FAQs
The average cost of land in Mississippi
According to the USDA's 2022 data, the average for an acre of Mississippi land is approximately $3,000.
Why are houses so cheap in Laurel, Mississippi? ›
Are Homes expensive in Laurel Mississippi? No they aren't expensive. Homes in Laurel, Mississippi, are generally considered affordable when compared to national averages. The city's lower cost of living, stable economic landscape, and historical charm contribute to reasonable housing prices.
Why is real estate so cheap in Mississippi? ›
Lower Housing Demand
It's a simple case of supply and demand. There is more supply in many parts of the state than there is demand, so it becomes a seller's market where homes are cheaper in Mississippi compared to most other places in the country.
How much does a house in Mississippi cost? ›
There are currently 10,047 homes for sale in Mississippi. The median list price in Mississippi is $299,900 and the average price per square foot is $147.
Is it worth buying land in Mississippi? ›
Mississippi Land prices are rising, which means that land in the Magnolia state could be an extremely good investment. However, before you go ahead and buy Mississippi land, you need to consider your investment goals. Do you plan to hold onto your land for just a few years and then sell it as soon as land prices rise?
What state has the cheapest land? ›
The ten states with the cheapest land are Arizona, New Mexico, Mississippi, Colorado, Arkansas, New York, Missouri, Oregon, Alabama, and Michigan. Arizona is the cheapest state to buy land with a median price of $4,164 per acre.
What is the cheapest place to live in Mississippi? ›
Where is the most affordable place to live in Mississippi? With an average home value of $111,012 and a cost of living almost 14% below the U.S. average, Meridian is the most affordable place to live in Mississippi.
How is crime in Laurel, Mississippi? ›
With a crime rate of 52 per one thousand residents, Laurel has one of the highest crime rates in America compared to all communities of all sizes - from the smallest towns to the very largest cities. One's chance of becoming a victim of either violent or property crime here is one in 19.
What is the average household income in Laurel Mississippi? ›
What are the median and average incomes in Laurel?
| Y-o-Y Change |
---|
Average Household Income | $53,957 | -2.9% |
Median Household Income | $33,149 | -2.8% |
People below Poverty Level | 5,533 | 5.1% |
People above Poverty Level | 11,264 | -9.9% |
Is it cheap to retire in Mississippi? ›
One state that has become popular amongst retirees for its affordable cost of living is Mississippi. The benefits of retirement in Mississippi are profound. Hailed is one of the best states to live in after retirement, retirees look forward to living in this state because it doesn't tax retirement income.
12 Pros and Cons of Living in Mississippi: What to Know Before Making a Move
- Renting in Mississippi snapshot. ...
- Pro: Rich cultural heritage. ...
- Con: Weather extremes. ...
- Pro: Affordable cost of living. ...
- Con: Limited job opportunities. ...
- Pro: Natural beauty and outdoor activities. ...
- Con: Limited public transportation.
What is the most expensive city to live in Mississippi? ›
These Are The Most Expensive Towns To Live in Mississippi
- #8: Flowood. Canva. ...
- #7: Bay St. Louis. ...
- #6: Hernando. Canva. ...
- #5: Oxford. Canva. Population: 25,713. ...
- #4: Diamondhead. Canva. Population: 9,360. ...
- #3: Pass Christian. Canva. Population: 5,802. ...
- #2: Long Beach. Canva. Population: 16,809. ...
- #1: Madison. Canva. Population: 27,595.
How much does it cost to build a 2 bedroom house in Mississippi? ›
It costs about $120 per square foot to build a house in Mississippi. So, you would have to spend $240,000 to build a 2,000-square-foot home in Mississippi. These costs will vary depending on location, property type, labor expenses, material costs, etc.
What is a good salary in Mississippi? ›
$35,663 is the 25th percentile. Salaries below this are outliers. $59,184 is the 75th percentile.
How much does it cost to build a house on your own land in Mississippi? ›
According to HomeAdvisor, building a new home in Mississippi may cost between $180,000 and $300,000. The total expense depends on location, design, and materials. This is usually $100 to $155 per square foot for the typical home in Mississippi.
How to make money with land in Mississippi? ›
Here are some of the best ways to generate income from your hunting land in Mississippi.
- Leasing Your Land. ...
- Offering Guided Hunts. ...
- Selling Hunting Rights. ...
- Hosting Events. ...
- Renting Out Your Cabin. ...
- McMillan Land & Realty: Your Hunting Land Partner.
How much of Mississippi is public land? ›
US States Land Ownership by Percentage:
Rank | State | % that is Public Land |
---|
31 | MS | 10.9% |
32 | LA | 10.7% |
33 | GA | 9.7% |
34 | ND | 9.1% |
47 more rows
What is the average acreage farmed in Mississippi? ›
Agriculture in Mississippi is a 8.76 billion-dollar industry. There are approximately 34,700 farms in the state covering 10.3 million acres. The average size farm is composed of 300 acres.
How much is Delta farmland worth in Mississippi? ›
Delta Cropland Values and Rents
Dry and irrigated cropland values in the Mississippi Delta Region edged up from 2017 into 2018. Delta dry cropland averaged $3,522 per acre in 2018 while Delta irrigated cropland averaged $4,746 per acre.