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Amory

Learn about the people, housing, costs and businesses in Amory, Mississippi

Median Home$143,364
Median Rent$908/month
Population6,471
Leading IndustriesRetail · Arts, Food & Hospitality · Transportation17% retail
Home Value Growth-2.8% over 2 years
Young Adults26% of residents
Homeowners62% of occupied units
Amory
MS

Frequently Asked Questions

What are today's mortgage rates in Amory?

As of today, the 30-year fixed mortgage rate for Amory is approximately 6.905% (6.941% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Amory?

The median home value in Amory is $143k. The median monthly rent is $908. Annual property taxes average $916. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Amory?

Home values in Amory have decreased 2.8% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Amory?

Based on a typical all-in ownership cost of $860/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Amory is $49k/year.

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What industries drive the economy in Amory?

The largest employment sectors in Amory are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.