Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shipman area can be challenging. Home prices in Shipman are now at a median cost of $152,255, higher than the Mississippi average of $145,564.
The average cost of rent is $992/mo in Shipman, primarily driven by the current value of real estate in the Shipman area. While nearly 45.04% of residents own their homes outright in Shipman, 17.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shipman is $4,320 per month. Households that rent pay about 22.97% of their income on rent here. Shipman's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Vernal, MS: less expensive homes
- Lucedale, MS: less expensive homes
- Latonia, MS: less expensive homes
- Moffet, AL: less expensive homes
- Bexley, MS: less expensive homes
- Wilmer, AL: less expensive homes
- Merrill, MS: less expensive homes
- Sidney, AL: less expensive homes
- Chunchula, AL: equally priced homes
- Citronelle, AL: less expensive homes
Cities with Similar Populations
- Albion, ME: less expensive homes
- Yonkers, OK: less expensive homes
- Yolo, CA: higher priced homes
- Worthington, MA: higher priced homes
- Wooster, IN: higher priced homes
- Woodville, MI: less expensive homes
- Wilton, ND: higher priced homes
- Whiting, IA: less expensive homes
- Wheatland, IA: less expensive homes
- Westtown, PA: higher priced homes
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