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Lumberton

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

Median Home$98,741
Median Rent$913/month
Population1,548
Leading IndustriesTransportation · Retail3% transportation
Home Value Growth-9.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners70% of occupied units
NotableTransit81/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Lumberton
MS

Frequently Asked Questions

What are today's mortgage rates in Lumberton?

As of today, the 30-year fixed mortgage rate for Lumberton is approximately 6.997% (7.037% 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 Lumberton?

The median home value in Lumberton is $99k. The median monthly rent is $913. Annual property taxes average $743. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lumberton?

Home values in Lumberton have decreased 9.2% over the past two years. Buyers may find more negotiating room in this market. 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 Lumberton?

Based on a typical all-in ownership cost of $639/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 Lumberton is $45k/year.

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What industries drive the economy in Lumberton?

The largest employment sectors in Lumberton are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.