Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Moorhead

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

Median Home$68,500
Median Rent$621/month
Population1,626
Leading IndustriesConstruction · Agriculture & Mining · Public Administration10% construction
Home Value Growth+3.4% over 2 years
Young Adults33% of residentswell above average
Homeowners63% of occupied units
NotableAffordable Market$69k median home · lower cost than 99% of the country
Moorhead
MS

Frequently Asked Questions

What are today's mortgage rates in Moorhead?

As of today, the 30-year fixed mortgage rate for Moorhead is approximately 6.973% (7.012% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Moorhead
What is the median home price in Moorhead?

The median home value in Moorhead is $69k. The median monthly rent is $621. Annual property taxes average $839. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Moorhead?

Home values in Moorhead have increased 3.4% over the past two years. This represents moderate growth. 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 Moorhead?

Based on a typical all-in ownership cost of $504/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Moorhead is $38k/year.

Calculate your buying power
What industries drive the economy in Moorhead?

The largest employment sectors in Moorhead are public administration (27%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.