Quick facts: Port gibson, MS

Quick Facts

92.7
Cost of Living
below US average
1,206
Population
24.88
Crime Rate per 1000
above US average
$24,773
Median Income
below US average
$230,000
Median House Price
above US average
$1309
Average Rent
below US average
30%
Poverty Rate
above US average
5.3%
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 $24,773.

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Income Needed to Buy

βœ— Stretch
$72k/year
Based on $230,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $72k vs median $24,773
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Income Needed to Rent

⚠ Stretch
$56k/year
Based on $1309/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $56k vs median $24,773
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Port gibson, MS

Port Gibson is a small city located in Claiborne County, Mississippi. Nestled along the beautiful Mississippi River, it serves as an important historical site with a rich cultural heritage. Founded in the late 18th century, Port Gibson was known for its role during the Civil War and is often noted for its well-preserved antebellum architecture. The city is home to several historical landmarks, including the Port Gibson Courthouse and the historic Zion Chapel AME Church, reflecting its deep roots in African American history and the civil rights movement. The surrounding natural beauty features rolling hills and lush greenery, making it a picturesque setting. With a population of around 1,500 residents, Port Gibson offers a close-knit community atmosphere. The local economy is primarily driven by agriculture and tourism, with visitors drawn to its historical significance and scenic landscapes. Outdoor enthusiasts can enjoy activities like fishing and hiking in the nearby parks and riverbanks. Overall, Port Gibson is a charming town where history and nature intertwine, inviting exploration and appreciation of its unique cultural footprint.

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