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Affordable
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These days, finding an affordable place to live in the 38631 area can be challenging. Home prices in 38631 are now at a median cost of $82,400, lower than the Mississippi average of $183,008.
The average cost of rent is $446/mo in 38631, primarily driven by the current value of real estate in the 38631 area. In 38631, 52.49% of households rent, and 71.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38631 is $2,813 per month. Households that rent pay about 15.86% of their income on rent here. 38631’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 38630, MS: higher priced homes
- 38617, MS: higher priced homes
- 38639, MS: less expensive homes
- 38644, MS: higher priced homes
- 38645, MS: higher priced homes
- 72389, AR: less expensive homes
- 72333, AR: less expensive homes
- 72353, AR: higher priced homes
- 38623, MS: less expensive homes
- 38646, MS: less expensive homes
Zip Codes with Similar Populations
- 79739, TX: higher priced homes
- 25209, WV: equally priced homes
- 25512, WV: higher priced homes
- 25651, WV: equally priced homes
- 25843, WV: higher priced homes
- 26032, WV: higher priced homes
- 90071, CA: higher priced homes
- 88253, NM: higher priced homes
- 82933, WY: higher priced homes
- 39665, MS: higher priced homes
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