Quick facts: Corinth, MS

Quick Facts

92.7
Cost of Living
below US average
14,312
Population
55.69
Crime Rate per 1000
above US average
$40,546
Median Income
below US average
$159,900
Median House Price
above US average
$1314.0
Average Rent
below US average
20%
Poverty Rate
above US average
4.5%
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 $40,546.

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Income Needed to Buy

βœ— Stretch
$50k/year
Based on $159,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $50k vs median $40,546
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Income Needed to Rent

⚠ Stretch
$56k/year
Based on $1314.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $56k vs median $40,546
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Corinth, MS

Corinth, Mississippi, is a historic city located in the northeastern part of the state, serving as the county seat of Alcorn County. With a population of around 14,000, it blends Southern charm with a rich cultural heritage. Corinth is famously known for its significance during the Civil War, especially as a strategic railroad junction. The city offers a range of historical attractions, such as the Corinth Civil War Interpretive Center, which provides insights into the battles that occurred in the area. The downtown area features quaint shops, restaurants, and cultural events that reflect the local community spirit. Outdoor enthusiasts can enjoy the scenic beauty of nearby Shiloh National Military Park, offering trails and historical sites. Corinth celebrates its diverse culture with various festivals and events throughout the year, adding vibrancy to the small-town atmosphere. Additionally, the city benefits from a strong sense of community, characterized by friendly residents and a commitment to preserving its historical legacy. Whether you're interested in history, nature, or Southern hospitality, Corinth is a welcoming destination worth exploring.

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