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New Houlka town, MS

ZIP 38850 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38850

Median Home Value
$78,500
Median Rent
$349
Affordability Snapshot
$22,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$504/mo PITI).

9%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.7 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 38850 in New Houlka town, 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 $504. That sits below the local median household income ($45,991), 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 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
80.8%+24% vs US avg
x
Vacancy Rate
18.9%+84% vs US avg
x
Broadband Access
73.8%-15% vs US avg
x
4+ Bedrooms
0.7%-95% vs US avg
x
Built Pre-1939
1.4%-89% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
20.1%-60% vs US avg
x
Mortgage-Free
72.0%+88% vs US avg
x
$78,500
Home Value
$349
Rent
1981
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached74.3%
  • 1-unit attached0.3%
  • 2-9 units2.9%
  • 10+ units0.1%
  • Mobile home & other22.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$78,500
Median rent$349
Owner-occupied80.8%
Vacant18.9%
Price-to-income1.7x
Est. income to buy$22,000