Housing costs in Baldwyn?
A typical home costs
$122,000, which is 63.9% less expensive than the national average of
$338,100 and 21.4% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Baldwyn costs
$870 per month, which is 2.2% cheaper than the national average of
$890 and 4.6% more than the state average of
$830.
Can I afford Baldwyn?
To live comfortably in Baldwyn (zip 38824), Mississippi, a minimum annual income of
$23,400 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Baldwyn?
The cost of living in 38824 Baldwyn, MS is relatively low compared to the national average. The estimated median household income for this area is $35,731 and the median home value is $92,300. These figures are significantly lower than most other areas in Mississippi, making it an attractive option for those looking to save money while still enjoying a quality lifestyle. In general, housing costs are more affordable here than elsewhere in the state and taxes tend to be considerably lower. Groceries and other necessities can also be found at discounted prices compared to larger cities, making it easier for residents to stretch their budgets.