Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Wheeler

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

Median Home$132,290
Median Rent$422/month
Population268
Leading IndustriesRetail · Finance & Insurance · Information & Media25% retail
Home Value Growth⬆⬆+14.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners85% of occupied units
NotableAffordable Market$132k median home · lower cost than 80% of the country
Wheeler
MS

Frequently Asked Questions

What are today's mortgage rates in Wheeler?

As of today, the 30-year fixed mortgage rate for Wheeler is approximately 6.992% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Wheeler
What is the median home price in Wheeler?

The median home value in Wheeler is $132k. The median monthly rent is $422. Annual property taxes average $781. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wheeler?

Home values in Wheeler have increased 14.8% 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 Wheeler?

Based on a typical all-in ownership cost of $646/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wheeler is $58k/year.

Calculate your buying power
What industries drive the economy in Wheeler?

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