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ZipNumbers

Mississippi · Census place 71480

Summit town, MS

Quick answer

Summit town has 2,684 residents, ranking #102 of 427 places in Mississippi. Median household income is $33,983, the median home is worth $101,700 and median gross rent runs $936 a month.

Population
2,684Summit town residents
Median household income
$33,983Past 12 months, inflation adjusted
Median home value
$101,700Owner-occupied units
Median gross rent
$936Rent plus utilities, monthly
Median age
28.1 yrsAll residents
Homeownership rate
53.9%Owner-occupied households

What the numbers mean in Summit town

Housing cost measured against local earnings.

A household earning the Summit town median would spend about 33.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 38.4% of residents and 53.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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