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Iuka

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

Median Home$124,227
Median Rent$662/month
Population3,044
Leading IndustryEducation4% of local workforce
Home Value Growth⬆⬆+15.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners72% of occupied units
NotableAffordable Market$124k median home · lower cost than 83% of the country
NotableTransit79/100 · excellent transit access
Iuka
MS

Frequently Asked Questions

What are today's mortgage rates in Iuka?

As of today, the 30-year fixed mortgage rate for Iuka is approximately 6.901% (6.937% 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 Iuka?

The median home value in Iuka is $124k. The median monthly rent is $662. Annual property taxes average $475. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Iuka?

Home values in Iuka have increased 15.3% 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 Iuka?

Based on a typical all-in ownership cost of $591/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Iuka is $50k/year.

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What industries drive the economy in Iuka?

The largest employment sectors in Iuka are public administration (22%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.