Quick facts: Durant, MS

Quick Facts

92.7
Cost of Living
below US average
2,073
Population
57.89
Crime Rate per 1000
above US average
$25,552
Median Income
below US average
$130,000
Median House Price
above US average
$1309
Average Rent
below US average
Poverty rate Data is updating, will be available soon
7.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $25,552.

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Income Needed to Buy

βœ— Stretch
$41k/year
Based on $130,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $41k vs median $25,552
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Income Needed to Rent

⚠ Stretch
$56k/year
Based on $1309/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $56k vs median $25,552
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Durant, MS

Durant is a small city located in Holmes County, Mississippi. With a population of around 2,500, it serves as a quiet, close-knit community with a rich history. Situated approximately 70 miles north of Jackson, the state capital, Durant offers a blend of rural charm and local culture. The city is primarily known for its agricultural background and is surrounded by beautiful landscapes typical of the Mississippi Delta region. Education is an essential aspect of the community, with several local schools serving the youth. Durant's downtown area features a mix of small businesses, offering residents essential services and local dining options. The city's parks provide recreational opportunities, making it a pleasant place for families and outdoor enthusiasts. Culturally, Durant retains its Southern heritage, with nearby historical sites and events celebrating local traditions. The community is approachable, with a welcoming atmosphere that reflects the values of the people who call this city home. Overall, Durant embodies a slice of authentic Mississippi life, ideal for those seeking a slower pace in a close-knit community.

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