Housing costs in Fayette?
A typical home costs
$82,600, which is 75.6% less expensive than the national average of
$338,100 and 46.8% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Fayette costs
$650 per month, which is 54.5% cheaper than the national average of
$1,430 and 36.9% cheaper than the state average of
$890.
Can I afford Fayette?
To live comfortably in Fayette (zip 39069), Mississippi, a minimum annual income of
$15,840 for a family, and
$19,600 for a single person is recommended.
What does A.I. say about Fayette?
The cost of living in 39069 Fayette, MS is quite low compared to the national average. The median home value is approximately $84,800, and the median household income is around $31,500. The unemployment rate is very low, at 3.9%, and the city boasts many amenities such as grocery stores, banks and parks. Property taxes are on the lower side as well, ranging from 0.50-2%. Groceries, transportation and utility costs are also relatively inexpensive in Fayette; overall cost of living here is quite affordable for those looking to settle down and start a family or build a career in this beautiful city.