Sharkey County, Mississippi Housing Market
In Sharkey County, Mississippi, the median home value is $98,000, with a median monthly rent of $623. This places Sharkey County at #2944 nationally out of 3134 counties by median home value, and #69 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: $728
- Establishments: 114
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,379 (avg $50,365)
- Outflow: 1,364 (avg $50,313)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Sharkey County Compares
| Metric | Sharkey County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $98,000 | $135,817 | $227,706 |
| Median Gross Rent | $623 | $804 | $968 |
| Owner Occupancy Rate | 66.5% | 72.4% | 73.3% |
| Price/Rent Ratio | 13.1 | 13.9 | 18.7 |
Market Analysis
The median home value in Sharkey County is 27.8% below the Mississippi state average and 57.0% below the U.S. national average. The median rent of $623/month is 22.5% below the state average.
With a price-to-rent ratio of 13.1, buying a home in Sharkey County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Sharkey County has an owner-occupancy rate of 66.5%, compared to 72.4% in Mississippi and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pocahontas County | Iowa | $98,100 | $832 |
| Lake County | Tennessee | $97,900 | $532 |
| Bamberg County | South Carolina | $97,800 | $815 |
| La Salle County | Texas | $97,800 | $819 |
| Jackson County | Arkansas | $98,300 | $668 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Kemper County | $99,600 | $677 | 79.0% |
| Neshoba County | $100,000 | $839 | 78.1% |
| Lawrence County | $100,000 | $753 | 83.5% |
| Sunflower County | $100,300 | $694 | 54.9% |
| Amite County | $100,800 | $670 | 82.4% |
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).