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Louin

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

Median Home$53,100
Population285
Leading IndustriesProfessional Services · Manufacturing · Wholesale Trade5% professional services
Home Value Growth⬆⬆⬆+25.7% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners91% of occupied units
Louin
MS

Frequently Asked Questions

What are today's mortgage rates in Louin?

As of today, the 30-year fixed mortgage rate for Louin is approximately 6.951% (6.992% 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 Louin?

The median home value in Louin is $53k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Louin?

Home values in Louin have increased 25.7% 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 Louin?

Based on a typical all-in ownership cost of $306/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $13k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Louin is $50k/year.

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What industries drive the economy in Louin?

The largest employment sectors in Louin are public administration (25%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.