Side-by-side comparison of Johnson City, TN and Jackson, TN — cap rates, rent, prices, and investment metrics.
Cash flow: Jackson has the edge with an estimated cap rate of 5.19% compared to Johnson City's 4.48%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $235,000 in Johnson City vs $185,000 in Jackson, while rents come in at $1,200/mo and $1,080/mo respectively.
Growth & appreciation: Johnson City is growing faster at 1% annually vs Jackson's 0.4%. Johnson City leads on home value appreciation at 3% per year.
Costs & risk: Property taxes are 0.52% in Johnson City vs 0.56% in Jackson. Vacancy rates of 5.4% and 6.5% are mixed — Johnson City has the tighter rental market.
Bottom line: Johnson City edges out Jackson on most key metrics. While cap rates are moderate at 4.48%, Johnson City's overall profile is stronger. Use our free calculators to model specific deals in Johnson City or Jackson.