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These days, finding an affordable place to live in the 38701 area can be challenging. Home prices in 38701 are now at a median cost of $130,994, lower than the Mississippi average of $183,008.
The average cost of rent is $982/mo in 38701, primarily driven by the current value of real estate in the 38701 area. In 38701, 43.25% of households rent, and 67.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38701 is $3,845 per month. Households that rent pay about 25.54% of their income on rent here. 38701’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 38703, MS: less expensive homes
- 38760, MS: less expensive homes
- 38756, MS: less expensive homes
- 38723, MS: less expensive homes
- 38722, MS: less expensive homes
- 71653, AR: higher priced homes
- 38751, MS: less expensive homes
- 71663, AR: less expensive homes
- 38753, MS: higher priced homes
- 38754, MS: less expensive homes
Zip Codes with Similar Populations
- 79765, TX: higher priced homes
- 35235, AL: higher priced homes
- 37857, TN: higher priced homes
- 40215, KY: less expensive homes
- 41102, KY: higher priced homes
- 48813, MI: higher priced homes
- 50009, IA: higher priced homes
- 53090, WI: higher priced homes
- 73010, OK: higher priced homes
- 78801, TX: higher priced homes
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