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Chalybeate

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

Median Home$118,300
Median Rent$683/month
Population182
Leading IndustriesRetail · Construction · Agriculture & Mining22% retail
Home Value Growth⬆⬆⬆+28.1% over 2 years
Retirees27% of residentsabove average nationally
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$118k median home · lower cost than 85% of the country
Chalybeate
MS

Frequently Asked Questions

What are today's mortgage rates in Chalybeate?

As of today, the 30-year fixed mortgage rate for Chalybeate is approximately 6.968% (7.010% 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 Chalybeate?

The median home value in Chalybeate is $118k. The median monthly rent is $683. Annual property taxes average $833. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chalybeate?

Home values in Chalybeate have increased 28.1% over the past two years. This indicates a strong appreciation trend. 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 Chalybeate?

Based on a typical all-in ownership cost of $526/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chalybeate is $58k/year.

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What industries drive the economy in Chalybeate?

The largest employment sectors in Chalybeate are retail (22%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.