Choctaw County, Mississippi Housing Market
In Choctaw County, Mississippi, the median home value is $117,200, with a median monthly rent of $638. This places Choctaw County at #2690 nationally out of 3134 counties by median home value, and #46 within Mississippi.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,148
- Establishments: 127
- BLS QCEW, 2025
Housing Supply
- Single-family: 7
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,895 (avg $49,255)
- Outflow: 2,745 (avg $50,060)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Choctaw County Compares
| Metric | Choctaw County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $117,200 | $135,817 | $227,706 |
| Median Gross Rent | $638 | $804 | $968 |
| Owner Occupancy Rate | 79.4% | 72.4% | 73.3% |
| Price/Rent Ratio | 15.3 | 13.9 | 18.7 |
Market Analysis
The median home value in Choctaw County is 13.7% below the Mississippi state average and 48.5% below the U.S. national average. The median rent of $638/month is 20.6% below the state average.
With a price-to-rent ratio of 15.3, the buy-vs-rent decision in Choctaw County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Choctaw County has an owner-occupancy rate of 79.4%, compared to 72.4% in Mississippi and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Taylor County | Iowa | $117,200 | $765 |
| LaMoure County | North Dakota | $117,200 | $766 |
| Emmons County | North Dakota | $117,200 | $568 |
| Talbot County | Georgia | $117,100 | $816 |
| Washington County | Kansas | $117,100 | $562 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Leake County | $116,800 | $765 | 76.7% |
| Clarke County | $118,100 | $801 | 82.3% |
| Webster County | $120,100 | $632 | 76.1% |
| Copiah County | $114,100 | $766 | 74.4% |
| Monroe County | $120,800 | $768 | 76.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).