you.

ZIP 39232 · MS

ACS median rent$1,412
2BR SAFMR$1,670
90% floor$1,503
110% ceiling$1,837

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 39232

  • 1-unit detached2,45658.5%
  • 1-unit attached862.1%
  • 2–4 units3588.5%
  • 5–49 units99723.8%
  • 50+ units2435.8%
  • Mobile551.3%
TypeUnitsShare
1-unit detached2,45658.4%
1-unit attached862.0%
2 units (duplex)380.9%
3–4 units3207.6%
5–9 units59314.1%
10–19 units3267.8%
20–49 units781.9%
50+ units2435.8%
Mobile551.3%

2–4 unit share 8.5% · 5–49 unit share 23.7% · combined 2–49 32.2%.

Units by bedrooms

Studio
23
1BR
436
2BR
1,160
3BR
1,489
4BR
800
5+
296

Rent burden

Rent ≥30% of income52.8%
Rent ≥50% of income34.1%
  • ACS median gross rent $1,412 (all bedrooms, occupied rentals).
  • Median contract rent $1,329.
  • Renters paying ≥30% of income 52.8%; ≥50% 34.1%.
  • FY2027 2BR SAFMR $1,670 (1.183× ACS median gross rent).

Population

9,324 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +18.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 39232 45.7% of occupied households are renters; vacancy is 5.9%; ACS median gross rent is $1,412; population increased +18.2% between the 2018 and 2023 ACS vintages; the housing stock includes 358 units in 2–4-unit structures and 997 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,670 versus ACS median gross rent of $1,412. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Mississippi research

ZIP 39232 is a Census / HUD profile for Jackson, MS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Mississippi research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 39232?

ZIP 39232 (Jackson, MS HUD Metro FMR Area) has 9,324 residents, 3,954 households, a renter share of 45.7%, median household income of $83,389, and ACS 2023 median gross rent of $1,412. Vacancy is 5.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 39232?

ACS counts 38 units in 2-unit buildings, 320 in 3–4 unit buildings, 593 in 5–9, 326 in 10–19, and 78 in 20–49. Combined 2–49 unit stock is 1,355 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 39232?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,670. See the full schedule and 90–110% payment-standard band on the ZIP 39232 — Flowood, MS HUD Section 8 Payment Standards / SAFMR.

Does this Mississippi ZIP profile include Georgia listings?

No. ZIP 39232 is Census / HUD research for Jackson, MS HUD Metro FMR Area. Jeff Crowe CRE does not list Mississippi property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.