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Clarksdale

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

Median Home$86,920
Median Rent$786/month
Population14,174
Leading IndustriesInformation & Media · Public Administration · Finance & Insurance9% information & media
Home Value Growth+9.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Renters52% of occupied units
NotableAffordable Market$87k median home · lower cost than 96% of the country
Clarksdale
MS

Frequently Asked Questions

What are today's mortgage rates in Clarksdale?

As of today, the 30-year fixed mortgage rate for Clarksdale is approximately 6.850% (6.885% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Clarksdale
What is the median home price in Clarksdale?

The median home value in Clarksdale is $87k. The median monthly rent is $786. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clarksdale?

Home values in Clarksdale have increased 9.9% 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 Clarksdale?

Based on a typical all-in ownership cost of $720/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clarksdale is $38k/year.

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What industries drive the economy in Clarksdale?

The largest employment sectors in Clarksdale are public administration (28%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.