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Okolona city, MS

ZIP 38860 — 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 38860

Median Home Value
$101,100
Median Rent
$389
Affordability Snapshot
$28,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$649/mo PITI).

11%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.7 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 38860 in Okolona city, MS, a household would need roughly $28,000 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 $649. That sits below the local median household income ($43,931), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
63.4%-3% vs US avg
x
Vacancy Rate
14.6%+42% vs US avg
x
Broadband Access
74.5%-14% vs US avg
x
4+ Bedrooms
6.7%-55% vs US avg
x
Built Pre-1939
3.1%-75% vs US avg
x
Built Post-2014
0.7%-89% vs US avg
x
Rent Burden >30%
16.1%-68% vs US avg
x
Mortgage-Free
55.2%+44% vs US avg
x
$101,100
Home Value
$389
Rent
1978
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached70.8%
  • 1-unit attached1.1%
  • 2-9 units8.3%
  • 10+ units1.7%
  • Mobile home & other18.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$101,100
Median rent$389
Owner-occupied63.4%
Vacant14.6%
Price-to-income2.3x
Est. income to buy$28,000