Quick facts: Holly springs, MS

Quick Facts

90.0
Cost of Living
below US average
6,823
Population
6.45
Crime Rate per 1000
below US average
$45,552
Median Income
below US average
$200,000
Median House Price
above US average
$1575.0
Average Rent
above US average
20%
Poverty Rate
above US average
6.1%
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 $45,552.

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Income Needed to Buy

βœ— Stretch
$63k/year
Based on $200,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $63k vs median $45,552
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Income Needed to Rent

⚠ Stretch
$68k/year
Based on $1575.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $68k vs median $45,552
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Holly springs, MS

Holly Springs is a charming city located in Marshall County, Mississippi, known for its rich history and Southern hospitality. With a population of around 7,500 residents, it offers a tight-knit community atmosphere while being steeped in cultural significance. The city is renowned for its historic architecture, notably the Holly Springs Depot and the cultural heritage surrounding the Civil War. Outdoor enthusiasts can enjoy the scenic beauty of nearby Holly Springs National Forest, which provides hiking trails, camping spots, and opportunities for wildlife viewing. The city's annual events, such as the Holly Springs BBQ Festival, showcase local cuisine and crafts, drawing in visitors. Holly Springs is also recognized for its connections to famous figures, including civil rights leader Ida B. Wells and blues musician B.B. King. The city's economy is primarily driven by agriculture, manufacturing, and tourism, reflecting the area's rural charm and resources. In summary, Holly Springs is a city rich in history and community spirit, set against the backdrop of the natural beauty of Mississippi. It offers a blend of cultural heritage, outdoor activities, and warm hospitality.

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