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Mississippi

State FIPS 28

Juniper

Mississippi is in the 2th percentile nationally for typical home value. It also sits in the lowest 2% nationally for median income. And it sits in the lowest 6% nationally for home price against income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$194,918

Lower than 98% of U.S. states
Median Income

$56,447

Lower than 98% of U.S. states
Hot Days/yr (>90°F)

73.8

The basics

Total Population

2,946,779

Median Age

38.6

Population Density

62.8

Home values & property tax

Median Property Tax

$1,215

Property Tax Rateyearly tax as a share of home value

0.72%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.01×

Lower than 94% of U.S. states
Median Rent

$954

Lower than 92% of U.S. states

Home prices & appreciation

Home Price Growth, Past Year

3.5%

Near the U.S. states median
Pandemic Price Run-Up2019–20 low → 2022–23 peak

34%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

9.2%

Climate & weather

Summer Avg High (°F)

90.6

Winter Avg Low (°F)

37.4

Avg Temperature (°F)

64.7

Freezing Days/yr (<32°F)

45.3

Annual Precipitation (in)

60.2

Annual Snowfall (in)

0.6

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.02

Go deeper

Explore every county, ZIP code, and census tract in Mississippi — demographics, housing, climate, and risk — on the interactive map.

Explore Mississippi on the map →

Mississippi: frequently asked questions

What is the typical home value in Mississippi?
The estimated median home value in Mississippi today is $194,918, lower than 98% of U.S. states.
How much is property tax in Mississippi?
The median annual property tax in Mississippi is $1,215, an effective rate of 0.72% of home value.
Is Mississippi expensive to live in?
Homes in Mississippi cost about 3.01× the median household income, lower than 94% of U.S. states.
What is the average rent in Mississippi?
The median gross rent in Mississippi is $954 a month, lower than 92% of U.S. states.
How much have home prices grown in Mississippi?
Home prices in Mississippi have moved 3.5% over the past year, per the FHFA House Price Index.
How many people live in Mississippi?
Mississippi has a population of 2,946,779, about 62.8 people per square mile, per the U.S. Census American Community Survey. The median age is 38.6.
What is the weather like in Mississippi?
Mississippi averages 64.7°F year-round, summer highs near 90.6°F, winter lows around 37.4°F (NOAA 1991–2020 normals). It sees about 0.6 inches of snow a year.
Is Mississippi at risk of flooding or natural disasters?
Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0.02 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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