MyNeighborhood

Can you afford to live in SOUTHAVEN?

Median household income, home values and rent in SOUTHAVEN, MS — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in SOUTHAVEN.

Median household income: $76,159 — +30.8% since 2015 (not adjusted for inflation)

Median gross rent: $1,361/mo — +43.9% since 2015

Median home value, 2015 to 2023

  • 2015: 137000
  • 2023: 214800

Median household income

  • SOUTHAVEN: 76159
  • DeSoto County: 82980
  • MS: 54915
  • U.S.: 78538

Median gross rent

  • SOUTHAVEN: 1361
  • DeSoto County: 1341
  • MS: 923
  • U.S.: 1348

Share of income a typical renter spends on rent: 27.6% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($76,159 versus $78,538).

The typical renter here spends 27.6% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+43.9% versus +30.8%), before adjusting for inflation.

Sources

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