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Runnelstown

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

Median Home$151,700
Median Rent$783/month
Population288
Leading IndustriesRetail · Manufacturing18% retail
Home Value Growth⬆⬆+17.5% over 2 years
Young Adults33% of residentswell above average
Homeowners71% of occupied units
NotableAffordable Market$152k median home · lower cost than 74% of the country
Runnelstown
MS

Frequently Asked Questions

What are today's mortgage rates in Runnelstown?

As of today, the 30-year fixed mortgage rate for Runnelstown is approximately 7.081% (7.126% 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 Runnelstown?

The median home value in Runnelstown is $152k. The median monthly rent is $783. Annual property taxes average $961. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Runnelstown?

Home values in Runnelstown have increased 17.5% 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 Runnelstown?

Based on a typical all-in ownership cost of $685/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Runnelstown is $53k/year.

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What industries drive the economy in Runnelstown?

The largest employment sectors in Runnelstown are public administration (22%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.