Living in Shannon, Mississippi
Cost of living, income, home prices, rent and demographics of Shannon · Census data 2020–2024
Shannon has 1,383 residents with a median age of 35.4. The median household income is $42,297 (25% lower than the Mississippi median), the median home value is $130,900, the median rent is $822/month.
Shannon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Shannon at a glance
- Population
- 1,383
- Median age
- 35.4State: 38.6
- Median household income
- $42,297State: $56,447
- Median home value
- $130,900State: $169,800
- Median rent
- $822/moState: $954
- Homeowners
- 61.5%
- Bachelor's degree or higher
- 13.8%
- Average commute
- 22 min
Is Shannon a good place to live?
Pros: Home values 23% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 25% lower than the Mississippi median; unemployment of 8.9%; a poverty rate of 24.1%.
The weather is best in April–May and September–October.
Cost of living in Shannon
Housing is the biggest part of the cost of living. In Shannon the median home value is $130,900, 61% lower than the U.S. median. Renters pay a median of $822 per month, which is 25.7% of household income. Homeowners with a mortgage pay $1,058 a month in housing costs.
Shannon median household income
The median household income in Shannon is $42,297 and the income per person is $21,906. 24.1% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Shannon: homes for sale and rent
- Housing units
- 765
- Owner-occupied
- 61.5%
- Renter-occupied
- 38.5%
- Vacant
- 18.4%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.22
Shannon demographics
- Population
- 1,383
- Median age
- 35.4
- Under 18
- 21.1%
- 65 and older
- 16.3%
- Households
- 624
- Foreign-born
- 3.3%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Shannon ›
Education in Shannon
13.8% of adults 25 and older in Shannon have a bachelor's degree or higher (Mississippi: 25.1%), and 3.7% have a graduate or professional degree.
Jobs and commute in Shannon
- Unemployment rate
- 8.9%State: 5.8%
- Average commute
- 22 minState: 26 min
- Work from home
- 3.3%
- Drive alone
- 83.2%
- Public transit
- 0%
- Walk to work
- 0.2%
- Homes with broadband
- 68.4%
Shannon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shannon | 1,383 | $42,297 | $130,900 | $822 |
| Nettleton | 1,853 | $41,842 | $119,900 | $933 |
| Verona | 2,748 | $46,148 | $118,300 | $1,011 |
| Plantersville | 929 | $25,662 | $125,000 | $832 |
| Okolona | 2,430 | $26,042 | $92,200 | $582 |
| Tupelo | 37,791 | $66,257 | $212,800 | $976 |
| Mooreville | 2,154 | $118,333 | $177,900 | $1,079 |
| Amory | 6,500 | $52,901 | $162,000 | $834 |
| Smithville | 559 | $43,603 | $112,000 | $752 |
More for people moving to Shannon
Shannon ZIP code ›Weather and climate ›Living in Shannon: FAQ
What is the median household income in Shannon, MS?
The median household income in Shannon is $42,297, 25% 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 Shannon?
The median home value in Shannon is $130,900, compared with $169,800 in Mississippi.
How much is rent in Shannon?
The median gross rent in Shannon is $822 per month, about 25.7% of household income.
Is Shannon, MS a good place to live?
Pluses: home values 23% lower than the state median; an average commute of 22 minutes. Minuses: median household income 25% lower than the Mississippi median; unemployment of 8.9%; a poverty rate of 24.1%.
What is the median age in Shannon?
The median age in Shannon is 35.4 years (Mississippi: 38.6).
How long is the commute in Shannon?
The average commute to work in Shannon is 22 minutes; 3.3% of workers work from home.
What is the unemployment rate in Shannon?
The unemployment rate in Shannon is 8.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shannon?
13.8% of adults in Shannon 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: