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Braxton

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

Median Home$175,700
Median Rent$1,279/month
Population162
Leading IndustriesRetail · Manufacturing · Wholesale Trade18% retail
Home Value Growth-7.6% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners89% of occupied units
NotableTransit81/100 · excellent transit access
Braxton
MS

Frequently Asked Questions

What are today's mortgage rates in Braxton?

As of today, the 30-year fixed mortgage rate for Braxton is approximately 6.911% (6.948% 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 Braxton?

The median home value in Braxton is $176k. The median monthly rent is $1,279. Annual property taxes average $666. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Braxton?

Home values in Braxton have decreased 7.6% 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 Braxton?

Based on a typical all-in ownership cost of $704/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Braxton is $66k/year.

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What industries drive the economy in Braxton?

The largest employment sectors in Braxton are public administration (21%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.