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These days, finding an affordable place to live in the 38847 area can be challenging. Home prices in 38847 are now at a median cost of $65,934, lower than the Mississippi average of $145,564.
The average cost of rent is $833/mo in 38847, primarily driven by the current value of real estate in the 38847 area. While nearly 72.07% of residents own their homes outright in 38847, 22.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38847 is $3,761 per month. Households that rent pay about 22.15% of their income on rent here. 38847's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 35582, AL: higher priced homes
- 38827, MS: higher priced homes
- 38838, MS: higher priced homes
- 35593, AL: higher priced homes
- 38859, MS: higher priced homes
- 38856, MS: higher priced homes
- 38855, MS: higher priced homes
- 35571, AL: higher priced homes
- 38824, MS: higher priced homes
- 35585, AL: higher priced homes
Zip Codes with Similar Populations
- 53573, WI: higher priced homes
- 75422, TX: higher priced homes
- 45786, OH: higher priced homes
- 56554, MN: higher priced homes
- 17302, PA: higher priced homes
- 78832, TX: higher priced homes
- 54950, WI: higher priced homes
- 35579, AL: higher priced homes
- 06756, CT: higher priced homes
- 71744, AR: higher priced homes
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