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Hermanville

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

Median Home$59,300
Median Rent$667/month
Population629
Leading IndustriesPublic Administration · Finance & Insurance · Construction33% public administration
Retirees22% of residentsnear the national average
Homeowners78% of occupied units
NotableAffordable Market$59k median home · lower cost than 99% of the country
Hermanville
MS

Frequently Asked Questions

What are today's mortgage rates in Hermanville?

As of today, the 30-year fixed mortgage rate for Hermanville is approximately 6.972% (7.014% 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 Hermanville?

The median home value in Hermanville is $59k. The median monthly rent is $667. Annual property taxes average $295. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Hermanville?

Based on a typical all-in ownership cost of $550/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hermanville is $26k/year.

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What industries drive the economy in Hermanville?

The largest employment sectors in Hermanville are public administration (33%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.