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Bovina

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

Median Home$189,502
Median Rent$917/month
Population511
Leading IndustriesInformation & Media · Manufacturing · Professional Services8% information & media
Home Value Growth+8.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners86% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$87k/year · top 28% nationally
Bovina
MS

Frequently Asked Questions

What are today's mortgage rates in Bovina?

As of today, the 30-year fixed mortgage rate for Bovina is approximately 6.957% (6.998% 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 Bovina?

The median home value in Bovina is $190k. The median monthly rent is $917. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bovina?

Home values in Bovina have increased 8.4% over the past two years. This represents moderate growth. 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 Bovina?

Based on a typical all-in ownership cost of $909/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bovina is $87k/year.

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What industries drive the economy in Bovina?

The largest employment sectors in Bovina are public administration (18%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.