Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median −10.4% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −57.1% YoY, is the number to watch.
The median listing price is down 10.4% YoY while the median home got down 2.1% bigger, so value per square foot is down 5.0%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $54K purchase rents for $950/mo: 1.77% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price), 5 BR (rent only, no matching sale price), 8 BR (sale only, no matching rent).
Sales here take about 36 days longer to go under contract than rentals.
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Multi-Family (sold here, not rented).
Not shown: Condo (no rent per sq ft reported).
U.S. Census ACS characteristics for ZIP 39203 itself, not its parent county.
Renters hold 63.4% of this ZIP's 1,749 occupied households, on a median household income of $27K.
| Measure | ZIP 39203 | Hinds County | Difference |
|---|---|---|---|
| Median Household Income | $27K | $49K | -$23K |
| Below Poverty Level | 39.6% | 22.7% | +16.9% |
| Median Age | 36.10 | 36.90 | -0.80 |
| Total Population | 4,019 | 218,533 | -- |
| Avg Household Size | 1.97 | 2.34 | -0.37 |
| Owner-Occupied | 36.6% | 58.3% | -21.7% |
| Worked From Home | 3.8% | 8.6% | -4.8% |
| Mean Commute | 21.50 | 22.30 | -0.80 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 1.8% to 218,533: residents under 18 are down 2.6% and those 65 and over are up 2.1%.
County median household income is $49K, 22.7% of residents are below the poverty level, 8.6% work from home.