Living in Okolona, Mississippi

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

Okolona has 2,430 residents with a median age of 35.5. The median household income is $26,042 (54% lower than the Mississippi median), the median home value is $92,200, the median rent is $582/month.

Okolona at a glance

Population
2,430
Median age
35.5State: 38.6
Median household income
$26,042State: $56,447
Median home value
$92,200State: $169,800
Median rent
$582/moState: $954
Homeowners
42.9%
Bachelor's degree or higher
8.6%
Average commute
23 min

Is Okolona a good place to live?

Pros: Home values 46% lower than the state median; an average commute of 23 minutes.

Cons: Median household income 54% lower than the Mississippi median; unemployment of 13.8%; a poverty rate of 43.2%.

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

Cost of living in Okolona

Housing is the biggest part of the cost of living. In Okolona the median home value is $92,200, 72% lower than the U.S. median. Renters pay a median of $582 per month, which is 25.8% of household income. Homeowners with a mortgage pay $776 a month in housing costs.

Median home value

Okolona$92,200
Mississippi$169,800
United States$332,700

Median monthly rent

Okolona$582
Mississippi$954
United States$1,413

Okolona median household income

The median household income in Okolona is $26,042 and the income per person is $18,207. 43.2% of residents live below the poverty line (Mississippi: 18.9%).

Median household income

Okolona$26,042
Mississippi$56,447
United States$80,734

Housing in Okolona: homes for sale and rent

Housing units
1,329
Owner-occupied
42.9%
Renter-occupied
57.1%
Vacant
15.4%Includes seasonal homes
Median year built
1971
Average household size
2.11

Okolona demographics

Population
2,430
Median age
35.5
Under 18
21.4%
65 and older
19.3%
Households
1,124
Foreign-born
0.4%
Veterans
8.9%Adults 18+

Race and ethnicity

White17.3%
Hispanic or Latino0%
Black81.2%
Asian0%

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

Education in Okolona

8.6% of adults 25 and older in Okolona have a bachelor's degree or higher (Mississippi: 25.1%), and 2.4% have a graduate or professional degree.

Bachelor's degree or higher

Okolona8.6%
Mississippi25.1%
United States35.7%

Jobs and commute in Okolona

Unemployment rate
13.8%State: 5.8%
Average commute
23 minState: 26 min
Work from home
3.5%
Drive alone
89.6%
Public transit
0%
Walk to work
2.6%
Homes with broadband
80.2%

Okolona vs nearby towns

TownPopulationMedian incomeHome valueRent
Okolona2,430$26,042$92,200$582
Shannon1,383$42,297$130,900$822
Nettleton1,853$41,842$119,900$933
Verona2,748$46,148$118,300$1,011
Plantersville929$25,662$125,000$832
Amory6,500$52,901$162,000$834
New Houlka702$46,705$85,100$756
Aberdeen4,890$33,285$87,600$727
Houston3,741$44,023$122,800$727

More for people moving to Okolona

Okolona ZIP code ›Weather and climate ›

Living in Okolona: FAQ

What is the median household income in Okolona, MS?

The median household income in Okolona is $26,042, 54% 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 Okolona?

The median home value in Okolona is $92,200, compared with $169,800 in Mississippi.

How much is rent in Okolona?

The median gross rent in Okolona is $582 per month, about 25.8% of household income.

Is Okolona, MS a good place to live?

Pluses: home values 46% lower than the state median; an average commute of 23 minutes. Minuses: median household income 54% lower than the Mississippi median; unemployment of 13.8%; a poverty rate of 43.2%.

What is the median age in Okolona?

The median age in Okolona is 35.5 years (Mississippi: 38.6).

How long is the commute in Okolona?

The average commute to work in Okolona is 23 minutes; 3.5% of workers work from home.

What is the unemployment rate in Okolona?

The unemployment rate in Okolona is 13.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Okolona?

8.6% of adults in Okolona 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.

Last updated: