Quick facts: Greenville, MS

Quick Facts

92.7
Cost of Living
below US average
28,017
Population
75.42
Crime Rate per 1000
above US average
$35,148
Median Income
below US average
$75,000
Median House Price
above US average
$1050.0
Average Rent
below US average
30%
Poverty Rate
above US average
5.8%
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 $35,148.

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Income Needed to Buy

βœ“ Affordable
$24k/year
Based on $75,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($35,148) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$45k/year
Based on $1050.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $45k vs median $35,148
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Greenville, MS

Greenville is a vibrant city located in the Mississippi Delta region of the United States. Known for its rich cultural heritage and historical significance, Greenville serves as a hub for the agricultural and business sectors of the area. The city is nestled along the Mississippi River, providing picturesque views and recreational opportunities. Founded in the early 19th century, Greenville has a deep connection to the blues music genre, being a part of the legendary Mississippi Blues Trail. Visitors can explore the city's music roots through various festivals and events throughout the year. The downtown area features charming shops, restaurants, and art galleries that reflect the local culture. Greenville is also known for its outdoor activities, including fishing and boating on the river and enjoying the scenic landscapes of nearby parks. The city hosts several annual events, such as the Mississippi Delta Blues Festival, attracting music lovers from far and wide. With a population of around 30,000, Greenville offers a warm, small-town atmosphere while providing access to modern amenities and services, making it a unique destination in the heart of the Delta.

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