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Snow Lake Shores

Learn about the people, housing, costs and businesses in Snow Lake Shores, Mississippi

Median Home$109,500
Median Rent$736/month
Population315
Leading IndustriesWholesale Trade · Finance & Insurance · Information & Media25% wholesale trade
Home Value Growth⬆⬆⬆+86.0% over 2 years
Young Adults29% of residentsslightly above average
Homeowners87% of occupied units
NotableAffordable Market$110k median home · lower cost than 89% of the country
Snow Lake Shores
MS

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Snow Lake Shores?

As of today, the 30-year fixed mortgage rate for Snow Lake Shores is approximately 6.906% (6.942% 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 Snow Lake Shores?

The median home value in Snow Lake Shores is $110k. The median monthly rent is $736. Annual property taxes average $608. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Snow Lake Shores?

Home values in Snow Lake Shores have increased 86.0% 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 Snow Lake Shores?

Based on a typical all-in ownership cost of $814/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Snow Lake Shores is $53k/year.

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What industries drive the economy in Snow Lake Shores?

The largest employment sectors in Snow Lake Shores are public administration (26%) and wholesale trade (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.