Tallahatchie County, Mississippi Housing Market
In Tallahatchie County, Mississippi, the median home value is $82,300, with a median monthly rent of $732. This places Tallahatchie County at #3072 nationally out of 3134 counties by median home value, and #79 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: $945
- Establishments: 186
- BLS QCEW, 2025
Housing Supply
- Single-family: 0
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,019 (avg $43,405)
- Outflow: 3,843 (avg $43,721)
- IRS Statistics of Income
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| Metric | Tallahatchie County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $82,300 | $135,817 | $227,706 |
| Median Gross Rent | $732 | $804 | $968 |
| Owner Occupancy Rate | 64.5% | 72.4% | 73.3% |
| Price/Rent Ratio | 9.4 | 13.9 | 18.7 |
Market Analysis
The median home value in Tallahatchie County is 39.4% below the Mississippi state average and 63.9% below the U.S. national average. The median rent of $732/month is 9.0% below the state average.
With a price-to-rent ratio of 9.4, buying a home in Tallahatchie 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.
Tallahatchie County has an owner-occupancy rate of 64.5%, 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 |
|---|---|---|---|
| Lamb County | Texas | $82,400 | $968 |
| Claiborne Parish | Louisiana | $82,100 | $674 |
| Jefferson County | Oklahoma | $82,500 | $647 |
| Sumter County | Alabama | $82,600 | $775 |
| Webster County | Georgia | $82,600 | $658 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Claiborne County | $82,700 | $660 | 76.5% |
| Jefferson County | $81,300 | $448 | 82.9% |
| Holmes County | $80,400 | $590 | 61.0% |
| Humphreys County | $87,800 | $641 | 61.7% |
| Wilkinson County | $90,000 | $686 | 78.4% |
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).