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Chunky

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

Median Home$93,700
Median Rent$900/month
Population277
Leading IndustriesTransportation · Retail · Construction8% transportation
Home Value Growth⬆⬆⬆+44.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners87% of occupied units
Chunky
MS

Frequently Asked Questions

What are today's mortgage rates in Chunky?

As of today, the 30-year fixed mortgage rate for Chunky is approximately 6.992% (7.035% 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 Chunky?

The median home value in Chunky is $94k. The median monthly rent is $900. Annual property taxes average $848. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chunky?

Home values in Chunky have increased 44.6% 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 Chunky?

Based on a typical all-in ownership cost of $523/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chunky is $59k/year.

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What industries drive the economy in Chunky?

The largest employment sectors in Chunky are public administration (24%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.