Living in Indianola, Mississippi

Cost of living, income, home prices, rent and demographics of Indianola · Census data 2020–2024

Indianola has 9,062 residents with a median age of 35.7. The median household income is $41,708 (26% lower than the Mississippi median), the median home value is $108,800, the median rent is $720/month.

Indianola at a glance

Population
9,062
Median age
35.7State: 38.6
Median household income
$41,708State: $56,447
Median home value
$108,800State: $169,800
Median rent
$720/moState: $954
Homeowners
51.8%
Bachelor's degree or higher
21%
Average commute
21 min

Is Indianola a good place to live?

Pros: Home values 36% lower than the state median; an average commute of 21 minutes.

Cons: Median household income 26% lower than the Mississippi median; unemployment of 13.1%; a poverty rate of 30.5%.

The weather is best in April–May and September–October.

Cost of living in Indianola

Housing is the biggest part of the cost of living. In Indianola the median home value is $108,800, 67% lower than the U.S. median. Renters pay a median of $720 per month, which is 33.2% of household income. Homeowners with a mortgage pay $1,070 a month in housing costs.

Median home value

Indianola$108,800
Mississippi$169,800
United States$332,700

Median monthly rent

Indianola$720
Mississippi$954
United States$1,413

Indianola median household income

The median household income in Indianola is $41,708 and the income per person is $22,102. 30.5% of residents live below the poverty line (Mississippi: 18.9%).

Median household income

Indianola$41,708
Mississippi$56,447
United States$80,734

Housing in Indianola: homes for sale and rent

Housing units
4,060
Owner-occupied
51.8%
Renter-occupied
48.2%
Vacant
14%Includes seasonal homes
Median year built
1971
Average household size
2.56

Indianola demographics

Population
9,062
Median age
35.7
Under 18
25.7%
65 and older
16.6%
Households
3,493
Foreign-born
1.6%
Veterans
3.9%Adults 18+

Race and ethnicity

White15%
Hispanic or Latino1.7%
Black81.6%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Indianola ›

Education in Indianola

21% of adults 25 and older in Indianola have a bachelor's degree or higher (Mississippi: 25.1%), and 10.6% have a graduate or professional degree.

Bachelor's degree or higher

Indianola21%
Mississippi25.1%
United States35.7%

Jobs and commute in Indianola

Unemployment rate
13.1%State: 5.8%
Average commute
21 minState: 26 min
Work from home
5.2%
Drive alone
81%
Public transit
0%
Walk to work
0.5%
Homes with broadband
75.3%

Indianola vs nearby towns

TownPopulationMedian incomeHome valueRent
Indianola9,062$41,708$108,800$720
Inverness740$58,250$142,700$580
Moorhead1,439$34,625$82,000$636
Sunflower976$19,951$77,600$434
Shaw1,508$30,469$102,100$556
Isola861$37,981$88,600$641
Leland3,777$37,406$109,700$834
Doddsville260$24,273$131,400—
Mississippi Valley State University741$75,425—$837

More for people moving to Indianola

Indianola ZIP code ›Weather and climate ›

Living in Indianola: FAQ

What is the median household income in Indianola, MS?

The median household income in Indianola is $41,708, 26% lower than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Indianola?

The median home value in Indianola is $108,800, compared with $169,800 in Mississippi.

How much is rent in Indianola?

The median gross rent in Indianola is $720 per month, about 33.2% of household income.

Is Indianola, MS a good place to live?

Pluses: home values 36% lower than the state median; an average commute of 21 minutes. Minuses: median household income 26% lower than the Mississippi median; unemployment of 13.1%; a poverty rate of 30.5%.

What is the median age in Indianola?

The median age in Indianola is 35.7 years (Mississippi: 38.6).

How long is the commute in Indianola?

The average commute to work in Indianola is 21 minutes; 5.2% of workers work from home.

What is the unemployment rate in Indianola?

The unemployment rate in Indianola is 13.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Indianola?

21% of adults in Indianola have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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