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Shubuta

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

Median Home$104,600
Median Rent$739/month
Population442
Leading IndustriesRetail · Manufacturing · Healthcare19% retail
Home Value Growth⬆⬆⬆+21.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners83% of occupied units
NotableAffordable Market$105k median home · lower cost than 90% of the country
Shubuta
MS

Frequently Asked Questions

What are today's mortgage rates in Shubuta?

As of today, the 30-year fixed mortgage rate for Shubuta is approximately 7.062% (7.107% 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 Shubuta?

The median home value in Shubuta is $105k. The median monthly rent is $739. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shubuta?

Home values in Shubuta have increased 21.3% 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 Shubuta?

Based on a typical all-in ownership cost of $462/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shubuta is $36k/year.

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What industries drive the economy in Shubuta?

The largest employment sectors in Shubuta are retail (19%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.