Quick facts: Picayune, MS

Quick Facts

92.7
Cost of Living
below US average
11,826
Population
35.68
Crime Rate per 1000
above US average
$35,649
Median Income
below US average
$179,900
Median House Price
above US average
$1156.25
Average Rent
below US average
21%
Poverty Rate
above US average
4.5%
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 $35,649.

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Income Needed to Buy

βœ— Stretch
$56k/year
Based on $179,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $56k vs median $35,649
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Income Needed to Rent

⚠ Stretch
$50k/year
Based on $1156.25/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $50k vs median $35,649
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Picayune, MS

Picayune is a charming city located in Pearl River County, Mississippi. Nestled at the crossroads of Interstate 59 and U.S. Highway 11, it serves as a convenient gateway between New Orleans and Hattiesburg. Known for its warm Southern hospitality, Picayune boasts a rich history, with roots tracing back to the 19th century. The city is named after the local Picayune newspaper and reflects the vibrant culture and community spirit of the region. Picayune is home to several parks, including the scenic Frontier Park which offers walking trails and picnic spots along a beautiful creek. The city's close-knit community hosts various events and festivals throughout the year, such as the annual Blueberry Jubilee celebrating the local blueberry harvest. Additionally, Picayune's surroundings are ripe for outdoor activities, with nearby access to lakes, forests, and the Gulf Coast. The city also features a mix of local shops and dining options, offering a taste of Mississippi cuisine. Overall, Picayune presents the perfect blend of small-town charm and accessibility to larger urban areas.

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