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Nellieburg

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

Median Home$163,682
Median Rent$1,311/month
Population1,344
Leading IndustriesTransportation · Manufacturing · Retail4% transportation
Home Value Growth+8.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners90% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Nellieburg
MS

Frequently Asked Questions

What are today's mortgage rates in Nellieburg?

As of today, the 30-year fixed mortgage rate for Nellieburg is approximately 6.970% (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.

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What is the median home price in Nellieburg?

The median home value in Nellieburg is $164k. The median monthly rent is $1,311. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nellieburg?

Home values in Nellieburg have increased 8.6% 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 Nellieburg?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nellieburg is $83k/year.

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What industries drive the economy in Nellieburg?

The largest employment sectors in Nellieburg are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.