Omaha Mortgage Calculator for Water Valley, Mississippi (38965)

Free omaha mortgage calculator for residents of Water Valley, 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
$50,908
per year in Water Valley
MEDIAN HOME VALUE
$186,721
in Water Valley, MS
HOUSING AFFORDABILITY: AFFORDABLE

Home prices are reasonably accessible for median-income households in this area.

Local Context for Water Valley, Mississippi

In Water Valley, Mississippi (Yalobusha County, ZIP area), the median household income is $50,908 per year and the median home value is $186,721. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Water Valley, Mississippi (ZIP 38965)

City Water Valley, Mississippi
County Yalobusha County
ZIP Code 38965
State Mississippi
Time Zone Chicago
Median Household Income $50,908/year
Median Home Value $186,721

Housing & Cost of Living — Water Valley, Mississippi

Affordability Tier Affordable
Price-to-Income Ratio 2.9x
Est. Monthly Mortgage (20% down, 6.65%) $766/mo
Mortgage as % of Monthly Income 18.1%
Income vs. National Median 32% below the national median
Income Tier Lower-Middle Income
Home Value vs. National Median 52% below the national median
Housing Market Tier Entry-Level Market
Cost of Living Index 50 (Significantly Below Average)

A price-to-income ratio of 2.9x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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