Living in Pace, Mississippi
Cost of living, income, home prices, rent and demographics of Pace · Census data 2020–2024
Pace has 104 residents with a median age of 61.3. The median household income is $27,917 (51% lower than the Mississippi median), the median home value is $76,000, the median rent is $632/month.
Pace is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Pace at a glance
- Population
- 104
- Median age
- 61.3State: 38.6
- Median household income
- $27,917State: $56,447
- Median home value
- $76,000State: $169,800
- Median rent
- $632/moState: $954
- Homeowners
- 72.7%
- Bachelor's degree or higher
- 11%
- Average commute
- 15 min
Is Pace a good place to live?
Pros: Home values 55% lower than the state median; an average commute of 15 minutes; a poverty rate of 6.7%.
Cons: Median household income 51% lower than the Mississippi median.
The weather is best in April–May and September–October.
Cost of living in Pace
Housing is the biggest part of the cost of living. In Pace the median home value is $76,000, 77% lower than the U.S. median. Renters pay a median of $632 per month, which is 31.8% of household income. Homeowners with a mortgage pay — a month in housing costs.
Pace median household income
The median household income in Pace is $27,917 and the income per person is $21,713. 6.7% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Pace: homes for sale and rent
- Housing units
- 80
- Owner-occupied
- 72.7%
- Renter-occupied
- 27.3%
- Vacant
- 31.3%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 1.89
31.3% of homes are vacant most of the year, a sign that Pace has many vacation and second homes.
Pace demographics
- Population
- 104
- Median age
- 61.3
- Under 18
- 12.5%
- 65 and older
- 47.1%
- Households
- 55
- Foreign-born
- 0%
- Veterans
- 7.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Pace ›
Education in Pace
11% of adults 25 and older in Pace have a bachelor's degree or higher (Mississippi: 25.1%), and 2.2% have a graduate or professional degree.
Jobs and commute in Pace
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 15 minState: 26 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 34.5%
Pace vs nearby towns
More for people moving to Pace
Pace ZIP code ›Weather and climate ›Living in Pace: FAQ
What is the median household income in Pace, MS?
The median household income in Pace is $27,917, 51% 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 Pace?
The median home value in Pace is $76,000, compared with $169,800 in Mississippi.
How much is rent in Pace?
The median gross rent in Pace is $632 per month, about 31.8% of household income.
Is Pace, MS a good place to live?
Pluses: home values 55% lower than the state median; an average commute of 15 minutes; a poverty rate of 6.7%. Minuses: median household income 51% lower than the Mississippi median.
What is the median age in Pace?
The median age in Pace is 61.3 years (Mississippi: 38.6).
How long is the commute in Pace?
The average commute to work in Pace is 15 minutes; 0% of workers work from home.
What is the unemployment rate in Pace?
The unemployment rate in Pace is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pace?
11% of adults in Pace 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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