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Drew city, MS

ZIP 38737 — 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 38737

Median Home Value
$81,500
Median Rent
$446
Affordability Snapshot
$22,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$524/mo PITI).

18%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.2 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 38737 in Drew city, MS, a household would need roughly $22,000 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 $524. That sits below the local median household income ($29,696), 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 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
43.6%-33% vs US avg
x
Vacancy Rate
10.2%-1% vs US avg
x
Broadband Access
76.3%-12% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
15.2%+19% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
19.3%-61% vs US avg
x
Mortgage-Free
72.3%+89% vs US avg
x
$81,500
Home Value
$446
Rent
1976
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached65.1%
  • 1-unit attached0.5%
  • 2-9 units29.6%
  • 10+ units2.0%
  • Mobile home & other2.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$81,500
Median rent$446
Owner-occupied43.6%
Vacant10.2%
Price-to-income2.7x
Est. income to buy$22,000