Omaha Mortgage Calculator for Falcon, Mississippi (38628)

Free omaha mortgage calculator for residents of Falcon, Mississippi. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$45,500
per year in Falcon
MEDIAN HOME VALUE
$128,318
in Falcon, MS
HOUSING AFFORDABILITY: VERY AFFORDABLE

Home prices are well within reach for median-income households in this area.

Local Context for Falcon, Mississippi

In Falcon, Mississippi (Quitman County, ZIP area), the median household income is $45,500 per year and the median home value is $128,318. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Falcon, Mississippi (ZIP 38628)

City Falcon, Mississippi
County Quitman County
ZIP Code 38628
State Mississippi
Time Zone Chicago
Median Household Income $45,500/year
Median Home Value $128,318

Housing & Cost of Living — Falcon, Mississippi

Affordability Tier Affordable
Price-to-Income Ratio 2.8x
Est. Monthly Mortgage (20% down, 6.65%) $659/mo
Mortgage as % of Monthly Income 17.4%
Income vs. National Median 39% below the national median
Income Tier Lower-Middle Income
Home Value vs. National Median 58% below the national median
Housing Market Tier Entry-Level Market
Cost of Living Index 43 (Significantly Below Average)

A price-to-income ratio of 2.8x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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