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Drew

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

Median Home$84,900
Median Rent$707/month
Population1,715
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare4% professional services
Home Value Growth+3.4% over 2 years
Young Adults33% of residentswell above average
Renters53% of occupied units
NotableHighly Educated38% bachelor's · 20% graduate · top 2% nationally
NotableAffordable Market$85k median home · lower cost than 96% of the country
Drew
MS

Frequently Asked Questions

What are today's mortgage rates in Drew?

As of today, the 30-year fixed mortgage rate for Drew is approximately 6.835% (6.869% 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 Drew?

The median home value in Drew is $85k. The median monthly rent is $707. Annual property taxes average $743. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Drew?

Home values in Drew have increased 3.4% 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 Drew?

Based on a typical all-in ownership cost of $624/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Drew is $30k/year.

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What industries drive the economy in Drew?

The largest employment sectors in Drew are public administration (26%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.