Quick facts: Metcalfe, MS

Quick Facts

92.7
Cost of Living
below US average
771
Population
194.55
Crime Rate per 1000
above US average
$41,563
Median Income
below US average
$60,096
Median House Price
above US average
$1309
Average Rent
below US average
25%
Poverty Rate
above US average
7.2%
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 $41,563.

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Income Needed to Buy

βœ“ Affordable
$19k/year
Based on $60,096 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($41,563) exceeds requirement
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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 $41,563
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Metcalfe, MS

Metcalfe is a small town located in the heart of Sunflower County, Mississippi. Known for its rural charm, Metcalfe features a close-knit community where local culture and Southern hospitality shine. The town is situated near the Mississippi Delta, an area renowned for its rich agricultural heritage and contributions to blues music. Though Metcalfe itself is small and lacks extensive commercial establishments, it provides access to nearby larger towns like Indianola and Greenville, which offer more shopping, dining, and entertainment options. The surrounding landscape is characterized by picturesque fields and waterways that provide opportunities for outdoor activities such as fishing and hunting. Metcalfe's location in the Delta also means it is surrounded by the deep cultural history of the area, highlighted by its music, cuisine, and local festivals. The town serves as a perfect gateway to exploring the broader Mississippi Delta region, making it an attractive spot for those seeking to experience authentic Southern life.

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