Flowood, Mississippi.
Typical home $333,126 (+1.5% in a year), asking rent $1,615 (+3.8%). Jackson, MS metro.
to buy the typical home at today's mortgage rate — +$844 (+93%) since Jan 2020.
- 1 year
- Up $4,980 +2%
- $328,146$333,126 since Sep 2025
- 5 years
- Up $50,689 +18%
- $282,437$333,126 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Flowood$1,748
- Mississippi$1,021
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Flowood, MS rose 1.5% over the past year — faster than the nation's +1.2%.
Asking rents in Flowood, MS rose 3.8% over the past year — faster than the nation's +2.7%.
Owning the typical home in Flowood runs $657/mo more than renting one. The gap peaked at $740 in Jan 2025.
That is $2,272 a month against $1,615 rent: a $1,748 mortgage payment, plus $167 property tax and $357 insurance & upkeep.
Owning vs renting — Flowood
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,272
- Renting$1,615
- Mortgage only$1,748
Property tax · $167/mo 0.60% of value a year — the ACS 2020-2024 median bill over the median home value for Rankin County, MS
Insurance & upkeep · $357/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Flowood, Rankin County, Mississippi
Flowood is a city of 10,202 people in Rankin County. Half its households earn more than $83,880 a year and half less, against $79,357 across Rankin County; 13% of its people live below the poverty line. 54% of its homes are lived in by their owners and 46% are rented. Unemployment in Rankin County was 2.4% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Flowood is a small city in Rankin County, just across the Pearl River from Jackson. Households here earn more than the county's typical household, and a four-year degree is common among adults. Homes are split fairly evenly between owners and renters, with owners holding a slight edge, and the typical age sits in the middle of adulthood. Winters are cool and short, with snow a rare sight, summers run hot, and rain falls through much of the year.
Work. Many residents work in schools, hospitals and social care, with professional and business services, retail, and banking and insurance also common. Among the largest workplaces in Flowood are St. Dominic-Jackson Memorial Hospital, River Oaks Hospital and Sanderson Farms Foods Division. Unemployment across Rankin County is lower than a year earlier, and the county has added a small number of jobs. Most people have a commute of ordinary length, and some work from home.
Things to do. The Mississippi Musicians Hall of Fame, a museum, is in or beside town. A short drive away are the Ross Barnett Reservoir, a large body of water for time outdoors, and LeFleur's Bluff State Park, a protected area. The Mississippi Civil Rights Museum is also a short drive away.
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- 4,684households
- 55%of adults have a degree
- 13%below the poverty line
- 22 mintypical commute
- 10%work from home
What residents work in
Employed residents by industry, from the Census survey. Rankin County had 67,431 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 57° and lows near 37°; warmest in August, with highs near 92° and lows near 72°. About 1 inches of snow and 57 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Jackson International Airport weather station, a mile away (NOAA).
Largest workplaces in Flowood
- St. Dominic-jackson Memorial HospGeneral hospital2,358FTE
- SECPole line construction550
- River Oaks HospitalGeneral hospital526FTE
- Sanderson Farms Foods DivisionPrepared food manufacturing486
- US Foods - JacksonFood distribution warehouse297
- Steel ServiceFabricated structural metal manufacturing185
- TargetDiscount department stores168
- Lowe's Companies, INCHomecenter155
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 34 workplaces with 20 or more staff, 6,645 people in all. Hospitals come from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- TornadoesRelatively high
- Ice stormsRelatively high
- Strong windRelatively high
- Lightningrelatively high in parts of FlowoodRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Flowood’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Rankin County and the Jackson, MS metro.
Flowood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Flowood$333,126
- Mississippi$194,531
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Flowood listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Flowood29.33%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Flowood19
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Flowood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Flowood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.