Quick facts: Cleveland, MS

Quick Facts

92.7
Cost of Living
below US average
10,545
Population
58.42
Crime Rate per 1000
above US average
$42,005
Median Income
below US average
$129,000
Median House Price
above US average
$949.0
Average Rent
below US average
24%
Poverty Rate
above US average
5.6%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $42,005.

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Income Needed to Buy

βœ“ Affordable
$40k/year
Based on $129,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($42,005) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$41k/year
Based on $949.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($42,005) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cleveland, MS

Cleveland, Mississippi, is a charming small town located in the heart of the Mississippi Delta. Known for its rich cultural heritage and vibrant community, Cleveland is often recognized for its music, food, and agriculture. The town boasts a population of around 12,000 residents, making it a close-knit community where neighbors know one another. Cleveland is home to Delta State University, which adds an educational and youthful vibe to the area. The university's campus hosts various cultural events, arts programs, and sporting activities that engage both students and locals alike. The town also celebrates its rich history in blues music, as it is in close proximity to legendary blues landmarks. Visitors can explore local attractions like the Delta Blues Museum and enjoy the annual events, festivals, and farmers' markets that showcase the area's unique heritage. With its Southern charm, friendly atmosphere, and dedication to preserving its history, Cleveland offers a welcoming experience for residents and visitors seeking to immerse themselves in Delta culture.

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