Quick facts: Soso, MS

Quick Facts

92.7
Cost of Living
below US average
408
Population
Crime rate Data is updating, will be available soon
$69,375
Median Income
below US average
$219,000
Median House Price
above US average
$1309
Average Rent
below US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $69,375.

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Income Needed to Buy

βœ“ Affordable
$69k/year
Based on $219,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($69,375) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1309/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($69,375) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Soso, MS

Soso is a small town located in Jones County, Mississippi. With a population of under 1,000, it embodies the charm of a close-knit community. Nestled in a rural area, Soso offers a serene atmosphere, making it appealing to those seeking a quieter lifestyle. The town is within proximity to larger cities such as Laurel and Hattiesburg, providing access to additional amenities and services. Temperature in Soso typically varies with warm summers and mild winters, characteristic of the southern climate. Residents enjoy a range of outdoor activities, thanks to the picturesque landscapes that define Mississippi. The small-town vibe fosters friendly interactions and a strong sense of community, where local events and gatherings are common. Soso is rich in history and reflects the cultural heritage of Mississippi. The town is primarily residential, featuring modest homes and small local businesses. Additionally, it offers opportunities for farming and agriculture, a significant aspect of the local economy. Overall, Soso presents a unique blend of rural tranquility with access to nearby urban conveniences, making it a quaint option for living in Mississippi.

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