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Lula town, MS

ZIP 38617 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38617

Median Home Value
$65,300
Median Rent
$151
Affordability Snapshot
$18,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$419/mo PITI).

8%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

36.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 38617 in Lula town, MS, a household would need roughly $18,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $419. That sits below the local median household income ($22,704), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 21% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
38.6%-41% vs US avg
x
Vacancy Rate
20.7%+101% vs US avg
x
Broadband Access
75.8%-13% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
7.0%-45% vs US avg
x
Built Post-2014
3.5%-49% vs US avg
x
Rent Burden >30%
9.1%-82% vs US avg
x
Mortgage-Free
75.5%+98% vs US avg
x
$65,300
Home Value
$151
Rent
1985
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached50.7%
  • 1-unit attached0.0%
  • 2-9 units41.2%
  • 10+ units0.7%
  • Mobile home & other7.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$65,300
Median rent$151
Owner-occupied38.6%
Vacant20.7%
Price-to-income2.9x
Est. income to buy$18,000