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These days, finding an affordable place to live in the 38961 area can be challenging. Home prices in 38961 are now at a median cost of $92,159, lower than the Mississippi average of $183,008.
The average cost of rent is $662/mo in 38961, primarily driven by the current value of real estate in the 38961 area. In 38961, 30.65% of households rent, and 70.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38961 is $3,631 per month. Households that rent pay about 18.23% of their income on rent here. 38961’s most expensive areas are in the northwestern 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
- 38953, MS: equally priced homes
- 38948, MS: higher priced homes
- 38920, MS: less expensive homes
- 38921, MS: equally priced homes
- 38922, MS: higher priced homes
- 38962, MS: less expensive homes
- 38928, MS: higher priced homes
- 38966, MS: higher priced homes
- 38957, MS: higher priced homes
- 38964, MS: less expensive homes
Zip Codes with Similar Populations
- 85930, AZ: higher priced homes
- 14815, NY: higher priced homes
- 14855, NY: higher priced homes
- 15331, PA: equally priced homes
- 15427, PA: higher priced homes
- 15924, PA: equally priced homes
- 21869, MD: higher priced homes
- 81036, CO: higher priced homes
- 81424, CO: higher priced homes
- 84639, UT: higher priced homes
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