US5.com
  1. Home
  2. States
  3. Mississippi
  4. ZIP 38683
  5. Housing & Real Estate
Walnut town, MS

ZIP 38683 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38683

Median Home Value
$113,100
Median Rent
$455
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$727/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 38683 in Walnut town, MS, a household would need roughly $31,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $727. That sits below the local median household income ($36,992), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 24% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.0%+12% vs US avg
x
Vacancy Rate
24.5%+138% vs US avg
x
Broadband Access
69.1%-21% vs US avg
x
4+ Bedrooms
3.3%-77% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
14.3%-71% vs US avg
x
Mortgage-Free
62.6%+64% vs US avg
x
$113,100
Home Value
$455
Rent
1987
Year Built
2001
Moved In

Residents have lived here since ~2001 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached68.7%
  • 1-unit attached0.0%
  • 2-9 units3.2%
  • 10+ units1.8%
  • Mobile home & other26.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$113,100
Median rent$455
Owner-occupied73.0%
Vacant24.5%
Price-to-income3.1x
Est. income to buy$31,000