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These days, finding an affordable place to live in the Shady Grove area can be challenging. Home prices in Shady Grove are now at a median cost of $124,385, lower than the Mississippi average of $183,008.
The average cost of rent is $581/mo in Shady Grove, primarily driven by the current value of real estate in the Shady Grove area. In Shady Grove, 29.41% of households rent, and 71.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shady Grove is $4,374 per month. Households that rent pay about 13.29% of their income on rent here. Shady Grove’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hazlehurst, MS: equally priced homes
- Gallman, MS: higher priced homes
- Hopewell, MS: higher priced homes
- Martinsville, MS: less expensive homes
- Crystal Springs, MS: equally priced homes
- Georgetown, MS: higher priced homes
- Stronghope, MS: less expensive homes
- Beauregard, MS: higher priced homes
- Rockport, MS: less expensive homes
- Wesson, MS: equally priced homes
Cities with Similar Populations
- Black Jack, KS: higher priced homes
- Baldwin, IL: equally priced homes
- Basom, NY: higher priced homes
- Bedford Park, IL: higher priced homes
- Beersheba Springs, TN: less expensive homes
- Union City, KY: higher priced homes
- Bucklin, MO: less expensive homes
- Bruce, SD: higher priced homes
- Tutor Key, KY: equally priced homes
- Birmingham, KS: higher priced homes
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