Quick facts: Plantersville, MS

Quick Facts

92.7
Cost of Living
below US average
849
Population
17.67
Crime Rate per 1000
below US average
$40,938
Median Income
below US average
$159,000
Median House Price
above US average
$750.0
Average Rent
below US average
24%
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 $40,938.

🏠

Income Needed to Buy

βœ— Stretch
$50k/year
Based on $159,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $50k vs median $40,938
🏒

Income Needed to Rent

βœ“ Affordable
$32k/year
Based on $750.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($40,938) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Plantersville, MS

Plantersville is a small town located in the northeastern part of Mississippi, within the boundaries of Tupelo, which is the county seat of Lee County. With a population of just a few hundred residents, Plantersville offers a close-knit community atmosphere characterized by friendly faces and a slow-paced lifestyle. The town has a rich history, being part of the Tupelo metropolitan area, and is known for its charming Southern landscapes and warm hospitality. Nearby attractions include scenic parks and historical sites, with the city of Tupelo providing access to additional amenities such as shopping, dining, and entertainment. The birthplace of Elvis Presley is also a significant draw for visitors. Residents enjoy a range of outdoor activities, with parks and recreational areas allowing for hiking, fishing, and family gatherings. Plantersville offers a mix of rural charm and access to city conveniences, making it an appealing location for those seeking a peaceful life while remaining close to larger urban opportunities. Overall, it is a quaint spot that embodies the spirit of Mississippi's small-town culture.

πŸ” Search & Compare Places

First Location πŸ“