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These days, finding an affordable place to live in the 38731 area can be challenging. Home prices in 38731 are now at a median cost of $57,100, lower than the Mississippi average of $145,564.
The average cost of rent is $664/mo in 38731, primarily driven by the current value of real estate in the 38731 area. While nearly 69.82% of residents own their homes outright in 38731, 28.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38731 is $2,357 per month. Households that rent pay about 28.17% of their income on rent here. 38731's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 38744, MS: higher priced homes
- 38745, MS: higher priced homes
- 38765, MS: higher priced homes
- 38748, MS: higher priced homes
- 71640, AR: higher priced homes
- 39061, MS: higher priced homes
- 38721, MS: higher priced homes
- 71253, LA: equally priced homes
- 39097, MS: less expensive homes
- 39115, MS: less expensive homes
Zip Codes with Similar Populations
- 99825, AK: higher priced homes
- 03293, NH: higher priced homes
- 99564, AK: higher priced homes
- 99575, AK: higher priced homes
- 99589, AK: less expensive homes
- 99677, AK: higher priced homes
- 99733, AK: higher priced homes
- 13692, NY: higher priced homes
- 13641, NY: higher priced homes
- 99745, AK: higher priced homes
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