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Mississippi State

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

Median Home$314,658
Median Rent$890/month
Population4,882
Leading IndustriesProfessional Services · Education · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆+12.1% over 2 years
Young Adults47% of residentstop 1% nationally
Renters63% of occupied units
NotableHighly Educated32% bachelor's · 19% graduate · top 6% nationally
Mississippi State
MS

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mississippi State?

As of today, the 30-year fixed mortgage rate for Mississippi State is approximately 6.808% (6.841% 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 Mississippi State?

The median home value in Mississippi State is $315k. The median monthly rent is $890. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mississippi State?

Home values in Mississippi State have increased 12.1% 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 Mississippi State?

Based on a typical all-in ownership cost of $956/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mississippi State is $39k/year.

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What industries drive the economy in Mississippi State?

The largest employment sectors in Mississippi State are public administration (28%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.