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Mound Bayou

Learn about the people, housing, costs and businesses in Mound Bayou, Mississippi

Median Home$107,300
Median Rent$548/month
Population1,407
Leading IndustriesConstruction · Agriculture & Mining · Retail15% construction
Home Value Growth⬆⬆+13.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners51% of occupied units
NotableAffordable Market$107k median home · lower cost than 89% of the country
NotableTransit81/100 · excellent transit access
Mound Bayou
MS

Frequently Asked Questions

What are today's mortgage rates in Mound Bayou?

As of today, the 30-year fixed mortgage rate for Mound Bayou 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 Mound Bayou?

The median home value in Mound Bayou is $107k. The median monthly rent is $548. Annual property taxes average $906. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mound Bayou?

Home values in Mound Bayou have increased 13.7% 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 Mound Bayou?

Based on a typical all-in ownership cost of $594/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 Mound Bayou is $32k/year.

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What industries drive the economy in Mound Bayou?

The largest employment sectors in Mound Bayou are public administration (27%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.