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These days, finding an affordable place to live in the 38642 area can be challenging. Home prices in 38642 are now at a median cost of $84,151, lower than the Mississippi average of $145,564.
The average cost of rent is $545/mo in 38642, primarily driven by the current value of real estate in the 38642 area. While nearly 63.60% of residents own their homes outright in 38642, 21.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38642 is $4,271 per month. Households that rent pay about 12.75% of their income on rent here. 38642's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 38647, MS: less expensive homes
- 38057, TN: higher priced homes
- 38046, TN: higher priced homes
- 38603, MS: higher priced homes
- 38039, TN: higher priced homes
- 38661, MS: higher priced homes
- 38066, TN: higher priced homes
- 38611, MS: higher priced homes
- 38067, TN: higher priced homes
- 38629, MS: higher priced homes
Zip Codes with Similar Populations
- 71762, AR: equally priced homes
- 47326, IN: higher priced homes
- 48740, MI: higher priced homes
- 03447, NH: higher priced homes
- 50833, IA: equally priced homes
- 51346, IA: equally priced homes
- 53576, WI: higher priced homes
- 53951, WI: higher priced homes
- 61284, IL: higher priced homes
- 62691, IL: higher priced homes
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