Living in Southaven, Mississippi
Cost of living, income, home prices, rent and demographics of Southaven · Census data 2020–2024
Southaven has 56,226 residents with a median age of 36.2. The median household income is $78,483 (39% higher than the Mississippi median), the median home value is $236,300, the median rent is $1,445/month.
Southaven at a glance
- Population
- 56,226
- Median age
- 36.2State: 38.6
- Median household income
- $78,483State: $56,447
- Median home value
- $236,300State: $169,800
- Median rent
- $1,445/moState: $954
- Homeowners
- 72.5%
- Bachelor's degree or higher
- 28.8%
- Average commute
- 24 min
Is Southaven a good place to live?
Pros: Median household income 39% higher than the Mississippi median; an average commute of 24 minutes; unemployment of 3.3%; a poverty rate of 12.6%.
Cons: Home values 39% higher than the state median.
The weather is best in April–May and September–October.
Cost of living in Southaven
Housing is the biggest part of the cost of living. In Southaven the median home value is $236,300, 29% lower than the U.S. median. Renters pay a median of $1,445 per month, which is 30% of household income. Homeowners with a mortgage pay $1,565 a month in housing costs.
Southaven median household income
The median household income in Southaven is $78,483 and the income per person is $35,303. 12.6% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Southaven: homes for sale and rent
- Housing units
- 23,046
- Owner-occupied
- 72.5%
- Renter-occupied
- 27.5%
- Vacant
- 7.8%Includes seasonal homes
- Median year built
- 1998
- Average household size
- 2.63
Southaven demographics
- Population
- 56,226
- Median age
- 36.2
- Under 18
- 25.5%
- 65 and older
- 13.2%
- Households
- 21,251
- Foreign-born
- 3.4%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Southaven ›
Education in Southaven
28.8% of adults 25 and older in Southaven have a bachelor's degree or higher (Mississippi: 25.1%), and 10.2% have a graduate or professional degree.
Jobs and commute in Southaven
- Unemployment rate
- 3.3%State: 5.8%
- Average commute
- 24 minState: 26 min
- Work from home
- 9.8%
- Drive alone
- 77.7%
- Public transit
- 0.1%
- Walk to work
- 0.3%
- Homes with broadband
- 93.5%
Southaven vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Southaven | 56,226 | $78,483 | $236,300 | $1,445 |
| Horn Lake | 26,647 | $53,311 | $171,400 | $1,435 |
| Bridgetown | 3,195 | $139,224 | $344,500 | — |
| Hernando | 17,949 | $76,950 | $315,900 | $1,302 |
| Lynchburg | 2,161 | $88,750 | $222,300 | $1,915 |
| Olive Branch | 47,019 | $100,606 | $290,000 | $1,829 |
| Walls | 1,426 | $58,920 | $193,300 | $1,200 |
| Memphis | 618,980 | $51,736 | $169,000 | $1,181 |
| Eudora | 620 | $89,391 | $263,900 | — |
More for people moving to Southaven
Southaven ZIP code ›Weather and climate ›Living in Southaven: FAQ
What is the median household income in Southaven, MS?
The median household income in Southaven is $78,483, 39% higher 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 Southaven?
The median home value in Southaven is $236,300, compared with $169,800 in Mississippi.
How much is rent in Southaven?
The median gross rent in Southaven is $1,445 per month, about 30% of household income.
Is Southaven, MS a good place to live?
Pluses: median household income 39% higher than the Mississippi median; an average commute of 24 minutes; unemployment of 3.3%; a poverty rate of 12.6%. Minuses: home values 39% higher than the state median.
What is the median age in Southaven?
The median age in Southaven is 36.2 years (Mississippi: 38.6).
How long is the commute in Southaven?
The average commute to work in Southaven is 24 minutes; 9.8% of workers work from home.
What is the unemployment rate in Southaven?
The unemployment rate in Southaven is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Southaven?
28.8% of adults in Southaven 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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