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Forest city, MS

ZIP 39074 — 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 39074

Median Home Value
$114,700
Median Rent
$540
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$737/mo PITI).

14%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.7 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 39074 in Forest city, MS, a household would need roughly $32,000 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 $737. That sits below the local median household income ($46,890), 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
67.3%+3% vs US avg
x
Vacancy Rate
19.2%+86% vs US avg
x
Broadband Access
72.7%-16% vs US avg
x
4+ Bedrooms
5.0%-66% vs US avg
x
Built Pre-1939
4.6%-64% vs US avg
x
Built Post-2014
3.1%-55% vs US avg
x
Rent Burden >30%
12.3%-75% vs US avg
x
Mortgage-Free
66.0%+73% vs US avg
x
$114,700
Home Value
$540
Rent
1984
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 detached58.9%
  • 1-unit attached0.1%
  • 2-9 units8.3%
  • 10+ units0.2%
  • Mobile home & other32.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$114,700
Median rent$540
Owner-occupied67.3%
Vacant19.2%
Price-to-income2.4x
Est. income to buy$32,000